Counsel to a wide range of charitable and other nonprofit entities, and those who support them, Mike Cooney provides the nonprofit corporate and tax-exempt context in which these organizations can drive mission and margin. He directs the firm’s focus in higher education and exempt organizations.
My work optimizes the ability of nonprofits to accomplish their mission by identifying opportunities for enhanced fundraising and grant access, project management, governance and legal compliance. The approach benefits from the widest array of institutions and geographies, with a fundamental understanding of what makes nonprofit institutions successful in today’s competitive environment. The focus is largely structural, with an emphasis on sustainable and organic growth through systems that align the client’s resources and goals.
That work takes many forms. Charitable institutions and their donors have an array of tax benefits available to help advance their mission. We understand those incentives and advise on how to increase their impact in today’s economy. That spans program-related investments by private foundations in technology and startup companies to the proper structuring of an integrated fundraising campaign and the development of communities around university campuses.
Good governance is vital to operations and fashion approaches that make the most of precious volunteer time and resources. That includes the use of multicorporate environments and joint ventures to accomplish exempt purposes.
At the same time, we appreciate that success involves a degree of risk, so that when challenges arise our work involves the identification of a plan and resources necessary to continue the focus on success. In the highly regulated environment in which our clients exist, it is essential to be able to marshal such resources quickly and efficiently.
I work with colleges and universities doing life science research as well as help donors and entrepreneurs wanting to take advantage of PRIs to advance life science research.
The capacity of our nonprofit institutions to provide needed services and perspectives is being fundamentally challenged by economic forces and an increasingly hostile regulatory environment. Success will be rooted in new collaborations and new partners, drawing on the best practices of the business and governmental sectors, but making them our own.
The Art Newspaper | May 11, 2017
This article discusses the most pressing legal questions facing museums. Washington DC M&A and corporate transaction partner Mike Cooney is quoted on the possible legislation by Congress to limit income tax deductions for charitable donations.
Rochester Business Journal | February 10, 2017
Rochester private equity and investment funds partner Jeremy Wolk, Washington DC nonprofit organizations partner Michael Cooney and Rochester nonprofit organizations counsel Anita Pelletier co-authored this column about updates to the Nonprofit Revitalization Act of 2013 and what New York nonprofits will need to do in order to comply.
Rochester Business Journal | January 20, 2017
This article about charitable giving features Washington DC nonprofit/higher education partner Mike Cooney discussing the personal drivers behind choosing a charity.
Rochester Business Journal | October 17, 2016
Rochester Private Equity & Investment Funds partner Jeremy Wolk and Washington DC M&A and Corporate Transactions partner Mike Cooney authored this column about privacy issues surrounding charitable donors in New York.
Law360 | June 10, 2016
Partner and leader of our nonprofit organizations and higher education teams Mike Cooney authored this column about how program-related investments have an overweighted emphasis on international philanthropy.
Association of Governing Boards (AGB) Blog | June 07, 2016
Washington, DC, partner and leader of the firm’s Higher Education and Nonprofit Organizations teams Mike Cooney authored this column discussing the duty of obedience—a fiduciary duty of board members to ensure that the institution is operating according to its stated purposes in its governing documents.
Art Daily | May 16, 2016
This article features Nixon Peabody’s role as deal counsel and advisor to San Francisco Museum of Modern Art (SFMOMA) and the Fisher Family to create a first-of-its-kind collaboration between a museum and a collection. Los Angeles partner and Arts & Cultural Institutions leader Thad Stauber led the NP team in this unprecedented agreement with support from Washington, DC, partner Mike Cooney and Los Angeles partner Matt Grazier. SFMOMA opened to the public on May 14, featuring an expansive new addition displaying hundreds of pieces of postwar and contemporary art work from the Fisher Family.
ABA Journal | April 01, 2016
Washington, DC, partner Michael Cooney is featured in this piece that looks at legal headaches for colleges caused by anonymous social media apps.
Rochester Business Journal | November 13, 2015
Partners Jeff LaBarge and Mike Cooney co-authored this column on “mission” or “impact investing”—terms used to describe the deployment of philanthropic investment capital to advance charitable ends.
Law360 | October 06, 2015
Partner and leader of the firm’s Nonprofit Organizations practice Mike Cooney and partner and Chief Innovation Officer Herb Stevens authored this piece discussing recent developments in the area known as “mission” or “impact investing”—terms used to describe the deployment of philanthropic investment capital to advance charitable ends.
Privacy & Security Law Report | August 01, 2015
This column discusses two decisions that demonstrate the competing considerations in determining whether private institutions’ campus security departments equate to public acts subject to public records laws. Mike Cooney, Chris Thomas, Steven Richard and Kacey Houston Walker authored the piece.
Law360 | May 19, 2015
New York City financial restructuring and bankruptcy counsel Chris Desiderio, Washington, DC, M&A and Corporate Transactions partner Mike Cooney, and associate Rob Trott and Boston partner and leader of the firm’s Bankruptcy & Financial Restructuring practice Victor Milione coauthored this column on important issues charitable fiduciaries should educate themselves on to avoid insolvency.
Rochester Business Journal | April 03, 2015
Partner and leader of our Nonprofit Organizations practice Mike Cooney and Boston Public Finance counsel Navjeet Bal authored this piece discussing how social impact bonds can help address some of Rochester's social challenges.
Long Island Business News | April 01, 2015
Washington, DC, partner and leader of our nonprofit organizations practice Mike Cooney is quoted in this article discussing best practices pertaining to nonprofit executive compensation.
NP Privacy Partner | 02.17.17
Originally recorded October 18, 2016 | 10.19.16
NP Privacy Partner | 09.16.16
Originally recorded September 14, 2016 | 09.16.16
Nonprofit Organizations Alert | 09.13.16
Nonprofit Organizations Alert | 06.08.16
NP Privacy Partner | 11.13.15
Higher Education Law Alert | 11.09.15
03.16.17 | New York, NY
01.25.17 | Rochester, NY
10.07.15 | Los Angeles, CA
University of Virginia, J.D., Managing Editor, Virginia Journal of International Law
Hamilton College, B.A., magna cum laude (Senior Fellow)
District of Columbia
Mike was selected by his peers for inclusion in The Best Lawyers in America© 2017 in the fields of Nonprofit/Charities Law and Tax Law, and named Non-Profit/Charities Law “Lawyer of the Year” in Washington, DC. He has been listed in Best Lawyers in America since 2007. He has also been recognized in Super Lawyers New York—Metro in Nonprofit, Schools & Education, and Health Care (2012). A Thomson Reuters publication, Super Lawyers evaluates lawyers based on a peer-review surveys and independent research.
Mike is a member of the American, New York State, District of Columbia, and Florida bar associations and the National Association of College and University Attorneys. He is currently a board member of the Eastern Association of College and University Business Officers and the George Eastman Museum. Mike is honored to have served on New York Attorney General Eric Schneiderman’s Leadership Committee to Revitalize Nonprofits.