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Working Group On Legal Opinions Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464342171 ✦ Wilmington, DE ✦ Designated as a 501(c)(6)

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Overview

What is Working Group On Legal Opinions Foundation?

The Working Group On Legal Opinions Foundation, often referred to as WGLO, is a nonprofit organization situated in Wilmington, Delaware. Its primary purpose is to facilitate a nationwide consensus on legal opinions and serve as an ongoing platform for discussing opinion-related issues. By bringing together various stakeholders involved in the giving and receiving of legal opinions, WGLO aims to broaden existing consensus and promote a unified viewpoint. Their seminars and programs cover a wide range of topics, including third-party legal opinions, ethics issues, and opinions on specific transactions. They also focus on unique aspects like opinions that confirm contractual conditions and regulatory requirements.


Official website here: www.wglo.net

Is Working Group On Legal Opinions Foundation legitimate?

Working Group On Legal Opinions Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Working Group On Legal Opinions Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wglo.net

What is the mission statement of Working Group On Legal Opinions Foundation?

The Working Group On Legal Opinions Foundation's mission is to serve as a platform, bringing together various stakeholders involved in providing and receiving legal opinions. The primary objective is to foster a national perspective on legal opinions, broaden the existing consensus, and establish a continuous forum for discussing opinion-related issues. This foundation aims to provide a platform for open dialogue, enabling a broader understanding and consensus in the field of legal opinions.


Official website here: www.wglo.net

Who is the CEO of Working Group On Legal Opinions Foundation?

Timothy G Hoxie is the President And Board Chair of Working Group On Legal Opinions Foundation.


Official website here: www.wglo.net

What is the revenue of Working Group On Legal Opinions Foundation?

Working Group On Legal Opinions Foundation's revenue in 2022 was $157,699.


Official website here: www.wglo.net

Who are the executives of Working Group On Legal Opinions Foundation and what are their salaries?

There 40 volunteers at Working Group On Legal Opinions Foundation.


Here are 28 key members and their salaries:


Timothy G Hoxie (President And Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew M Kaufman (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Merel (Vice President And Editor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reade H Ryan Jr (Vice President And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William A Yemc (Vice President And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis G Hering (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven O Weise (Vice Chair (Planning))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Brittenham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willis R Buck Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia Fung Chin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur A Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Desmarais (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard N Frasch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Preetha Gist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald W Glazer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon A Kroupa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Leckie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott W Maccormack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles L Menges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert S Risoleo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra M Rocks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ettore A Santucci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip B Schwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Singer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lydia C Stefanowicz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen C Tarry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Keller (Vice Chair (Planning))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wglo.net

Where can I find the form 990 for Working Group On Legal Opinions Foundation?

Working Group On Legal Opinions Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wglo.net

Learn more at the official website: www.wglo.net

Mission Statement of Working Group On Legal Opinions Foundation

The Working Group on Legal Opinions Foundation, abbreviated as WGLO, is dedicated to bringing together various constituencies involved in the process of giving and receiving legal opinions. The primary objective of this organization is to foster a national perspective on legal opinions, broaden the existing consensus, and establish a continuous platform for discussing opinion-related issues. By doing so, WGLO aims to promote a comprehensive understanding of legal opinions and establish a nationwide consensus on the subject. The foundation serves as a platform for open dialogue, allowing different perspectives to converge and contribute to the development of a unified opinion perspective.

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Impact




October, 2024

The Working Group On Legal Opinions Foundation plays a significant role in shaping the landscape of legal opinions within the U.S. commercial context. By fostering collaboration among various stakeholders—such as attorneys, industry professionals, and academics—the organization encourages a national perspective on legal opinions that enhances understanding and consistency across practices.

Through its seminars, including those held in Fall 2021 and Spring 2022, the foundation addresses critical topics and emerging issues in legal opinions. Notable agendas cover a wide range of subjects, such as the exclusion of certain laws from coverage, the complexities of opinion restrictions, and ethical considerations in transaction practices. These discussions provide valuable insights and practical takeaways for legal professionals, aiding them in navigating the intricacies of legal opinion matters.

The foundation also facilitates specialized discussions among interest groups focusing on areas like capital markets, commercial law, and real estate, contributing to a richer dialogue on contemporary challenges and opportunities. By creating a forum for ongoing discussion, the Working Group On Legal Opinions Foundation enhances the quality and effectiveness of legal opinions, supporting professionals in delivering clearer, more reliable guidance in their respective fields.




This information is meant to be a general summary of Working Group On Legal Opinions Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$157,699 (2022)
Expenses
$85,430 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $199
  • Program Service Revenue: $157,500
  • Gross Receipts: $157,699

Assets and Liabilities:

  • Total Assets: $967,182
  • Total Liabilities: $4,979
  • Net Assets: $962,203

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SUBSCRIPTION REVENUE

Revenue

$157,500

Organization Details

Founding Year

2013

Principal Officer

Timothy G Hoxie

Main Address

301 N MARKET STREET 1414, WILMINGTON, DE, 19801

NTEE Category

Code: S40 - Community improvement

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