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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CLIENT SPOTLIGHT: Luca + Danni

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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        Charitable & Nonprofit Organizations

        Charitable Registrations

        As fundraising for nonprofit organizations increasingly becomes digitally based, entities should take steps to review regulatory requirements in all states.

        States regulate fundraising, whether conducted in person, online or through social media. Charities should review registrations requirements related to:

        • Charities that fundraise
        • Professionals or advisors that fundraise on behalf of charities
        • Regulations pertaining to business or charities that sell products or services, with the intention of donating to charity, known as cause related marketing or commercial co-ventures.
        Digital fundraising presents several issues for charity, including:

        1. Substantiation digitally
        2. Donor privacy issues
        3. Charity consent and protection issues
        All but nine states require various registrations, including Rhode Island and Massachusetts. Initial registrations are required, depending on the activity, with annual reporting subsequent to the registration.

        Depending on your activity, the team at Partridge Snow & Hahn LLP will best advise as to registration requirements, to protect charitable assets, prevent fines and to allow you to do what you do best: executing your mission.

        Partridge Snow & Hahn’s Charitable & Nonprofit Organizations Blog provides practical legal guidance for charitable and nonprofit organizations. If you are interested in receiving these updates via email, please submit the form below: