Transparency & Compliance
We believe donors deserve complete clarity about how their contributions are handled. This page explains our structure, governance, and commitment to accountability.
Fiscal Sponsorship
ClearQuarter operates under a fiscal sponsorship arrangement with a qualified 501(c)(3) organization. This means:
- Tax-Deductible Donations: All contributions made through our platform are tax-deductible as allowed by law.
- Professional Oversight: An established charitable organization provides financial management and legal compliance.
- Proper Governance: The fiscal sponsor maintains appropriate board oversight and regulatory compliance.
Our Fiscal Sponsor: [Fiscal Sponsor Name]
EIN: [XX-XXXXXXX]
View on GuideStar
Variance Power
Under IRS guidelines for fiscal sponsorship, our fiscal sponsor maintains "variance power" over all donations. This is a legal requirement that ensures:
- Donations qualify as tax-deductible charitable contributions
- The fiscal sponsor can allocate funds where they will have the greatest impact
- Proper charitable purpose is maintained regardless of donor preferences
Our Role & Limitations
ClearQuarter is an information and reporting platform. We provide transparency and connection, not financial services.
- Curate cause-based portfolios
- Publish quarterly impact reports
- Provide nonprofit partner information
- Facilitate connection to fiscal sponsor
- Maintain audit trails
- ✕Process or hold donations
- ✕Make grant allocation decisions
- ✕Allow donor-directed grants
- ✕Operate as a DAF or marketplace
- ✕Charge fees on donations
Quarterly Reporting
Every quarter, we publish comprehensive impact reports for each portfolio. These reports include:
- Aggregated impact metrics from nonprofit partners
- Narrative summaries of activities and outcomes
- Financial summaries (via fiscal sponsor)
- Stories and highlights from the field
Reports are prepared based on data submitted by nonprofit partners and reviewed by our team before publication. The fiscal sponsor provides financial data for inclusion.
Questions About Our Structure?
We're committed to answering any questions about how ClearQuarter operates. Transparency is our foundation.