LEAD STORY: Number of tax-exempt organizations doubles since 2014
EZ does it — some say IRS makes it too easy to become tax-exempt
A saying, attributed either to a concept of commerce or gritty singer Tom Waits, goes: “You can have something fast, good or cheap. Pick two.” The maxim could have been coined for the misbegotten IRS Form 1023-EZ: You can get tax exemption fast, properly vetted or cheap (using near-zero IRS manpower). All three, no.
IRS introduced Form 1023-EZ in August 2014 to break the logjam of 501(c)(3) applications. It worked. The number of number of new tax-exempt groups has doubled in the last four years since EZ came on the scene. MORE
Microsoft, Google, others exclude nonexempt projects
Nonprofit Quarterly last week published an “Open Letter from the Nonprofit World to Tech Giants” and, that same day, the National Network of Fiscal Sponsors sent out a membership call to arms. MORE
Some Model C projects opt to run campaigns without their sponsors
Fractured Atlas provides Model C fiscal sponsorship to arts and culture projects of all sizes from coast to coast, and offered crowdfunding exclusively through Indiegogo. That changed last year when it began shifting crowdfunding to its own site through its own app. Today, Fractured Atlas projects can use any crowdfunding platform they want but must use its app if they want to offer campaign backers a tax deduction. MORE
Fiscal sponsors: create or update your agency profile
Fiscalsponsordirectory.org helps connect community projects with fiscal sponsors. San Francisco Study Center created and maintains this directory based on self-reported information from the fiscal sponsors listed. Create your listing and help projects and other nonprofits find you fast.
Projects: Find a fiscal sponsor
Use the directory to find the fiscal sponsor that best fits for what you do. To search by state: click on the map links below.
Search by keyword
Search by service category
Animals • Arts & Culture • Children, Youth & Families • Disaster Relief • Drug Treatment • Economic Development • Education • Environment/Sustainable Growth • Faith Based/Religious • Festivals & Events • Health/Nutrition • Housing • International Development • Mental Health • People of Color/Minorities • Political Advocacy/Social Justice • Social Services • Transportation • Women • Youth Development
FOR SPONSORS AND PROJECTS
Attorney Gregory L. Colvin’s Fiscal Sponsorship: 6 Ways to Do It Right describes the six sponsorship models approved and accepted by the IRS and how they work. First published in 1993 and revised several times, it remains, says Kirke Wilson, former president of the Rosenberg Foundation, “an essential part of the library of every grantmaker and grantseeker considering some form of fiscal sponsorship.”
Adler & Colvin is deeply committed to serving the legal needs of the nonprofit sector. We bring experience and passion to our representation of tax-exempt organizations and individual philanthropists in the areas of fiscal sponsorship, charitable gift planning, grantmaking and social investing, nonprofit governance and ethics, revenue-generating activities, social enterprise, tax treatment of lobbying and political activities.
Study Center sponsored its first fiscal project in 1975. We’ve been doing it right ever since. Savvy staff provide a spectrum of community services, serving as a sounding board for projects needing help getting started and a resource for those needing admin support. Our primary focus, financial management, uses a state-of-the-art system to keep you up to date and your project budget on track. Our mission is to help you succeed. Contact Executive Director Geoff Link for more information.