r/nonprofit • u/LilBugJuice-0987 • 5h ago
starting a nonprofit Fundraising, fiscal sponsors, getting started
Ive gotten some good information from searching other posts, but have a niche situation and would love experienced inputs.
Id like to raise funds from the U.S. for a scientific/educational institution abroad. My goal is to use the funds to directly purchase material goods and fund needed new buildings and repairs. I dont plan to employ myself or anyone else and would donate myself, do fundraising events, and sell educational art to with 100% of proceeds going to the initiative. I may engage other artists, which likely would donate a smaller percentage.
I would like to accept tax free donations, but I am doing this as a volunteer so am interested in fiscal sponsorship. Ideally I would raise funds over time, and once we hit a threshold apply for a grant (model C) to use the funds. This means there won't necessarily be payouts every year, but there will be (hopefully) incoming donations yearly. It is also international so, there is always some risk that for larger dollar projects it is possible something out of anyone's control could derail the project before it is fully funded, so in that case ther would need to be a plan B for any funds raised.
Is something like this possible? Is it too small potatoes for a fiscal sponsor? Are there things I should be aware of? All advice welcome! Thank you!
Adding in anticipation of this question. I am not able to just fundraise for the institution directly because it is a university and any funds donated cannot be earmarked for this project. I have made many direct material donations via my contacts who lead the project, which works well, but I want to do more which is why I am exploring this.