Non-profit, non-statutory, autonomous, and run by individuals who are not paid to administer the organization are all examples of voluntary organizations. These cooperatives are mutuals, but their primary goal is to make money rather than to meet a social need.
Examples of voluntary organisations that are found in the community are:
1) A Trust
A trust can be established to manage land and property, as well as to accept funds for a specific purpose that benefits a larger community. They establish a formal relationship between the money or property contributors, the Trustees (usually three), who become the nominal owners of the trust property, and the beneficiaries, who will profit from the trust. Trusts are non-democratic since they lack a membership structure, yet trustees can opt to report on a regular basis and engage with a larger group of individuals. Trustees are not immune from personal liability when they enter into contracts on behalf of the trust. You can, however, insure yourself to give some financial security.
2) A Non-Profit Organization
To begin with, this method may have been the starting structure for campaigning to defend a facility or an area. It usually involves a small group of people with short-term aims and is used when there are no plans to hire people or buy property. Setting up a non-profit organisation is simple and inexpensive.A non-profit organisation has no independent legal existence and is, for all intents and purposes, a group of persons. Any property or contracts held on behalf of the organization would have to be held by individuals, and any legal proceedings brought against the group would be brought against the individuals individually, making them personally liable. Liability issues can be difficult to navigate.
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