Charities and not-for-profit organisations now operate in an environment where they’re competing against their for-profit counterparts. Consumers come armed with more knowledge than ever and with the expectation that their investment will produce quantifiable results.
With the evaporation of big block funding and hyper-competition for government-allocated vouchers, not-for-profits are exploring options to become more sustainable, whilst building on their existing offerings to the community.
That means there’s a drive for consolidation through mergers and acquisitions, strategic partnerships, income generation innovation and enhanced governance. The complexities of these operating models means our not-for-profit clients demand a more commercial approach to legal advice.
A diverse client range
The Maddocks Not-for-profit practice advises a wide range of clients in the sector, including:
- cultural organisations
- disability services
- education services
- environmental organisations
- health and allied health services
- medical research organisations
- overseas aid organisations
- private clients and philanthropic organisations
- professional associations
- social and community services
- social housing organisations
- sporting bodies.
Our team comes together to deliver services in:
- asset protection
- charity law – including establishment of charities, charity tax concessions and endorsements; training in trustee duties; cy-près applications
- due diligence
- employment law
- government inquiries, investigations, complaints, inquests
- governance, including drafting and reviewing constitutions, charters, training
- intellectual property protection including trade marks
- philanthropy and bequests
- property and leasing
- structuring, mergers, social enterprise
- transmission of business.
The right approach
The evolving market means that success in this space is defined by strong governance and risk management, highly developed systems and structures including robust brand strategy, appropriate levels of transparency and heightened stakeholder engagement.
We can assist you to maximise the benefits associated with mergers and acquisitions, manage risk and help you to understand the new ways in which services are now assessed. We can also evaluate your organisation and provide guidance to secure your future interests.
By calling on our professionals, you can expect:
- empathy for the legal issues, operating environment, and drivers that frame your business
- advice that considers the context in which you work
- assistance upstream so that you arrive at an improved model
- we’ll listen and test assumptions
- a project plan, yet the agility to predict and respond to changes in the pathway.
Led by Consultant Miriam McDonald, our team will be at hand at any stage of the business process. You’ll feel informed, secure and prepared to counter the challenges that come with such a changing industry.
We regularly host information sharing/learning events focused on the charities and not-for-profit sector. If you would like to know more, click here.
With us, you can concentrate on what you do best – serving your communities.