Charitable Contributions, Trusts, & Endowments
We advise nonprofits, foundations, donors, and fiduciaries on the structuring, administration, and stewardship of charitable gifts, trusts, and endowments.
Our practice includes counseling on charitable gifts and contributions, deductibility considerations, restricted and unrestricted gifts, donor-advised funds, and board-designated funds. We assist organizations with endowment creation, long-term management, spending policies, and compliance with UPMIFA and state law.
We also advise on charitable trusts and represent nonprofits and fiduciaries in matters involving modification of charitable trusts and restrictions under the doctrine of cy pres, including matters involving Attorney General oversight and court approval.
Experience Includes
Planning & Structure
- Advising donors and organizations on the legal structure and tax treatment of charitable gifts
- Establishment and administration of charitable trusts and long-term giving vehicles
- Design and implementation of endowments to support mission sustainability
- Drafting and interpretation of gift agreements and donor intent provisions
- Guidance on restricted gifts, unrestricted gifts, and board-designated reserves
- Counsel on donor-advised funds and complex charitable giving arrangements
Governance, Compliance & Stewardship
- Development and review of endowment spending, investment, and governance policies
- Advising boards on fiduciary duties related to charitable assets and endowed funds
- Assistance with modification of charitable restrictions when original purposes become impracticable
- Navigating regulatory and compliance considerations affecting charitable trusts and funds
- Support with stewardship practices to ensure alignment with donor intent and organizational mission
- Counsel on resolving disputes involving charitable gifts, trusts, or endowment administration