Goodwin Procter represents nonprofit and charitable organizations of all types and sizes, including colleges, universities, research organizations, museums, environmental organizations, family and corporate foundations, and community development/lending organizations. Our practice is interdisciplinary in nature, drawing upon the skills and expertise of all of our departments.
We provide tax-exempt organizations with comprehensive legal services:
- Corporate and Transactional
- Tax
- Real Estate
- ERISA/Employee Benefits
- Labor and Employment
- Environmental
- Litigation
- Intellectual Property
Corporate and Transactional
- Forming tax-exempt entities
- Counseling on corporate and trust governance matters
- Advising on transactional matters and related agreements
- Representing clients in connection with financing transactions, including tax-exempt notes, bonds and leases through various state agencies
- Advising on debt restructuring and reorganization under bankruptcy laws
- Handling mergers, dissolutions and sales of assets
- Advising for-profit entities on interactions with nonprofits, including cause marketing, joint ventures and provision of services
- Preparing plan documents for section 401(a) retirement plans and medical and other benefit plans
- Advising on all aspects of the employment relationship
Tax Issues
- Obtaining and maintaining tax-exempt status
- Preparing federal and state filings
- Structuring planned giving programs and fundraising efforts
- Advising on administration of charitable gifts
- Counseling on administration of and expenditure from endowment funds under Uniform Prudent Management of Investment Funds Act
- Advising on intermediate sanctions, corporate sponsorship rules, private foundation requirements, lobbying, foreign charitable activities and charitable solicitation registration requirements
- Counseling on unrelated business taxable income and structuring issues
- Structuring transactions with related for-profit organizations
- Advising tax-exempt organizations on investments in private investment funds