Financing your project – Fiscal Sponsorship

This is the first in a series about how to fund your feature, video, web series or short. Funding an independent project is always a challenge.  This time we will focus on fiscal sponsorship, how it works and how it might be the right fit for your project. What is fiscal sponsorship? A fiscal sponsorship is an arrangement in which a 501(c)(3) organization (the fiscal sponsor) offers its legal and tax-exempt status to another group for a project related to the mission of the nonprofit organization (thanks to the Cullinane Law Group for this concise definition). In the United States, nonprofit organizations must work under specific criteria (i.e. charitable, educational,…