Summary:
Unlock the potential of your non-USA registered nonprofit by exploring the game-changing concept of fiscal sponsorship with Better Giving.
Fiscal sponsorship allows your Non-USA nonprofit to tap into the generous pool of US donors effortlessly.
Better Giving acts as the sponsor, enabling your nonprofit to receive tax-deductible donations from American supporters without the need to establish a separate US nonprofit, all at a low cost.
Broaden your donor base beyond borders and get access to US donors known for their generosity.
Enhances your organization's credibility and offers valuable support and mentorship, making it a strategic avenue for sustainable growth.
Don't miss out on this opportunity; register now for free!
Why Fiscal Sponsorship?
For non-USA registered charities aiming to tap into the generous pool of US donors, the concept of fiscal sponsorship can be a game-changer. But what exactly is fiscal sponsorship and how can it be leveraged to maximize your charity's potential?
Understanding Fiscal Sponsorship
At its core, fiscal sponsorship refers to a formal arrangement where a US-based 501(c)(3) non-profit organization (the "sponsor") agrees to accept and manage funds for a non-US charitable initiative or organization (the "sponsee"). In essence, the sponsor acts as a financial and legal umbrella, enabling the sponsee to solicit tax-deductible donations and grants without needing to establish a separate American non-profit.
So we, Better Giving, act as the Sponsor, and your organization is the Sponsee. Donors donate through Better Giving's 501c3 in the USA and we pass that grant along to you.
Why Should Your Organization Be Interested?
Broadening Your Donor Base Beyond Borders: Historically, many local charities have maintained a close-knit relationship with their immediate communities, relying on the familiarity and trust developed within that region. However, the world has shrunk, thanks to technology and global mobility. With fiscal sponsorship, even the most locally-focused organizations can break these geographical constraints and attract a diverse range of donors.
Consider this: An expatriate, originally from your locale but now based in New York, stumbles upon your charity's work online. Touched by the cause that resonates with their roots, they are eager to contribute. Fiscal sponsorship makes this cross-border donation seamless and beneficial for the expatriate as they can benefit from tax deductions in the US. This not only amplifies your organization's fundraising capacity but also strengthens the bond of global citizens to their home communities, bridging the gap between local impact and international support.
Access to any US Donors: American donors are known for their generosity, donating $499bn in 2022. By associating with a fiscal sponsor, your charity can pitch to these donors and offer them the incentive of tax-deductible donations โ an attractive proposition for many.
Cost-Effective: Establishing and managing a 501(c)(3) non-profit in the US can be expensive and time-consuming. Fiscal sponsorship provides a streamlined way for non-US organizations to access US funding without the burden of administrative overheads or navigating the complexities of US nonprofit regulations. The Better Giving fiscal sponsorship is just 2.9% of every donation (against a market cost of between 4-10%), and this is paid by the donor, making it no cost to you.
Credibility: Association with a reputable US sponsor can increase your organization's credibility, especially if donors are unfamiliar with your charity. This can lead to enhanced trust and consequently, more substantial contributions.
Support and Mentorship: Often, fiscal sponsors offer more than just a conduit for funds. Better Giving can provide valuable mentorship, guidance, and resources. Especially with how to benefit from blockchain, cryptocurrency, and establishing an endowment. All can be crucial in the growth and effectiveness of your organization.
If your non-USA registered charity is seeking to broaden its horizons and unlock a potentially significant source of funding, or even if this has never, ever been a remote possibility, fiscal sponsorship offers a practical and strategic avenue.
Engaging with Better Giving's fiscal sponsorship might just be the key to ensuring your organization's impactful and sustained presence in the philanthropic arena.
Register now - it's free to do so and takes just a few minutes.
The Better Giving Fiscal Sponsorship service costs just 2.9% of donations - which matches well against an industry standard of between 4-10%.