• mrmalph

    Member
    November 30, 2023 at 12:26 pm

    For many organizations starting up, a fiscal sponsor can be very helpful in bringing the support services the organization needs together in a relatively short period of time. It is important to find a fiscal sponsor that has experience in the type of organization you are building. Check out the the National Network of Fiscal Sponsors website, (fiscal sponsors.org), for a listing fiscal sponsors and their areas of expertise. For trade associations, association management companies, (AMC’s), provide similar, if not identical, supports to the table.

    After some experience with either of the above, the organization will be better able to assess whether it makes sense to move to a more stand alone model.

    I’ve worked with organizations that have used both fiscal sponsors and AMC’s as well as those which have moved to hybrid or independent status and would be happy to discuss further.