The higher trust and expectations that the public places on nonprofit institutions are part of what makes such organizations a vital thread in our social fabric. At the same time, those higher expectations bring with them special and heightened legal and regulatory obligations.
As a top law firm with offices in Boston, New York, Washington, D.C. and Paris, Foley Hoag provides practical, experienced and innovative legal advice on every facet of nonprofit organization design and formation, operations, and legal and regulatory compliance. We assist our nonprofit (including tax-exempt) clients with:
Tax and Regulatory Compliance
Foley Hoag has a wealth of experience regarding the many complex and technical rules applicable to all forms of nonprofit organizations, including public charities and private foundations, social welfare and issue advocacy groups, trade associations and business leagues, social clubs and fraternal organizations, political organizations, title holding entities and governmental instrumentalities operating in a variety of sectors (including education, healthcare, cleantech and greentech, microfinance and philanthropy). We represent such organizations in their dealings with oversight, audit and regulation by the Internal Revenue Service, state and local taxing authorities, and state Offices of the Attorney General. We assist our clients with the intricacies of the special rules and limitations applicable to nonprofit organizations, such as unrelated business income tax concerns, lobbying and political activity restrictions, charitable solicitation restraints, planned gifting arrangements, public charity/private foundation classification and public support testing, private foundation avoidance of Chapter 42 excise tax penalties, and special issue private letter ruling requests.