Corporate Structures for Charities & Not for Profits

Introduction

Charities and not for profits are leading the response to local, national and global issues but most are unincorporated, and it can come as a nasty surprise to those running such organisations that there is no protection from personal liability.

In these times of increasing scrutiny, record levels of need for services and added risk for the sector, should charities, clubs, voluntary groups and not for profits seek the protection of incorporation?

This virtual classroom seminar explores the different types of corporate structures available to your charity and not for profit clients allowing you to advise them how best to meet their purpose while protecting their personal position.

You will also learn how to incorporate an existing charity and transfer its assets and liabilities.

What You Will Learn

This virtual classroom seminar will cover the following:

• What are the differences between incorporation and non-incorporation?
• Types of unincorporated structures
• Trusts
• Unincorporated associations
• Community benefit societies
• Statutory powers for unincorporated trustees
• Incorporation of charity trustees
• Trust corporations
• Types of incorporated structure
• Companies limited by guarantee
• Companies limited by shares
• Community interest companies CIC
• Charitable incorporated organisations CIO
• Royal charter
• The benefits and burdens of incorporation including regulation, financial accounting and the tax position
• Types of constitutions and the role of members
• The costs of incorporation
• Advising a new organisation on what structure is best for them
• Advising an existing organisation on transferring to an incorporated status
• The part played by of trustee indemnity insurance in protecting trustees
• The role of the adviser

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.