Looking for donations or applying for grants but do not have a 501(c)(3) status? Partnering with RNAI allows you to seek and solicit tax-deductible dollars under RNAI’s tax-exempt status.
How does fiscal sponsorship work?
Using its 501(c)(3) public charity tax status, RNAI can receive and disburse funds for another organization’s or group’s project. The project must further RNAI’s mission to serve the citizens of the nine-county region and enhance the quality of life within a community.
Some instances where an organization or group may partner with RNAI include:
- A new organization that does not have its 501(c)(3) tax-exempt status
- A 501(c)(3) organization that does not have the capacity to manage the financial aspects of a grant
- A collaborative working together on a specific project, but the collaborative is not a legal entity and/or does not have 501(c)(3) tax-exempt status