Fiscal Sponsorship is a contractual relationship, just like marriage.

So by now you have the full package, and you have to start approaching a fiscal sponsor.

Now any org with a 501c3 can fiscally sponsor you. You probably know several that you can ask.

But you want to make sure of a couple of things:

• Don't pay more than 15% of your revenue as an admin fee
• Don't do anything on a handshake, have a contract with a clearly defined scope of services
• Make sure you will retain your intellectual property if you leave
• Have a defined exit strategy

• Look for organizations that are part of the National Network of Fiscal Sponsors First

• Make sure they have experience in Fiscal Sponsorship

• Everybody makes mistakes so make sure you know how much money is going in and out of your org