|
|
|
Sponsoring
is nowadays of significant importance for nonprofit organizations.
Many nonprofit organizations from the varies parts of the third
sector have already built up strong partnerships with companies
and use the means of sponsoring as a new financing tool in addition
to collecting donations and membership fees.
Supported by our cooperating partners, we aim at accomplishing
two goals with our work: First, the sponsors' money must provide
the individual charitable organization with all necessary means
to conduct a successful business, and secondly, the individual
sponsor's financial burden should be relieved as best as possible,
so that, at the end of the sponsoring process, the individual
sponsor will be relieved at least in part from his financial
obligations. When both goals are met, charitable organizations
are able to further strengthen their already existing partnerships
with sponsors; also, charitable organizations will find it a
lot easier to attract new sponsors for their goals in the future.
"Corporate trading", as this innovative sponsoring model in
the third sector is generally called in the US, has found its
way from the US to the German sponsoring market. We, as a law
firm, dedicate our work especially to those nonprofit organizations
and entrepreneurs who receive one-off or periodic payments from
an individual sponsor above the sum of 250,000 EUR.
|
Independent
Counsel
