Edward Charles Foundation

Some Services Typically Provided by Fiscal Sponsors

There is really no such thing as a "typical" bundle of services provided by a sponsor. The services available from sponsors vary from nothing to those listed below that are often provided by a professional sponsor.

  • Financial
  • Federal, state and local tax & informational returns
  • Receipt and acknowledgment of tax-deductible donations and grants
  • Payroll tax remittance and filings
  • Monthly financial statements
  • Financial record-keeping
  • Independent Audit
  • Check processing and issuance for expenses, I-9s, 1099s
  • Insurance
  • Directors' & Officers Insurance
  • Volunteer Insurance
  • General Liability
  • Umbrella
  • Commercial Automobile
  • Human Resources Administration
  • Payroll processing, W-2s
  • Personnel policies in compliance with federal, state and local laws
  • Comprehensive benefits package
  • Benefits administration
  • Technical assistance on personnel issues
  • General Administration
  • Bulk rate postal permit
  • Resale permit
  • Sales tax reports
  • Grant progress reports