If your organization has a charitable or philanthropic purpose, you may want to incorporate as a not-for-profit corporation. Full tax advantages at the federal, state, and local levels are available only to groups organized for charitable, scientific, educational, literary or religious purposes. Further, any contributions to a charitable corporation are tax-deductible and most private foundations will only make contributions to public charities.
Our attorneys have extensive knowledge of both the legal challenges that a nonprofit faces and the day-to-day workings of not-for-profit corporations. We can help our nonprofit clients with everything from applying with the IRS for tax-exempt status to obtaining grants and developing fundraising strategies. We also have experience with charitable giving issues, incorporation and bylaws and fiscal agent agreements.