Legal Counsel : Nonprofit Representation
Corporate Representation and Governance
Our clients benefit from our extensive experience with the formation and dissolution of tax-exempt organizations. Throughout the years, many well known national and regional institutions as well as family entities have retained Hemenway & Barnes to serve as general counsel and special counsel. These institutions have also sought our counsel on board governance, board training and strategic planning.
Private foundations rely on Hemenway & Barnes to assist with various aspects of foundation management and practice incuding...
- Tax reporting
- Investment management including program -related investments
- Grant monitoring
- Trustee education and communication
Our nonprofit expertise also includes contract work and issues such as unrelated business income, private inurement, private benefit, self-dealing, conflicts of interest and joint ventures.
- An operating charity engaged us to structure sponsorship arrangements and partnerships with for-profit companies enabling the charity to raise millions of dollars in new revenue without jeapordizing its tax-exempt status.