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Fiscal Sponsorship is important for the financing of your film. This is a way for artists to apply for funding through a Company that has a 501 (c ) (3) nonprofit status. Getting the right fiscal sponsor can help you manage your project efficiently and help you raise more money for your film.
The Roy W. Dean grant has been working with filmmakers since it's inception in 1992. During that time we have given grants for over $2,000,000.00 in goods and services. Each year we review hundreds of applications and we know what judges look for in grants. We can help you with advice on improving your proposal and help you outline your needs so that you can create the best trailer possible for your film.
Here are the advantages of working with From the Heart Productions:
- We have been giving grants and working with filmmakers since 1992 and have an excellent standing in the community.
- We know what grantors want and can advise you how to create your proposals and submit materials.
- We are interested in helping you raise the funds you need to make your film and are available to review your documents before submission.
- Our mission is to help fund films that are unique and make a contribution to society and this work fits our mission.
- You can sell items on E Bay through From the Heart.
- We will list your film on our Facebook page for fiscally sponsored films to give your more promotion. See www.facebook.com/fromtheheartgrants
- We have 3 screenings a year of trailers and you can come free or for a small fee you can show your trailer and get advice from Bill Woolery, editor and donor to the grants.
Here is a list of our services:
Free entrance, there is no charge to apply.
Normally you are accepted in less than 10 days.
Free individual consultation.
Free review of your materials prior to submission to grants.
Free phone calls for information.
Your funds are available 10 days from receipt. We do not hold your money.
Your fee is 5% for checks and 6% for credit cards.
All Fiscally sponsored filmmakers get 15% off all our events & all products.
To apply, send your current outline or proposal to
Caroleedean@att.net for review stating you are interested in FTH becoming your fiscal sponsor. We will email you an application form and set an appointment time to discuss your film and explain how we can work together.
Frequently asked questions:
Why do I need a Fiscal Sponsor?
Most foundations and corporate funders restrict donations to organizations with a non-profit status, companies with a 501 (c ) (3). Individuals benefit by donating to a non-profit company because they get a tax deduction. By individuals donating to an established organization they are relieved of the concern of the funds being properly managed because accounting and infrastructures are available.
What does a 501 (c ) (3) mean?
It is the tax designation given to non-profit organizations at the Federal level.
What is the difference between corporate sponsorship and Fiscal sponsorship?
Corporate support usually consists of goods or money given directly to the project. Often the Corporation expects something in return for this donation, like advertising or the use of the project for publicity purposes.
Fiscal sponsorship allows artists to gain access to funding opportunities that are only available to 501 (c ) (3) tax-exempt organizations.
Does FTH's fiscal sponsorship provide direct funding?
No, this only allows you to apply for grants that require a non-profit status. You can apply for the Dean grants and you will find all that information separate on the web site. FTH being your fiscal sponsor will not keep you from entering the Dean grants.
Does fiscal sponsorship allow the project to be absolved from tax reporting?
No, projects that raise funds through FTH are responsible to report all the income to the federal government and pay taxes accordingly. Funds received through a fiscal sponsorship are considered income and are potentially subject to taxes.
All payments made to individuals must be reported by FTH to the IRS on a 1099 form. Payments made to Corporations will not be reported on a 1099 form.
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