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Resources for Nonprofit Directors

Inside Successful Corporate Sponsorships! [Video]

An excellent primer for nonprofits, underscoring the shift towards partnership-focused relationships between nonprofits and corporate sponsors. Heather Nelson, President and Lead Consultant at BridgeRaise.com, shares insights on successful corporate sponsorship strategies. She emphasizes the importance of building value-aligned and relationship-based partnerships with corporate sponsors. Nelson highlights the shift from purely transactional sponsorships to more purpose-led partnerships. While marketing elements still play a role, companies are increasingly focused on making a joint impact with nonprofits and engaging employees. She encourages nonprofits to ask questions and understand what sponsors are looking for, as it can vary from company to company. The conversation also delves into the significance of long-term sponsorships and the challenges of budget uncertainties, suggesting setting up multi-year agreements with a base commitment and adding on additional elements annually. The key is to establish a strong relationship and align business goals to make multi-year partnerships more appealing to companies. The …

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Charities webinar – Contract exposure: managing risks in legally binding agreements [Video]
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Resources for Nonprofit Directors

Charities webinar - Contract exposure: managing risks in legally binding agreements [Video]

On Wednesday 11 May, Edward Bouckley delivered the next webinar in our charities bite size series. In the webinar Edward looked at some of the key aspects of managing risk when entering into commercial contracts. He discussed:• What risk management is.• What risk is and why properly managing it is so important to charities.• Some of the ways risks can be managed in contacts.Edward also looked at some of the steps that you can take to better protect your charity when entering into contractual arrangements.Here are the timestamps to help guide you through this webinar:0:52 Birketts at a glance1:18 What we will cover today2:09 What is risk management?3:07 What is risk and why is it important?3:59 Contractual risk5:58 Identifying risk10:05 Written contracts11:34 Assessing Risk13:10 The danger of "pre-contractual" agreements14:27 A cautionary tale16:21 Rights and obligations17:51 Risk - allocating and controlling18:48 Transferring risk: indemnities20:00 Controlling risk: limitation of liability21:29 Practical tips23:18 QuestionsThe webinar ended with a Q&A. Disclaimer: The content of this webinar is for general information only. It is not, and should not be taken as, legal advice. If you require any further information in relation to this webinar please contact us in the first instance. Law covered as at May 2022. Meet our expert, Edward Bouckley: https://www.birketts.co.uk/our-lawyers/norwich/edward-bouckleyContact us at: https://www.birketts.co.uk/contact-usSign up to future webinars: https://www.birketts.co.uk/events​​​​ To ensure that you are invited to future webinars and receive our newsletters please opt in to our mailing lists and select the appropriate areas of interest. https://www.birketts.co.uk/register