Nonprofits are being forced to be entrepreneurial to meet the intricate legal challenges and opportunities presented today. To do more with less, while still meeting the growing reliance communities—both local and internationally—have on them.
We have partnered with more than 250 tax-exempt organizations—both in the U.S. and abroad—and provide pragmatic, creative solutions to help nonprofits achieve the strategic missions of the future.
From highly specialized issues to day-to-day concerns, we bring knowledge, understanding and sensitivity to all matters.
We understand the business needs of nonprofits today and the demands of the future.
Foundations—international, community and corporate giving programs
Charitable organizations—from small, neighborhood organizations to large, national organizations
Colleges and universities—from large public research universities to small private colleges
Hospitals and health care systems—from major university hospitals to large health care systems
Religious institutions—Catholic Dioceses, religious congregations, Jewish community centers, local synagogues and churches
Trade associations—from a major national association to a Washington-based association that has numerous local chapters
Museums and cultural organizations—from one of the most well-known museums in the country, to small cultural organizations within our communities
Professional schools—from large law schools and technical engineering schools to design and business schools
The Nonprofit Revitalization Act just became law in New York State. The Act affects nonprofit organizations incorporated or doing business in New York State, including both charitable and non-charitable entities. Leaders of these organizations have important decisions to make about the opportunities—and burdens—imposed by the new law. If you would like to contact a member of our Nonprofit Revitalization team, send us a note at: NPRevitalization@nixonpeabody.com. We are ready to share the steps needed to make sure your organization is compliant with the requirements of the Act.
Hearst Television | January 01, 2018
Washington DC M&A and corporate transactions partner Ken Silverberg is interviewed in this news segment about how the new tax plan may affect charitable giving.
Rochester Business Journal | December 15, 2017
Rochester private equity and investment funds partner Jeremy Wolk, M&A and corporate transactions counsel Anita Pelletier and Washington DC M&A and corporate transactions partner Mike Cooney authored this column about the impact of U.S. tax reform on nonprofits.
Trustee | June 30, 2017
Chicago public finance partner Thomas Fahey authored this column about how nonprofit community hospital board members should consider duty of care and duty of loyalty to guide decisions regarding joining larger health systems.
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.
Modern Healthcare | January 20, 2016
This article discusses a New Jersey bill mandating not-for-profit hospitals contribute to local municipalities instead of paying property taxes, noting a veto by the New Jersey governor came just one day before the Illinois Department of Revenue confirmed that it has temporarily stopped reviewing hospitals' applications for property tax exemptions. Chicago Health Care partner John Durso provides general commentary on these tax-exemption issues.
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.
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.
