The Life and Death of Julius Caesar Shakespeare homepage | Julius Caesar | Act 4, Scene 3 Previous scene | Next scene
Some foundations allow a tax-exempt organization to act as fiscal agent for another organization for various reasons. The fiscal agent agreement is more than an act of kindness from a big nonprofit to a startup. It is a legal action that has consequences.
Fiscal Sponsorship â An Alternative To Creating A Nonprofit. Fiscal sponsorship is an agreement between an established 501(c)3 charity and a group who might be a new organization that is not incorporated and lacks their own tax exempt status but is interested in soliciting donations from others as well as seeking grants from foundations.