In this challenging fundraising environment and at a time when the work and services of nonprofit organizations are in greater demand, successful, innovative nonprofits are partnering with for-profits and creating for-profit structures to generate revenue to further their missions. The leaders of some organizations have dubbed themselves “social entrepreneurs” to describe their innovative approaches and business-like solutions to pressing problems. These entrepreneurs are utilizing both nonprofit and for-profit structures in a variety of models to more effectively fund their mission-driven work. Are you curious if your organization could generate supplemental or significant revenue through a joint-venture with a for-profit or in the creation and management of a new for-profit entity? Or, perhaps you would like to learn about the new legal structures – benefit corporations, flexible purpose corporations, and others – that you have heard about recently.

Our experienced panelists will discuss innovative for-profit revenue models available to nonprofits pursuing all types of missions. Of key importance to nonprofits when structuring these revenue-generating activities housed in for-profit structures and partnerships is to do so in a manner that will limit the nonprofit’s tax liabilities and protect its tax-exempt status. Unwary nonprofits may run afoul of federal tax prohibitions on commerciality and private benefit, which may jeopardize their tax-exempt status or result in liability for unrelated business income taxes.

In this timely and practical seminar, panelists will share their experiences from real-life case studies and discuss innovative developments in the field. Attendees from nonprofits at any stage of the lifecycle, from startup to sophisticated organizations, are encouraged to attend and share their questions and experiences.

As a CAE Approved Provider educational program related to the CAE exam content outline, this program may be applied for 2.5 credits toward your CAE application or renewal professional development requirements.

Tuesday, April 14, 2015:
12:00 p.m. – 2:00 p.m. ET – Networking Luncheon and Program
12:30 p.m. – 2:00 p.m. ET – Webinar

Venable LLP
575 7th Street, NW
Washington, DC 20004

To RSVP for either the luncheon and program or the webinar, please click here. To decline, please click here.

Click here to view the event summary and speaker biographies.

Moderator:
Jeffrey S. Tenenbaum, Esq., Partner and Chair of the Nonprofit Organizations Practice, Venable LLP

Speakers:
Carrie Garber Siegrist, Esq., Associate, Venable LLP
Andrew Schulz, Esq., General Counsel, Arabella Advisors

Please click here to view recordings of Venable’s previous nonprofit webinars on our YouTube channel.
 
Subscribe to receive news and information from Venable’s Nonprofit Organizations Practice.

If you have any questions, please contact Andrea Hickman at AJHickman@Venable.com or 202.344.4581.

Venable LLP is a CAE Approved Provider. This program meets the requirements for fulfilling the professional development requirements to earn or maintain the Certified Association Executive credential. Every program we offer that qualifies for CAE credit will clearly identify the number of CAE credits granted for full, live participation, and we will maintain records of your participation in accordance with CAE policies. For more information about the CAE credential or Approved Provider program, please visit www.whatiscae.org.

Note: This program is not endorsed, accredited, or affiliated with ASAE or the CAE Program. Applicants may use any program that meets eligibility requirements in the specific timeframe towards the exam application or renewal. There are no specific individual courses required as part of the applications—selection of eligible education is up to the applicant based on his/her needs.

© 2015 Venable LLP. This invitation is published by the law firm Venable LLP. It is not intended to provide legal advice or opinion. Such advice may only be given when related to specific fact situations that Venable has accepted an engagement as counsel to address. ATTORNEY ADVERTISING.