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30 June 2023 / Elizabeth Jones , Emma James , Sarah Gill
Issue: 8031 / Categories: Features
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Laying the foundations

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When is a corporate foundation right for your business, & when might alternatives be more suitable? Elizabeth Jones, Emma James & Sarah Gill set out the benefits & challenges
  • Corporate foundations are increasingly popular vehicles for businesses to support their ESG commitments.
  • Foundations require careful structuring and planning to ensure they comply with complex regulatory and legal requirements.
  • Before committing to a foundation, businesses should consider whether alternatives might offer comparable benefits but with a lower risk profile.

Last year, grant-making by corporate foundations grew by 17% from 2021, according to the Foundation Giving Trends report from the Association of Charitable Foundations. As this marked increase shows, corporate foundations are growing in popularity as vehicles for businesses looking to support meaningful action on issues that align with their values, such as climate change, achieving the UN’s sustainable development goals, and work on diversity, equality, and inclusion.

But why establish a corporate foundation rather than pursue an alternative route, such as becoming a B Corp or partnering with a well-known

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A wealthy Russian divorce battle has produced a sharp warning about trying to challenge foreign nuptial agreements in the wrong English court. Writing in NLJ this week, Vanessa Friend and Robert Jackson of Hodge Jones & Allen examine Timokhin v Timokhina, where the High Court enforced Russian judgments arising from a prenuptial agreement despite arguments based on the landmark Radmacher decision
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An obscure Victorian tort may be heading for an unexpected revival after a significant Privy Council ruling that could reshape liability for dangerous escapes, according to Richard Buckley, barrister and emeritus professor of law at the University of Reading
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