What is fiscal sponsorship and why is BHL adopting it?

A fiscal sponsor is an organization that serves as a financial or administrative home for a group or project that does not have its own independent legal status. Establishing a fiscal sponsor is a key step in securing a stable administrative home by January 1, 2026. The fiscal sponsorship agreement is flexible, allowing BHL to pursue alternative hosting options for long term sustainability.

Fiscal sponsorship does not mean that the sponsor provides funding to BHL. Instead, the sponsor offers essential nonprofit infrastructure, such as financial administration, human resources and contracting services, so BHL can manage grants, receive tax-deductible donations, and employ staff. BHL remains responsible for securing its own funding. For more information, please see our Transition Updates.