entity.  Generally, a project would either find another fiscal sponsor or

form their own independent tax-exempt non-profit.</p>

<p>We fully expect that some Conservancy projects will ultimately wish to

  form their own non-profit 501(c)(3) organizations; that's why we design

  our agreements with projects to allow them to leave to another 501(c)(3)

  organization.  Typically, projects join Conservancy because the project

  leaders don't want the burdens of running a non-profit themselves.

  Often, as projects grow, leaders get interested in the non-profit

  management and organizational side of the activities and are then

  prepared to take on the additional work themselves.</p>

<p>How leaders are chosen for projects varies greatly from project to

  project.  Our goal is to do our best to embody the “natural”

  leadership structure that evolved in your project into the formal

  agreement with Conservancy.  As part of the agreement drafting, we work

  carefully with you to understand your project's governance and write up

  formally with you the decision-making process you use. Most project

  contributors find this process of formalizing the leadership structure

  helps them clarify in their own minds the governance of their project,

  even though the process can be difficult.  Since it can be a complicated

  process, we suggest that you prepare your project community for this

  discussion once your project is accepted.</p>