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Joint Ventures Involving Tax-exempt Organizations (Part 1)

Joint Ventures Involving Tax-exempt Organizations (Part 1)

Lakshmi Sarma Ramani (a Member of our Washington D.C.-based team) and co-author Anita Drummond discuss joint ventures between tax-exempt organizations and for-profit entities in their new 2-part series featured in the ACC Docket’s Nonprofit Knowledge column.

Part 1  provides an overview of the legal and tax parameters of a joint venture of this nature, including the importance of adopting an organizational policy to guide decision making in order to protect the tax-exempt status of the nonprofit. 

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