During the life cycle of any nonprofit organization, it may be necessary to consider an affiliation, reorganization, joint venture or asset transfer to expand activities and further exempt purposes. In some cases, an organization may even decide to merge with another nonprofit organization or dissolve its operations. Any fundamental change in operations or movement of assets must be carefully considered and executed as there are significant implications for the organization, its Board of Directors, staff, and funders.
We work with clients to evaluate and structure affiliations, corporate and tax reorganizations, joint ventures, and asset transfers. Our corporate, tax, and finance experience enables us to help clients secure funding and understand the legal and financial implications of these transactions. In cases where operations are no longer feasible we represent clients through the merger or dissolution process, working with Federal and state agencies, funders, and, where required, the Office of the Attorney General and the court system.