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Marion Fremont-Smith will speak about the advantages and disadvantages of seeking tax exempt status and alternative forms for new enterprises. She will summarize both state and federal requirements for tax exempt organizations, and considerations when undertaking to seek such status, including governance requirements and considerations when choosing fiduciaries. http://hausercenter.harvard.edu/?p=1419 The Frontline with Faculty Series is a venue for Harvard faculty affiliated with the Hauser Center to share their work and research with faculty colleagues, as well as students in an informal setting that will allow for spirited discussion, debate and exchange. The seminars link faculty experts from Harvard Schools and beyond on a wide range of topics. The Hauser Center for Nonprofit Organizations at Harvard University seeks to expand understanding and accelerate critical thinking about civil society among scholars, practitioners, policy makers and the general public, by encouraging scholarship, developing curriculum, fostering mutual learning between academics and practitioners, and shaping policies that enhance the sector and its role in society.