Fiscal Sponsor definition

Fiscal Sponsor means a tax-exempt, non-profit corporation that has agreed or is otherwise responsible for the receipt and disbursement of funds on behalf of the Organization. “Losses” means all losses, liabilities, damages and claims, and all related costs and expenses (including reasonable legal fees and disbursements and costs of investigation, litigation, settlement, judgment, interest and penalties).

Fiscal Sponsor means PBC and any person or persons (including partnerships, corporations, municipal corporations, or other public entities) that may succeed PBC and assume, as the Fiscal Sponsor, all of PBC’s obligations pursuant to Part II of Ordinance No. 39, Ordinance No. 109, the Fiscal Sponsorship Agreement, and any amendments thereof, which person or persons shall be obligated, and liable for, and capable of paying the Capital Costs and Net Operating Deficiencies of the Project.

Fiscal Sponsor. MEANS A TAX-EXEMPT CHARITABLE OR SOCIAL WELFARE ORGANIZATION OPERATING UNDER SECTION 501 (c)(3) OF THE FEDERAL "INTERNAL REVENUE CODE OF 1986", AS AMENDED, THAT:

Examples of Fiscal Sponsor in a sentence

• Each Fiscal Sponsor is required to include the ‘Project ID’ as part of each Grants Gateway application.

• Completing a sponsored application for new NYSCA support is a five step process: Step 1: The Fiscal Sponsor registers each sponsored request on the NYSCA website.

• A Fiscal Sponsor is a New York State nonprofit organization that applies to NYSCA on behalf of individual artists or unincorporated arts organizations or groups.

• Step 5: Fiscal Sponsor completes and submits one Grants Gateway application for each sponsored request.

• To successfully register a request fiscal sponsors must, in this order:  Complete the Organization Information Complete the Organization Budget Complete the Registration Form Step 2: The Fiscal Sponsor sends the Sponsored Request Form to the Sponsored Entity to complete and return.

More Definitions of Fiscal Sponsor

Fiscal Sponsor means an organization that provides fiduciary oversight, financial management, legal status, and other administrative services to a secondary organization.

Fiscal Sponsor means a cultural organization that receives proceeds and

Fiscal Sponsor means a community-based cultural organization that receives program moneys and contracts with a sponsored community-based cultural entity pursuant to the terms and conditions of this ordinance and guidelines developed by the program.

Fiscal Sponsor means PBC and any person or persons (including partnerships, corporations, municipal corporations, or other public entities) that may succeed PBC and assume, as the Fiscal Sponsor, all of PBC’s obligations pursuant to the Fiscal Sponsorship Agreement and the Supplemental Financing Agreement.

Fiscal Sponsor means a tax-exempt, non-profit corporation that has agreed or is otherwise responsible for the receipt and disbursement of funds on behalf of the Organization.

Fiscal Sponsor means the person who is responsible for the custody, accounting, and distribution of donations. The fiscal sponsor may not be an individual employed by the sponsoring agency.

Fiscal Sponsor means the Sausalito Arts Festival Foundation, a California public benefit corporation (“Fiscal Sponsor”). The Fiscal Sponsor shall act as the non-profit recipient of all donations received by Tenant during the period commencing on the Effective Date and ending on the date Tenant is granted 501(c)3 status under the United States Internal Revenue Code. The Parties recognize this may take over one (1) year to accomplish. The Fiscal Sponsor shall provide evidence to Landlord that it is legally permitted to act as such prior to the Effective Date. Within ten (10) days of the date that Tenant is granted 501(c)3 status under the United States Internal Revenue Code, Tenant shall notify Landlord, and: (i) Tenant assume responsibility for accepting all donations; and (ii) Fiscal Sponsor shall transfer the entire balance of donations to Tenant.