Can a sponsored organization within a town develop its own 501c3, even if the Town has a 501c3?

If a community based organization is sponsored by a town. The Town has a 501c3 entitled "Friends of.." Can an organization within the town develop its own 501c3 and still stay sponsored by that Town. (In other words, choosing not to be under the umbrella of the Town's 501c3. But, staying with them... show more If a community based organization is sponsored by a town. The Town has a 501c3 entitled "Friends of.."

Can an organization within the town develop its own 501c3 and still stay sponsored by that Town. (In other words, choosing not to be under the umbrella of the Town's 501c3. But, staying with them as a sponsor).
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