My organization is considering becoming a fiscal sponsor for a group that does not have tax-exempt status. What does JCCC expect of my organization?
Your organization must assure that you have the legal authority to accept the grant; that a resolution, motion, or similar action has been duly adopted by your governing body authorizing the application; you have identified an official authorized to act in connection with the application and that you will comply with all the conditions of the grant application and the grant award agreement letter. The authorized official will sign the grant application cover sheet. A copy of your organizations most recent IRS 990 form will be included in the application packet. If the application is successful, grants funds will be awarded to the fiscal sponsor and the fiscal sponsor is responsible for all reports being received by JCCC in a timely manner.
Related Questions
- We are a tax-exempt organization, but are not certified as a 501(c)(3) group. Can we still apply for the DeBartolo Family Foundation SOH Award?
- When might an organization use a fiscal sponsor? What types of organizations finds fiscal sponsors most useful?
- Can an inactive organization obtain tax-exempt status?
