Fiscal Sponsorship
The Cheltenham Township Community Development Corporation is able to assist other entities and unincorporated groups to raise money for projects within Cheltenham Township that are in line with the CTCDC’s mission of promoting economic development and improving quality of life.
Under the correct circumstances, the CTCDC can serve as the recipient of funds (either through grants or private donations) on a tax exempt basis where the sponsored group or organization might not otherwise be able to do so.
In our role as fiscal sponsor, the CTCDC provides necessary insurance, accounting and banking services, and oversees the use of the donated funds to implement the designated program. The CTCDC will charge a fee (payable out of donated funds) in order to cover the costs of administration and overhead.
Under the correct circumstances, the CTCDC can serve as the recipient of funds (either through grants or private donations) on a tax exempt basis where the sponsored group or organization might not otherwise be able to do so.
In our role as fiscal sponsor, the CTCDC provides necessary insurance, accounting and banking services, and oversees the use of the donated funds to implement the designated program. The CTCDC will charge a fee (payable out of donated funds) in order to cover the costs of administration and overhead.
Business and development
resources
The Cheltenham Township Community Development Corporation can provide other business and development resources and assistance on a project by project basis. Please contact us to find out more about how we can help you do business in Cheltenham Township.