Categories Diversity & Inclusion Charity Matters: Episode #2 - Alternatives to setting up a charity

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  • CMS UK
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  • uploaded September 27, 2021

Often, prospective incorporators have not considered whether setting up a charity is actually the most appropriate way to achieve their objectives. Episode 2 concentrates on the benefits and detriments of using a charity instead of other “not-for-profit” legal structures. The alternatives to incorporating a charity that we look at are community interest companies (or CICs), not for profit companies limited by guarantee (or CLGs), and the option of donating to an already existing charity. After describing each of them, we then discuss the pros & cons of incorporating a charity rather than using one of these alternatives.

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