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. 

This publication should not be construed as legal advice or a legal opinion on any specific facts or circumstances not an offer to represent you. It is not intended to create, and receipt does not constitute, an attorney-client relationship. The contents are intended for general informational purposes only, and you are urged to consult your attorney concerning any particular situation and any specific legal questions you may have. Pursuant to applicable rules of professional conduct, portions of this publication may constitute Attorney Advertising.

Subscribe to Our Blog