Nonprofit groups may consider merging with another entity for a variety of reasons. Often there is a desire to pool resources to reduce competition, increase efficiencies and economies of scale through cost reductions, enhance performance capacity by sharing expertise and improving service, gaining greater support from the community and funders, and improving staff pay and benefits. However, despite their advantages, mergers also pose a number of risks to nonprofits.
Please join John Bradley for a webinar that looks at what mergers are, the factors to review prior to entering into a merger, and the steps to take to complete a merger. We also will look at other restructuring options including consolidations, joint ventures and affiliation agreements, and how to select the option best for your organization’s situation.
WHAT YOU’LL LEARN
Just a sampling of what this webinar will cover:
- Understanding what a merger is and when it is beneficial
- Review a checklist of items to consider when negotiating a merger
- Look at other restructuring options including consolidations, dissolutions, parent-subsidiary, joint venture and affiliation agreements
- Understand the key steps required to complete a merger
YOUR CONFERENCE LEADER
Your conference leader for “Nonprofit Mergers: Steps to Take and Legal Risks to Consider” is John Bradley. John is an attorney in the West Columbia, South Carolina office of Moore Taylor Law Firm, P.A. In his 25 plus years of practice has involved numerous areas of law including appellate practice in state and federal courts, construction law, commercial liability, and products liability. His present practice primarily focuses on representing physicians, hospitals and medical care providers in the defense of professional negligence claims as well as representing and advising educators in employment matters before their local school boards and the State Department of Education.
John has long been active in nonprofits at the local and state level. He is a former president and current vice president and volunteer of the Friends of the Richland Library, a nationally recognized library system. He presently serves as a member of the Richland Friends Book Sale Committee, a group that raises money for the Friends through quarterly book sales, put on entirely through volunteer effort. As president of the Richland Library Friends he served as a member of the Richland Library Foundation Board. He is immediate past president and current board member of the Friends of South Carolina Libraries, an organization made up of library friends groups throughout the state of South Carolina. His duties and responsibilities as president included working and consulting with local Friends groups as well as with individuals interested in forming friends groups.
An avid runner, John presently serves on the board for the Carolina Marathon Association, an organization that puts on two showcase running events in Columbia, the Governor’s Cup Road Race and the Heart and Sole race. He has served as race director and course manager for several other local road races.