The old adage “anyone can start a nonprofit” seems to be true, with 1.8 million nonprofits today and many more starting each day. But what does it really mean to be “charitable”? Fiscal sponsors are often on the receiving end of this question, as we frequently serve as the cradle of new nonprofit initiatives. Join us for a review of some of the fundamental ideas underpinning our work and sharpen your toolkit for navigating an increasingly complex sector with an uncomfortably close relationship with its counterpart, private enterprise. Understand how some commercial activities can be reimagined for a nonprofit context and how nonprofits can use the tools of the private sector to achieve their missions. We’ll also cover the rules around how assets move back and forth between nonprofit and for-profit hands, and how to navigate lines of authority in our sector, from regulators, to attorneys general.
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