This was recorded at the 2019 Social Enterprise Law Seminar.
Speaker: Gene Takagi, Principal, NEO Law Group
This session on nonprofit law will cover affiliations between nonprofits and for-profits and include contractual relationships, parent-subsidiary structures, commercial coventures, and joint ventures. We'll explore how and why nonprofits create for-profits to engage in commercial activities and contrast that with running those activities within the nonprofits themselves. We'll also discuss how and why for-profits create nonprofits and where the resulting relationships go right and wrong. One alternative to creating a nonprofit is to create a fiscally sponsored project within an existing charity. This alternative is often poorly understood, so we'll spend some time reviewing how fiscal sponsorship can work. Finally, we will provide a high level overview of joint ventures and other forms of informal and formal relationships between nonprofits and for-profits, giving the attendee an idea of the range of possibilities.
Please click here for this CLE's handout.
If you need participatory MCLE credit for this video, you must complete this quiz while you watch the video.
Questions? E-mail [email protected].
