The National Council of Nonprofits does not serve as a fiscal sponsor; however, we’ve gathered resources for those exploring a fiscal sponsor relationship.
A fiscal sponsor is a nonprofit organization that provides fiduciary oversight, financial management, and other administrative services to help build the capacity of charitable projects.
In response to the recent executive orders and actions, we have collected responses to frequently asked questions on the expected impacts on charitable nonprofits.
A summary of financial considerations are listed for nonprofits in properly acknowledging the contributions of nonfinancial assets or so-called “gifts-in-kind".
Economic forces over the past couple years have driven costs higher, but they've also created new opportunities for nonprofits to receive greater yields on their cash.
The goal of internal controls is to create business practices that serve as “checks and balances” on staff, board, and/or outside vendors to reduce the risk of misappropriation of funds/assets.
The board of directors of a nonprofit has a fiduciary responsibility to protect the assets of the nonprofit and ensure that the assets are used to further the nonprofit’s mission.
