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Is it Possible to Add a Charity as a Venture Partner and Are There Legal/Tax Issues?

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May 03, 2023
Does anyone know if it’s possible to add a charity as a Venture Partner? Are there any legal/tax issues (I can’t think of any off the top of my head)?
2 answers
May 03, 2023
Watch out for potential conflicts of interest. If there are some, either mange them via an agreement or don’t proceed.
Accepted Answer
Jul 31, 2023
Potentially, however you will need to be careful of potential conflicts of interest. These may need to be managed via an additional agreement - otherwise it may not be a good idea to proceed. 

If the charity provides separate additional legal agreements, we would strongly recommend having an expert fund attorney review before signing anything. There may be implications for your Fund (or for tax purposes) that may arise. 

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