SIIMDA Soul Care’s Charitable Status

Pathways Retreat, a spiritual retreat center for rest, reflection, and renewal is a nonprofit organization that serves as a fiscal sponsor for SIIMDA Soul Care, a spiritual healing and wellness provider. This relationship allows SIIMDA Soul Care to receive charitable contributions and apply for grants.

Formation of the Relationship

  1. Identification of Mutual Goals: Both organizations identified a shared mission in promoting spiritual care and well-being. Pathways Retreat recognized that supporting SIIMDA Soul Care will enable them reach a broader audience with their services.

  2. Formal Agreement: They entered into a fiscal sponsorship agreement, outlining the responsibilities and expectations. This legal contract requires SIIMDA Soul Care to operate under the auspices of Pathways Retreat, ensuring compliance with nonprofit regulations.

Benefits for SIIMDA Soul Care

  • Nonprofit Status: Through fiscal sponsorship, SIIMDA Soul Care benefits from Pathways Retreat’s tax-exempt status, allowing them to solicit and receive tax-deductible donations.

  • Grant Eligibility: Many grants are only available to recognized 501(c)(3) organizations. This partnership opens up opportunities for SIIMDA Soul Care to apply for such funding.

  • Operational Support: Pathways Retreat may provide administrative support, such as, registrations for events (i.e. retreats).

Responsibilities

  • Compliance and Reporting: SIIMDA Soul Care will adhere to Pathways Retreat’s policies and procedures, ensuring that all activities and fund usage align with nonprofit regulations and the fiscal sponsor's mission.

  • Transparency: Regular reporting on financial and programmatic activities is required to maintain accountability and transparency.

Conclusion

The fiscal sponsorship between Pathways Retreat and SIIMDA Soul Care exemplifies a collaborative approach to achieving shared spiritual and community service goals. This relationship enables SIIMDA Soul Care to leverage Pathways Retreat’s established nonprofit framework, enhancing their capacity to receive charitable contributions and expand their impact.

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