Frequently Asked Questions

Question:

What if my organization has not yet received its exempt status? What if we are a small group with no plans to apply for tax-exemption?

Answer:

Because the Foundation can make grants only to 501(c)(3) nonprofit organizations, government entities and faith-based groups, you may request another tax-exempt organization to act as your fiscal sponsor. If a grant is recommended to your organization, the Foundation will make the grant to your fiscal sponsor who will then pass the funds to your group. Your fiscal sponsor would be responsible for all reporting, agreements and use of funds. Contact the NC Center for Nonprofits for more information on fiscal sponsorship.