Fiscal sponsorship status and information

Basics

Recap Time Squad is a fiscally sponsored (Wikipedia page) open-source organization, alongside its projects such as Community Lorebooks, by The Hack Foundation (d.b.a Hack Club), a US 501(c)(3) non-profit with EIN 81-2908499.

Why fiscal sponsorship instead of forming a non-profit legal entity?

We opt for the fiscal sponsorship route so that we can focus more on building and maintaining great open-source projects and initiatives rather than doing legal paperwork, in exchange for having financial oversight over our operations under the terms of fiscal sponsorship.

The legal documents

We don't typically provide anyone a copy of the signed agreement itself or bank account verification letter for privacy concerns (i.e., the mailing address itself of the primary organization contact on our side (aka Andrei Jiroh Halili)) unless otherwise requested in written form via email. We can point you to the fiscal sponsorship agreement template that the HCB Operations team uses as part of their onboarding flow for new organizations.

• Confirmation letters

• The fiscal sponsorship agreement terms as of TBD