Charities
Franklins have been fortunate in gaining experience working with established charities and additionally with individuals who have ventured to establish their own charitable organisations.
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Franklins have been fortunate in gaining experience working with established charities and additionally with individuals who have ventured to establish their own charitable organisations.
The advice of a solicitor can have many advantages for a charity, providing guidance on objectives, evaluating potential risks and identifying opportunities in terms of subsidies and exemptions that are available with certain statuses.
Forming a charity does have similarities in setting up a business in that there are certain considerations that are very similar such as operational planning, strategy and financial requirements. However there are also many differences and the process for achieving registered charity status relies on a different process of registration, one that makes different demands of the applicant and will examine the objectives of the operation to determine whether the organisation can be registered as a charitable organisation by law. This is an area where Franklins can offer a full service from advice about an application through to completion.
Becoming a Trustee of a charity comes with its own set of responsibilities and Franklins are well placed to provide practical advice and support to an individual who is considering taking up this mantle. Just as with a senior post in a commercial operation, there are potential liabilities associated with supporting a charitable organisation and identifying the exact duties and risks is an area where professional advice can be valuable.
If you have any questions about specific industries law, please don’t hesitate to contact our team of experts who are on hand and ready to help you.