Proskauer Rose LLP

Proskauer Rose LLP’s Not-for-Profit/Exempt Organizations group is recognized as one of the leading global practices dedicated to the sector, advising prominent public charities, private foundations, hospitals and health systems, cultural institutions, higher education bodies, and professional and collegiate sports leagues. With more than 200 years of combined experience, the team draws on a range of firmwide strengths to provide integrated advice across the full spectrum of operational, governance, and regulatory issues. The group is frequently engaged on matters involving charitable giving, complex financing, alternative investments and increased reporting, transparency and accountability obligations at the federal and state levels. Amanda Nussbaum, based in New York, co-chairs the Not-for-Profit Group and chairs the Tax Department. She advises on qualification and maintenance of tax-exempt status, minimizing unrelated business taxable income, structuring joint ventures with taxable entities and designing subsidiary frameworks, and is active in the nonprofit sector through board and leadership roles. In Washington DC, Seth Safra co-chairs the Compensation & Benefits group and counsels nonprofit employers on executive and deferred compensation, retirement plan design, ERISA fiduciary compliance, and innovative incentive arrangements arising from complex transactions and sector-specific tax developments.