Executive summary: The post discusses how fiscal sponsorship and operations support can help new nonprofit organizations, especially in the EA community, quickly establish infrastructure and gain access to expertise.
Key points:
Fiscal sponsorship allows leveraging an existing organization’s legal status and tax exemption to avoid creating a new entity. This enables faster startup and fundraising.
Operations support provides part-time access to specialists in areas like finance, HR, and legal. This is often cheaper and more flexible than hiring full-time staff.
New and small organizations tend to benefit most from fiscal sponsorship and operations support due to fast setup and variable capacity.
Drawbacks are potentially high fees and some loss of autonomy, especially with fiscal sponsorship.
Organizations may start with fiscal/operations support and later build internal capacity.
This comment was auto-generated by the EA Forum Team. Feel free to point out issues with this summary by replying to the comment, andcontact us if you have feedback.
Executive summary: The post discusses how fiscal sponsorship and operations support can help new nonprofit organizations, especially in the EA community, quickly establish infrastructure and gain access to expertise.
Key points:
Fiscal sponsorship allows leveraging an existing organization’s legal status and tax exemption to avoid creating a new entity. This enables faster startup and fundraising.
Operations support provides part-time access to specialists in areas like finance, HR, and legal. This is often cheaper and more flexible than hiring full-time staff.
New and small organizations tend to benefit most from fiscal sponsorship and operations support due to fast setup and variable capacity.
Drawbacks are potentially high fees and some loss of autonomy, especially with fiscal sponsorship.
Organizations may start with fiscal/operations support and later build internal capacity.
This comment was auto-generated by the EA Forum Team. Feel free to point out issues with this summary by replying to the comment, and contact us if you have feedback.