Fiscal sponsorship, where an existing nonprofit helps develop a smaller and sometimes early-stage organization without its own tax-exempt designation, can be a tremendous tool for both the sponsoring organization and the project that is being sponsored. But organizations often get into these kinds of arrangements casually or unknowingly -- and without careful planning, they can cause a variety of issues.
Often, fiscal sponsorships’ benefits and pitfalls are discussed in legal terms, but the operational nuances of managing a fiscal sponsor program require specific competencies to ensure the program is benefiting all involved and is not detrimental to the sponsor organization, its staff, board and its tax-exempt status.
WHAT YOU'LL LEARN
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Andrew Schulman
Andrew Schulman is Principal at Schulman Consulting, America's only advisory and consulting practice that specializes in assisting nonprofit fiscal sponsors and fiscally sponsored projects with strategic and operational challenges. Andrew’s combined nonprofit leadership experience and for-profit background have led him to develop an analytical approach to problem solving and an ability to find solutions that account for both impact and efficiency. His goals are to help clients navigate the world of fiscal sponsorship, no matter what their stage of development, and to broaden awareness and understanding of fiscal sponsorship within the nonprofit and funder communities. He has done trainings and published articles for leading nonprofit organizations including Candid/Foundation Center, the National Council of Nonprofits and the National Network of Fiscal Sponsors.
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