Like for-profit corporations, nonprofit corporations must satisfy legal obligations to achieve and sustain entity status.  Nauman Smith understands these requirements and is highly regarded in the area of nonprofit law.  Our attorneys devote considerable attention to serving nonprofit organizations, particularly community foundations.  The firm’s many nonprofit clients also include health care organizations, professional societies, business associations, public charities and private foundations. We provide sophisticated legal counsel to nonprofits of any size and in any stage of development so that the organization’s founders and leaders may remain focused on their mission.

Our full range of legal services includes:

  • tax and unrelated business income issues
  • entity governance
  • fiduciary issues
  • legal compliance with state and federal laws
  • advice on employment issues
  • executive compensation
  • real estate and transactional matters

We assist clients with organization of new nonprofit entities, including qualification for exempt status with the IRS and development of fund-raising activities. We advise clients regarding charitable solicitations and charitable giving as well as various planned giving options including:

  • IRS Form 1023
  • IRS Form 1024
  • charitable remainder trusts
  • charitable lead trusts
  • gifts of real estate
  • life insurance
  • retirement accounts
  • other significant gifts

The firm’s attorneys have also developed experience converting community foundations from trust form to corporate form.