Most organizations with fiscal sponsorship do not have their own EIN and will not be able to receive nonprofit verification and access to those perks. This is because an EIN can only be connected to the parent organization.
If your organization is fiscally sponsored, you can still use Bonfire to fundraise by launching a Giving Campaign where the funds go directly to your parent organization. They can distribute the funds to your nonprofit accordingly. Some organizations have worked with their parent organization to change from fiscally sponsored to a chapter. Bonfire can verify chapter organizations at this time.
FAQs for Nonprofits with Fiscal Sponsors
Can a fiscally sponsored organization receive the full spread of verified nonprofit perks?
As most organizations with fiscal sponsorship do not have their own EIN, they will not have access to most perks available to an organization.
Can an organization that is a fiscal sponsor have access to verified nonprofit perks?
Yes. Depending on the organization’s 501(c)3 status, the perks given may differ. To learn more about our nonprofit perks, check out Nonprofit Campaigns on Bonfire.
Is a fiscally sponsored organization responsible for paying sales tax?
No, the appropriate sales tax is calculated for your buyers upon checkout. Organizations do not pay sales tax.
If you have any other questions about how Bonfire can help a fiscally sponsored organization, feel free to reach out to us through our contact page. We’re always happy to help!