Page 1

NONPROFIT AND TAX-EXEMPT ORGANIZATIONS

www.hklaw.com

Members of Holland & Knight's Nonprofit and Tax-Exempt Organizations Team provide clients with comprehensive legal representation, ranging from matters exclusive to tax-exempt organizations, such as excise taxes, intermediate sanctions and unrelated business taxable income, to those common to all business entities, including employment law, real estate leasing and intellectual property issues. We are dedicated to helping ensure that your organization complies with all necessary laws and guidelines, and that it is run in an efficient and effective manner, consistent with nonprofit best practices, to successfully accomplish your organization’s mission.

Exempt Organization Comprehensive Legal Audit: Part 1 We conduct thorough organizational and operational reviews and audits, focusing on the following:

Mission and Purpose

Governing Documents (Corporation/Trust)

Governance: Boards and Committees

Compliance with Federal and State Laws

Financial Accountability

Review of Mission Statement

Trust or Articles of Incorporation: Do they comply?

Meeting Materials

Tax Exemptions and Issues

Investment and Spending Policies

Review of Business Plan

Bylaws: How Can We Make Them Stronger?

Board and Staff Development

IRS Filings and Advance Approvals

Internal and External Accounting Practices

Review of Strategic Plan

Meetings: Are They Effective?

Diversity Considerations

Charitable Solicitation Requirements

Transparency

Periodic Review: What Can We Improve?

Are the Committees Meeting the Group's Needs?

Contributions*

Several members of our team were directly involved in drafting the federal tax regulations applicable to tax-exempt organizations. *Along with addressing various contribution issues including public support tests, disqualified persons, gift agreements and restricted funds, Holland & Knight also provides a proactive approach to collection of matured bequests on behalf of your organization. This service may result in accelerated distributions, increased annual revenue and elimination of in-house administrative burdens, as well as produce second-generation prospects. Ask us about the Holland & Knight Bequest Revenue Program.


Exempt Organization Comprehensive Legal Audit: Part 2

Director Liability

Ethical Issues: Conflicts of Interest and Confidentiality

Employment and Volunteer Issues

Operations Overview

Internet Activities

Fiduciary Duties of Directors/Trustees

Policies and Procedures

Human Resources Policies and Procedures

Grant-making and Programs

Social Media

Assessment of Structures

Ethical Standards

Employment Agreements

Compensation

Online Solicitation

Insurance: Are You Protected?

Accountability

Volunteer Policy

Intellectual Property

Cybersecurity

Because of the wide variety of circumstances in which nonprofit organizations operate and the complexity of the nonprofit regulatory environment, please consult our legal advisors about how Holland & Knight may be able to help achieve your goals.

Contact Us Jason Havens

Partner | Jacksonville 904.798.5489 jason.havens@hklaw.com

Kelly Hellmuth

Senior Counsel | Jacksonville 904.798.7296 kelly.hellmuth@hklaw.com

Peter Blumeyer

Associate | Jacksonville 904.798.7228 peter.blumeyer@hklaw.com

Offices Anchorage | Atlanta | Austin | BogotĂĄ | Boston | Charlotte | Chicago | Dallas | Denver | Fort Lauderdale | Houston | Jacksonville Lakeland | London | Los Angeles | Mexico City | Miami | New York | Orlando | Philadelphia | Portland | San Francisco | Stamford Tallahassee | Tampa | Tysons | Washington, D.C. | West Palm Beach

Copyright Š 2020 Holland & Knight LLP All Rights Reserved

Profile for Holland & Knight

Holland & Knight - Nonprofit Tax Exempt Audit  

Holland & Knight - Nonprofit Tax Exempt Audit