A Fiscal Sponsor is a legal way to receive tax-deductible contributions and grants by putting your project under the tax-exempt umbrella of an existing nonprofit organization such as The San Francisco Foundation Community Initiative Funds (TSFFCIF). It's a simpler and less expensive way to receive funds for charitable purposes than creating a separate nonprofit organization.
Our fiscal sponsor, TSFFCIF, provides much more than use of their tax-exempt status. TSFFCIF provides accounting services, and other administrative support services in keeping with IRS Code for public charities for a small fee. Our partnership with TSFFCIF has saved Creating Solutions a great deal of time and money. It has also allowed us to focus on fulfilling the mission of Creating Solutions: "To do good work for, and with, people with disabilities and their families."
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