Client has asked I about the best structure for a joint venture.
He, his sister and a friend are investigating setting up an Arts Centre to give young people access to good quality art education. They are also thinking of setting up a Foundation dedicated to their parents as a vehicle to manage the funding of the Centre and tuition for young people.
They have asked what might be the best structure to set up to manage all of this, e.g. charity, company, trust, foundation, association.
To be honest I really don't know
Wonder if anyone could help with some ideas on this so I can point them in the right direction