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Fiscal Sponsorship

Information about fiscal-sponsorship from school factory:

Why we need to consider this:

  1. Amazon Payments (Kickstarter) requires us to have 501©(3) status.
    1. School factory could act as our liason for this.
  2. Businesses and larger donors may be more comfortable than waiting for our exempt status
  3. Reputation. We're covering our bases while we obtain our own status.

This doesn't replace our own need/desire to get 501©(3) status, just helps us in the interim.

We already know that anything that's donated within 27 months of our incorporation is exempt once we get our determination approved.