Philanthropy
They are very realistic and have an integrity which has won them their reputation and means that they get listened to.
They are very realistic and have an integrity which has won them their reputation and means that they get listened to.
Our charity law team acts for many household names, spanning a range of sectors, such as the Royal National Lifeboat Institution, Save the Children and the National Trust as well as universities, Oxford and Cambridge colleges and schools. However, another significant part of our practice is devoted to advising individuals, families and companies on their charitable giving.
In addition to providing guidance on tax efficient gifts to charities, charitable projects and endowments, we are frequently asked to help establish not for profit companies and grant making charities to enable clients to put their philanthropic aims into practice.
Our specialist team is known for the breadth and depth of its charity and not-for profit experience and for being able to advise on all types of charitable giving. We work with clients to explore their charitable aspirations and to deliver effective solutions tailored to their needs such as the creation of bespoke donation agreements, planned programmes of giving or new grant making charities.
Recent areas of focus include advising on scholarship or endowment funds for educational institutions, naming rights for buildings or projects, sponsorship agreements for research projects, investment in not for profit start-ups and the establishment of corporate foundations. We are also engaged to set up family charities, advise on appropriate structures for gifts to international charities as well as supporting projects and overseas causes, deliver tax relief guidance on gifts of property or shares and assist with the day to day administration and support of grant making charities.
Our solicitors offer a prompt, straightforward, common sense approach and a detailed understanding of individuals’ charitable motivations and priorities. To ensure our service is fully integrated with client needs, we work closely with other legal practice areas across the firm including the private wealth, corporate and tax teams. We also liaise closely with family offices, wealth and financial advisers, investment managers and accountants.
Advising a donor on the wording of an agreement to establish a multi-million pound scholarship fund.
Providing guidance to a family on setting up a charity in memory of a relative. Our role included helping to define the charitable purposes and establishing a structure for governing the charity as well as ensuring compliance with best practice.
Acting for a donor as he prepared to make a substantial donation to a charity and identifying the best way to ensure that both the donor’s and the charity’s needs could be met.
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Penningtons Manches Cooper LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority under number 419867.
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