In addition to helping our clients create new entities, we provide legal support through the other major milestones in a nonprofit's lifecycle, such as mergers and dissolutions. We also advise nonprofits on legal issues in taking over (or being taken over by) another entity, acquiring the assets of another entity, or selling assets to another entity, where the other entity may be a for-profit business or another exempt organization.
This letter could be important in the event that a Model C fiscal sponsor disburses grant funds for the benefit of a grantee, not by cash grants to the grantee, but by writing checks directly to the grantee’s vendors.
Short form of Fiscal Sponsorship Grant Agreement between a fiscal sponsor and a Model C fiscally sponsored project.
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