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.
Any nonprofit that the IRS recognizes as exempt under section 501(c)(3) can be a fiscal sponsorship. If you are already working closely with a 501(c)(3) organization, you may want to consider asking them to be your organization's fiscal sponsor.