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Non-profit alliances and joint ventures

by Practical Law Corporate & Securities

Non-profit alliances and joint ventures

by Practical Law Corporate & Securities

This Practice Note summarizes key considerations for a non-profit charitable organization establishing an alliance or joint venture with another non-profit or for-profit entity. This Note discusses the potential risks, benefits, and challenges of entering an alliance or joint venture, including protecting the non-profit's tax-exempt status, conducting due diligence of the other party, evaluating the non-profit's goals and resources, managing conflicts of interest, and documenting the alliance or joint venture.

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