CLIENT SPOTLIGHT: Factory Five Racing

Factory Five Racing was founded in 1995. Over the years they have grown from a start-up business in a small garage to become the world's largest manufacturer of "build-it-yourself" component car kits. They employ a full-time crew of about 40 people, and are located in Wareham, Massachusetts (about an hour south of Boston). They make their products right here in the USA, in the heart of New England where American manufacturing was born.
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Fred and Danny Magnanimi grew up watching their father create beautiful, handcrafted jewelry in the family's Cranston, RI jewelry manufacturing business. When the boys grew up, Fred moved to New York and began working on Wall Street as an investment banker, while younger brother Danny, still enamored by the family business, stayed home. Increased competition from overseas businesses created significant challenges for the business, but Danny was confident he could find a way for the family business to evolve and thrive. This was his mission, this was his passion.
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        Best Practices For Board Governance: Cautionary Tales For Nonprofits

        PS&H attorney, Elizabeth O. Manchester presents Best Practices For Board Governance: Cautionary Tales For Nonprofits during the Rhode Island Bar Association 2019 Annual Meeting.

        There have been several national stories that have resulted in formerly highly respected nonprofits being accused of abuse in the wake of the #MeToo movement and other misconduct, causing executives to leave organizations and funders to think twice about supporting these organizations. Whether you are serving on a board, advising clients who are board members or funders or represent charities, it is critical to understand the basics of board governance to protect yourself and your clients from legal and reputational risks. The panelists cover some of these cautionary tales and provide insight into minimizing risk. 

        Joining Liz for the presentation are Katherine Kishfy, Esq, Hinckley Allen and Rebecca E. Dupras, Esq., Orson & Brusini, Ltd..

        Click to view the Rhode Island Bar Association 2019 Annual Meeting full schedule. For more information and to register online, click here.