RUF can act as a fiscal sponsor of your project or nonprofit organization, either in the diaspora or in Romania. The article below outlines what a "fiscal sponsor" is, and how it works.
A fiscal sponsor serves as an intermediary for a project or organization that is not a recognized nonprofit but seeks to conduct activities aligned with charitable purposes. The fiscal sponsor is typically an established 501(c)(3) organization (in the U.S.) that agrees to take a project under its wing. This allows the project to benefit from the sponsor’s tax-exempt status and the ability to receive tax-deductible donations, grants, and other funding sources.
A fiscal sponsor serves as an intermediary for a project or organization that is not a recognized nonprofit but seeks to conduct activities aligned with charitable purposes. The fiscal sponsor is typically an established 501(c)(3) organization (in the U.S.) that agrees to take a project under its wing. This allows the project to benefit from the sponsor’s tax-exempt status and the ability to receive tax-deductible donations, grants, and other funding sources.
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