|What are the benefits of fiscal sponsorship? And what are the risks with fiscal sponsorship? Attend this session to learn what fiscal sponsorship is and why coalitions and collaborations can benefit from them. Attorneys with Chapman & Cutler will describe the IRS requirements of fiscal sponsors, how those requirements frame the relationship with the sponsored agency, and the components that can be included in a fiscal sponsor agreement, including control and decision-making, insurance, employees and compensation, and financial reporting. Finally, gain insight into practical considerations for establishing a healthy relationship with a fiscal sponsor, and when it is time to incorporate and apply for income tax exemption. |
If you are interested in learning more about the collaboration aspects of fiscal sponsorships and back office services generally, check out Mission Sustainability Initiative at Forefront’s webinar on September 30th.
This is the second webinar in our training series, Advocacy By The Book, geared towards local grassroots organizations navigating thorny legal questions. Our first webinar, Legal and Compliance Issues for Grassroots Groups that Engage in Organizing or Policy Advocacy, was held on July 28 and you can view the recording here. As mentioned in the webinar, the Chicago Lobbying Ordinance is currently delayed indefinitely, and you can click here to read our Lobbying Registration FAQs.