Our nonprofit Tax attorneys have a strong grounding in tax law, such as unrelated business taxable income, tax-exempt status and deductibility of charitable contributions, which most directly affect the continued existence and successful operation of the Firm’s nonprofit clients. We assist clients in obtaining and maintaining their tax-exempt status and also provide guidance and direction to assist clients in identifying and capitalizing on opportunities for growth and expansion of their charitable activities, while avoiding pitfalls such as unrelated business taxable income. Additionally, our attorneys have strong expertise in the areas of direct and deferred giving, including the establishment and ongoing maintenance of charitable remainder unitrusts, anuity trusts, pooled income funds, gift annuity programs, endowments, and donor advised funds.
ATTORNEYS
David Jay Krauss
Leonard J Pranschke
R John Klevorn III
Ann T Stillman
Ravi Sundara
REPRESENTATIVE WORK
- Advised a major charitable organization on the unrelated business income tax consequences of selling exempt activity services to unaffiliated entities
- Advised churches and church related entities on the unrelated business income tax consequences of the acquisition and sale of debt financed properties
- Drafted and submitted a private letter ruling request to determine the public charity status of a charitable foundation
- Advised charitable and religious organizations with respect to formation of taxable subsidiaries to carry out unrelated business activity
- Advised charitable organization regarding scope of permitted political activities