Fiscal Sponsorship

What is Fiscal Sponsorship?

Fiscal sponsorship is a way for newly formed organizations or fund-raisers to attract donors when their organization is not yet recognized as a 501(c)(3) or as tax-exempt by the IRS. 

When a startup organization partners with a fiscal sponsor, it is able to benefit from the resources of the established non-profit organization. Resources may include legal oversight, finance management and other administrative services. This can help the startup fund-raiser attract donors and gain the traction or foundation needed to become a more established organization.

Benefits of Fiscal Sponsorship through Spirit of Wellness

• Use of our administrative resources 
• Access to the expertise of our Board of Directors 
• Assistance applying for 501(c)(3) or IRS tax-exempt status R
• Reduced expenses for legal counsel, accountants, auditors, etc.  
• Postponement of hiring staff and renting office space  

How to apply? 

We recognize that sometimes a little help getting things started is all that is needed. Getting a startup non-profit established with donors can take a little time. We offer Fiscal Sponsorship support and arrangements to help your organization’s mission and attract donors to your cause. For more information about Fiscal Sponsorship for your next fundraising event, email us at: support@spiritofwellness.org.