Curious how this conversation has aged since May. As a financial advisor, I handle cash spend down for many non-profits and entities that front fund projects. The challenge is that money market rates and CD’s are about to plummet in yield. As soon as the fed announces their drop, all of these rates will drop. Though 3% will be better than a…

Read more

I believe the mission of the funds being used in the sponsorship need to align with those of the fiscal sponsor. I know of no reason why the designee can’t be a 501C7. I know many 501C7’s that own a 501C3’s but that is not part of the question

I am not an attorney, CPA or a REALTOR. However, I assume you have a deed restriction on a property that says you can’t sell it. That does not make the value 0 however. Without knowing more about how you obtained the property I would question that a perpetual “Never be sold” is a complete gift and sounds like control from beyond the grave. There…

Read more