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exit and transfer of assets

Fiscal Sponsorship – Exit and Transfer of Assets

Published on: November 16, 2017November 16, 2017 by Michele Berger

A fiscal sponsorship relationship may, at some point, come to an end. Whether the project leaders have found a new sponsor, created a new nonprofit entity with its own exempt status under 501(c)(3) of the Internal Revenue Code, or decided to move on in order to focus on other ventures, the parties should properly terminate […]

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