"What's a fiscal sponsorship?" you ask. "What does it mean when a project is fiscally sponsored by NumFOCUS?" http://www.numfocus.org/information-on-fiscal-sponsorship.html … 1/
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In contrast, NumFOCUS admin fee is only 10%. That $ covers the cost of handling all taxes, financials, and legal matters for the project. 9/
In addition to providing fiscal sponsorship as a service to our projects, NumFOCUS *also* works to find funding and $ for them. 10/
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This is often what confuses people—they think fiscal sponsorship means we already have money to give to the projects. That's incorrect. 11/
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When you donate to a particular project via NumFOCUS, that money goes straight to the project's bank account, minus the 10% fee. 12/
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