Corporate and Transactional
Our highly regarded tax-exempt organizations practice advises universities, museums, foundations, social welfare organizations and other nonprofit entities on issues arising from their tax-exempt status. In recent projects, we:
- Advised universities, trade associations and other tax-exempt organizations on exemption, unrelated business income tax, and domestic and international fundraising issues
- Formed and obtained exemptions for major new organizations in the fields of medical research, housing, education and government defense research
- Acted as special counsel to an exempt organization providing investment products and services to schools, colleges and universities
- Defended tax-exempt organizations against IRS efforts to revoke their tax-exempt status or impose unrelated business income tax
- Advised private foundations on excise tax issues
- Counseled tax-exempt organizations regarding the formation of for-profit subsidiaries and joint ventures