In this interview with Kent Seton of Seton & Associates, listeners discover that Kent didn’t start out his law practice with the intention of representing non-profits. It was only after meeting a reverend from an inner-city organization that he saw how great the need was and that this was an opportunity for him to make a difference by improving the lives of others.
Seton & Associates works with a client base ranging from very small non-profits to large ones. Its clients are very diverse in their sectors of need they address: homelessness, food problem, medical research, child service organizations, museums, schools.
Rules and regulations can be very specific to charities or identical with for-profit corporations. For instance, the rules of employment are the same but there are differences in the rules and regulations for fundraising. Charities are subject to tax-exempt rules so taxing issues need to be understood thoroughly as they apply to the non-profit. States such as California have their own specific rules with respect to the fiduciary duties for the board members and officers.
If each chapter has its own 501c3, it can shield the national non-profit from liability.