Practice Areas
Tax Law
We pride ourselves on providing tax-exempt organizations with exceptional legal counsel on tax law issues, including:
Obtaining and maintaining federal tax-exempt status
Complying with federal and state tax-exemption laws
Review of IRS Form 990
Review of IRS Form 990-PF
Review of IRS Form 990-T
Property tax exemption
Sales tax exemption
Group tax exemptions
Self-dealing and excess benefit transactions
Unrelated Business Income Tax (UBIT)
Federal restrictions on lobbying and political activity
Real estate and illiquid asset donations
Corporate Governance
We advise tax-exempt organizations and for-profit companies on corporate governance to comply with legal requirements and fiduciary obligations by providing counsel on issues such as:
Drafting, filing, and reviewing Articles of Incorporation
Drafting, filing, and reviewing Bylaws
Complying with fiduciary obligations
Corporate affiliations
Reorganizations
Mergers
Divisions
Asset transfers
Nonprofit joint ventures
Investments
We advise tax-exempt organizations on legal issues related to investments and endowment and restricted fund management, including:
Prudent investing under state law
Program Related Investments
Mission Related Investments
Partnership investments, including joint ventures and K-1 review
Endowment management
UPMIFA (the Uniform Prudent Management of Institutional Funds Act)
Pennsylvania analogous rules to UPMIFA, PA Act 141
Donor-Advised Fund management
Fundraising
We help organizations accept donations that may carry tax consequences and provide counsel on:
Charitable solicitation registration
Complying with state solicitation regulations
Planned giving
Real estate donations
Illiquid asset donations, such as restricted stock or partnership interests
Donor-Advised Fund management
Corporate sponsorships
Earned revenue
Gift shops
Major gifts
Donation agreements
Endowment and quasi-endowment creation
Restricted charitable trusts
