What makes choosing the fiscal sponsorship track attractive to both the community project and to the 501(c)3 organization?
For nonexempt community projects?
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Fast track to impact
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Reduced costs of establishing an independent organization
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Eliminates the need for a board of directors
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Legitimacy in the eyes of funders
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Benefits potential donors
For organizations with a 501(c)3 designation?
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Foster innovation in mission area
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Perceived reduction in funding competition
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Reduce volunteer demand in the community
