Executive Briefing (Sydney): Social Enterprises and Commercial Activities

Executive Briefing (Sydney)

Further Information

AuSAE Executive Briefing events provide an exclusive environment for motivated association executives to gain insights and advice from other industry professionals. Executive Briefing events enables members to raise and discuss critical issues affecting industry and network with other professionals from the not-for-profit sector.

The Topic

A common misconception within the not-for-profit (NFP) sector is that a NFP cannot undertake a commercial venture, lest it be seen to be operating outside of its objects. Not only is this a misunderstanding of the law, but it also means that many NFPs are missing out on opportunities to become more financially viable and to protect their future sustainability.

Today, we are seeing increased attention being placed on social enterprises to drive social change and promote innovation in the NFP sector. This presentation aims to provide NFPs with an understanding of the various legal structures available to social enterprises, as well as alternative ways of undertaking commercial activities within the existing legal structure of the NFP. The presentation will also explore the challenges and risks that arise for social enterprises and NFPs undertaking commercial activities. 

Vera Visevic, Partner, Mills Oakley

Vera Visevic is a Partner and head of the Charity and Not-for-Profit team at national law firm, Mills Oakley Lawyers. 

Mills Oakley has a genuine understanding of the not-for-profit sector and the increasingly complex legislative issues surrounding not-for-profits. Its dedicated team provides education, advice and specialist legal counsel to some of Australia’s leading not-for-profit organisations including charities, religious organisations, community groups and professional associations. Vera and her team expertly guide clients through the specific legal challenges facing their sector with simple, easy-to-understand language (not legal jargon) and a no-nonsense approach. The team at Mills Oakley are one of only a few specialised legal firms in Australia with the experience and know-how to provide advice and assistance to not-for-profits looking to undertake commercial activities. Their expertise in the not-for-profit field means they have first-hand knowledge of current issues affecting the sector and upcoming changes that may impact your organisation.