Nonprofit organizations come in varying sizes and types; each has its own unique not-for-profit or charitable goal. Nonprofit law encompasses analysis of both federal tax and state nonprofit organization law, tailored specifically to the circumstances of the client organization. We assist our nonprofit clients in establishing the organization’s state law existence and in obtaining federal tax-exempt status, whether as a public charity or private foundation, a social club, or otherwise, as appropriate.
Our clients can turn to us for ongoing guidance regarding fiduciary duties of directors and corporate governance, as well as compliance with complex private foundation rules under the Internal Revenue Code.
Our attorneys have extensive experience in drafting charitable remainder trusts. Additionally, when circumstances dictate, we work with organizations in modifying or terminating funds subject to Oregon’s Uniform Prudent Management of Institutional Funds Act and/or Uniform Trust Code. When necessary, we assist clients in seeking IRS private letter rulings regarding the tax consequences of a specific course of action.
When appropriate, we guide our clients through the process of shutting down the nonprofit organization. Compliance with federal and state law at this stage of the nonprofit’s lifecycle is just as crucial as during the organization’s infancy.
Our firm has substantial experience assisting nonprofit clients, including:
- Forming the business entity or trust;
- Obtaining appropriate federal tax exempt status;
- Ongoing corporate maintenance;
- Employment and personnel issues; and
- Issues related to taxation, including private inurement and unrelated business taxable income questions.
We represent clients in many different areas of the nonprofit sector, including:
- Supporting organizations;
- New § 501(c)(3) public charities, including youth sports organizations and scholarship organizations;
- Social clubs; and
- Business leagues.