Joint Ventures and Subsidiaries

Whiteford, Taylor & Preston's Nonprofit Organizations Group attorneys counsel nonprofit organizations regarding participation in various joint venture and entrepreneurial opportunities with for-profit entities and other nonprofit organizations. We counsel nonprofit organizations regarding the legal benefits and pitfalls of entering into partnerships, joint ventures, management contracts and other arrangements. We assist nonprofit organizations in creating related and affiliated tax-exempt entity structures, including the creation of parent “holding company” organizations and for-profit and nonprofit subsidiaries and affiliates. Our Nonprofit Organizations Group attorneys are adept at understanding and assisting nonprofit organizations to work within the complex and evolving rules nonprofit organizations must navigate when engaging in joint venture transactions or establishing affiliated entities.