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Can a non-profit organization operate under the umbrella of another non-profit business?
Wiki User
∙ 16y ago
Yes. If you are an arts organization there are several non-profit organizations that act as fiscal sponsors for arts groups allowing them to apply for grants and accept donations ear marked for their purposes. They usually keep 3 - 10% of the donations.
But any non-profit organization can act as an umbrella for another non-profit group if goals are similar.
Wiki User
∙ 16y ago
Wiki User
∙ 10y agoYes. This is usually done through a memorandum of understanding or a fiscal agent agreement.
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