INDUSTRY

Nonprofit Organizations + Foundations

We advise on the unique business and tax issues nonprofits face, as well as the full range of legal issues confronting any organization.

We have a long tradition of serving nonprofits, including public charities, private foundations, health care facilities, museums, social service organizations, seminaries and other religious entities, trade associations, universities, and other academic organizations. Our corporate, tax, and trusts and estates attorneys work together to advise clients on the tax and business issues specific to these entities as well as on the broader range of legal issues that may affect any organization, including:

  • Entity structuring and governance
  • Unrelated business taxable income
  • Self-dealing and excess business holdings situations
  • Intermediate sanctions
  • Employee benefit structures
  • Political action committees and non-charitable exempt organizations (such as cemeteries, social clubs, and trade associations).

We provide comprehensive legal services for the establishment and compliance of Section 501(c)(3) organizations for both individuals and corporate entities. Our services include the formation of the entity, submission of IRS rulings to confirm tax-exempt status, and the application for state sales and property tax exemptions. Additionally, we counsel tax-exempt institutions on their charitable giving programs, including endowment funds, charitable gift annuities, outright and restricted gifts, charitable remainder trusts, and charitable lead trusts.

Read More

Our highest goal? Achieving yours.

Exceptional results are our best practice

Find your professional

This just in

See all insights

Articles + Publications

Locke Lord QuickStudy: IRS Releases Final Direct Pay Energy Tax Credit Regulations

March 19, 2024

Speaking Engagements

UT Law: 41st Annual Nonprofit Organizations Institute

February 8, 2024

Articles + Publications

Locke Lord QuickStudy: New York Business Corporations, Not-For-Profit Corporations and Religious ‎Corporations May Temporarily Hold Shareholder and Member Meetings via ‎Electronic Means During the Pandemic

November 17, 2020

Articles + Publications

Locke Lord QuickStudy: Help for Main Street: Federal Reserve Announces Expansion of Main Street Lending Program to Provide Greater Access to Credit for Nonprofits through Two New Credit Facilities

July 27, 2020

See all insights