Cullen and Dykman has a long track record of working with tax-exempt and other nonprofit entities, including colleges and universities. Our Tax attorneys guide founders, administrators and the boards of public charities and private foundations on a full range of issues, including assisting with entity formation, obtaining and maintaining the entity’s tax exemptions, state registration, fundraising issues, negotiating business transactions and advising on the tax consequences thereof (including any potential unrelated business income tax issues), tax and other issues related to endowments, avoiding intermediate sanctions and private foundation excise taxes, and resolving disputes before administrative agencies and in court. We also counsel on the process and tax consequences of nonprofit dissolution and distribution of the nonprofit’s assets.
Our Tax Department focuses on implementing best practices for nonprofits. We counsel on tax, governance and fiduciary issues, and have extensive experience representing tax-exempt organizations in all phases of operations. We also assist individuals and business clients in making charitable contributions to tax-exempt organizations and maximizing available tax deductions.
To learn more about our Not-for-Profit and Religious Organizations Practice: Click Here