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 […]

National Network of Fiscal Sponsors Gathering 2017

Published on: November 2, 2017November 4, 2017 by Michele Berger

The National Network of Fiscal Sponsors held its Annual Gathering in New Orleans on October 26 and 27. Approximately 120 leaders of fiscal sponsors and other professionals from across the country came to share experiences and to learn about common issues, best practices, and new developments. One common question throughout the gathering was whether the term […]

Nonprofit Radio: Fiscal Sponsorship

Published on: August 30, 2017September 2, 2017 by Gene Takagi

I’ll be on Nonprofit Radio this Friday, September 1, at 10:00 am PT / 1:00 pm ET talking with host Tony Martignetti and consultant Andrew Schulman about fiscal sponsorship. Catch us live on Talking Alternative or a few days later on iTunes. Fiscal sponsorship. You’ve probably seen it and don’t know what it’s called. We’ll fix that as we cover what it is; […]

Lobbying & Grants to Non-501(c)(3) Entities: Know The Rules

Published on: March 24, 2016March 23, 2016 by Erin Bradrick

Although many people think otherwise, 501(c)(3) public charities are in fact permitted to engage to lobbying activities, provided such activities are an insubstantial amount of their overall activities. They are also generally permitted to fund any work of other entities, including non-public charities, that they could engage in themselves, including lobbying activities. However, when a […]

National Network of Fiscal Sponsors Annual Gathering 2015

Published on: November 7, 2015November 8, 2015 by Gene Takagi

The National Network of Fiscal Sponsors held its Annual Gathering in Brooklyn on November 7. Approximately 100 leaders of fiscal sponsors from across the country came to learn about common issues, best practices, and new developments, and to share experiences. Fiscal sponsorship refers to a contractual relationship that allows a person, group, or taxable entity to […]

Fiscal Sponsorship: What You Should Know and Why You Should Know It

Published on: May 26, 2015February 1, 2021 by Gene Takagi 5 Comments

Erin Bradrick‘s article on fiscal sponsorship published by the American Bar Association’s Business Law Today was made available online last week. Read it here. For lawyers who work with nonprofits and exempt organizations or individuals with philanthropic aspirations, “I want to start a nonprofit” may be the single phrase they hear most frequently. However, the […]

Fiscal Sponsorship: The Risks of Being a Fiscal Sponsor

Published on: April 8, 2015April 9, 2015 by Gene Takagi 1 Comment

Fiscal sponsorship can be an incredibly valuable tool for incubating charitable nonprofit projects and creating efficiencies through the provision of administrative support to several discrete projects. The key to its value lies in how well the fiscal sponsor meets its responsibilities and obligations and understands how to appropriately manage the risks of sponsorship. In this […]

NEO Law Group’s Video on Tips for Nonprofits: Fiscal Sponsorship

Published on: January 27, 2015 by Michele Berger

Today, NEO Law Group released a new 3 minute video in its series of videos on tips for nonprofits, available on YouTube. This video focuses on fiscal sponsorship and how it can be done properly. We hope that you enjoy it and please stay tuned for additional videos from NEO Law Group on tips for nonprofits.

Best of the Nonprofit Law Blog 2014

Published on: December 18, 2014December 30, 2014 by Gene Takagi

Here are some selected highlights from NEO Law Group over the past year that we hope you’ll find helpful. 2014 was also highlighted by an addition to Erin’s family and Michele’s graduation and passage of the bar exam! Amazing year for all of us. Blog Posts Governance What Issues Should a Nonprofit Board Consider Annually? Executive Succession: […]

NEO Law Group’s Video on Tips for Starting a Nonprofit – Alternatives to Forming a Nonprofit

Published on: November 13, 2014November 13, 2014 by Michele Berger

Today, NEO Law Group released a new 3 minute video in its series of videos on tips for nonprofits, available on YouTube. While incorporating a nonprofit and applying for tax exemption may be the right choice in some instances, there may often be a better way to achieve your charitable goals. This video focuses on some possible alternatives to formation, including partnering with an existing […]