Many individuals, foundations, corporations, or government organizations restrict funding of independent projects to tax-exempt organizations. Fiscal Sponsorship allows AMIA to serve as a conduit for financial resources, and provides some support and oversight for project grants.

Projects fiscally sponsored by AMIA are able to offer the incentive of a charitable deduction for income tax purposes, a service individuals couldn’t otherwise offer. It also offers grant seekers the ability to access foundation and government grant funding that may only be accessible to non-profit organizations or fiscally sponsored projects.

Establishing a fiscal sponsorship under AMIA’s 501(c)(3) public charity designation substantially reduces the costs typically associated with developing nonprofit governance, management and operational infrastructure. It also can be a useful interim step while your project makes the transition to independent charitable status.