Nonprofit Organizations
Many of our lawyers serve as directors and trustees of charitable and other civic organizations. This gives us valuable insight and deep understanding of the issues faced by our nonprofit clients.
Well-run nonprofit organizations are more effective at creating positive change. However, nonprofit organizations face not only the usual challenges of for-profit organizations, but also additional complexity such as special tax laws and state Attorney General regulation. We help nonprofit organizations navigate these challenges and provide the solid legal and tax foundation needed to advance their valuable mission.
Our clients include nonprofit organizations such as civic organizations, colleges, community foundations, donor advised funds, hospitals and health systems, museums, private foundations, private operating foundations, religious institutions, social clubs, supporting organizations, universities, and other tax-exempt organizations. These organizations rely on us for counsel on a range of issues including:
Advise community foundations on material restrictions and other aspects of donor advised funds
Alternative Funding Sources & Social Entrepreneurship
Attorney General Matters
Borrowing & Banking Transactions
Charitable Trust & Donor Agreement Modification
Defense of Claims Against Officers & Directors
Design of Investment Policy and assistance with selection of investment advisor focused on socially responsible investing
Donor Advised Funds
Donor Litigation
Donor Substantiation Requirements for Tax Reporting
Excess Business Transactions & Intermediate Sanctions
Fiscal Sponsorship
Formation & Operational Issues
Formation of numerous private foundations and assistance with operation of foundations to further family philanthropy
Formation of Private Operating Foundation to run local historical organization
Formation of various school foundations for public and private schools
Gift Acceptance Policy Development
Gift Agreement Drafting & Review
Gifts of Tangible Property, Real Estate, Inventory, Naming Rights, Life Insurance and Other Non-Cash Gifts
Grants to Foreign Organizations
Insurance Review & Coverage Issues
Intellectual Property & Technology
Labor & Employment
Mergers, Combinations, Collaborations & Joint Ventures
Perform legal review of organizations to provide board with updated operational policies consistent with tax law changes affecting donor advised funds
Planned Giving & Donor Relations Assistance
Policy Review, Development & Implementation
Political Activities
Prepare gift agreements for organization to receive gift from Donor with associated naming rights and variance powers
Prepare tax opinions detailing supporting organization as a Type III Functionally Integrated Supporting Organization for purposes of receiving grants from Donor Advised Funds
Private Foundation Excise Tax Planning
Program Related Investments
Public Support Test and Unusual Grants Analysis
Real Estate & Leasing