Nonprofit Law

4.21

Nonprofits and For-Profit Partnerships: Pitfalls and Best Practices

Credits Available
Credit Status Total
Alaska CLE Reciprocity 1.5 Total
Alabama CLE Approved 1.5 Total
Arkansas CLE Approved 1.5 Total
Arizona CLE Approved 1.5 Total
California CLE Approved 1.5 Total
Colorado CLE Approved 2 Total
Connecticut CLE Approved 1.5 Total
Delaware CLE Approved 1.5 Total
Florida CLE Approved 2 Total
Georgia CLE Approved 1.5 Total
Hawaii CLE Approved 1.5 Total
Iowa CLE Approved 1.5 Total
Illinois CLE Approved 1.5 Total
Indiana CLE Approved 1.5 Total
Kansas CLE Upon Request 1.5 Total
Kentucky CLE Approved 1.5 Total
Maine CLE Approved 1.5 Total
Minnesota CLE Approved 1.5 Total
Missouri CLE Approved 1.8 Total
Northern Mariana Islands CLE Approved 1.5 Total
Mississippi CLE Upon Request 1.5 Total
Montana CLE Approved 1.5 Total
North Carolina CLE Approved 1.5 Total
North Dakota CLE Upon Request 1.5 Total
Nebraska CLE Approved 1.5 Total
New Hampshire CLE Approved 1.5 Total
New Jersey CLE Approved 1.8 Total
New Mexico CLE Approved 1.5 Total
Nevada CLE Approved 1.5 Total
New York CLE Approved 1.5 Total
Ohio CLE Approved 1.5 Total
Oklahoma CLE Approved 2 Total
Oregon CLE Approved 1.5 Total
Pennsylvania CLE Approved 1.5 Total
Rhode Island CLE Upon Request 1.5 Total
South Carolina CLE Approved 1.5 Total
Tennessee CLE Approved 1.5 Total
Texas CLE Approved 1.5 Total
Utah CLE Approved 1.5 Total
Virginia CLE Approved 1.5 Total
Vermont CLE Approved 1.5 Total
Washington CLE Approved 1.5 Total
Wisconsin CLE Approved 1.5 Total
West Virginia CLE Approved 1.8 Total
Wyoming CLE Upon Request 1.5 Total
OnDemand
1 hours 29 minutes
William Klimon
Patrick Sternal
With William M. Klimon from Holtzman Vogel + 1 other
Recorded March 02, 2026.
Product ID 101678

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Overview

Structure Partnerships for Compliance and Success

As nonprofits increasingly seek diversified funding streams and for-profit companies embrace corporate social responsibility (CSR), strategic alliances have become a critical - yet highly regulated - area of practice. This fast-paced legal overview identifies key areas of focus needed to counsel clients on forming, structuring, and maintaining compliant and successful partnerships between tax-exempt organizations and commercial entities. Register today!

  • Explore the main legal structures for nonprofit/for-profit partnerships.
  • Analyze each relationship for UBIT exposure and apply relevant exceptions.
  • Identify the risk of private inurement and learn how to protect tax-exempt status.
  • Draft better contract clauses for joint venture agreements.

Abbreviated Agenda

  1. Primary Legal Models for Nonprofit/For-Profit Partnerships
  2. Preserving Tax-Exempt Status: Private Inurement and Private Benefit
  3. UBIT Three-Part Test, Exceptions, and Modifications
  4. Surviving IRS Scrutiny
  5. Management and Maintaining Control Over Tax-Exempt Activities
  6. Independent Contractor and Volunteer Relationships
  7. Contractual Best Practices for Joint Ventures

Related Topics

Product ID 101678

Credit Details

Credits Available
Credit Status Total
Alaska CLE Reciprocity 1.5 Total
Alabama CLE Approved 1.5 Total
Arkansas CLE Approved 1.5 Total
Arizona CLE Approved 1.5 Total
California CLE Approved 1.5 Total
Colorado CLE Approved 2 Total
Connecticut CLE Approved 1.5 Total
Delaware CLE Approved 1.5 Total
Florida CLE Approved 2 Total
Georgia CLE Approved 1.5 Total
Hawaii CLE Approved 1.5 Total
Iowa CLE Approved 1.5 Total
Illinois CLE Approved 1.5 Total
Indiana CLE Approved 1.5 Total
Kansas CLE Upon Request 1.5 Total
Kentucky CLE Approved 1.5 Total
Maine CLE Approved 1.5 Total
Minnesota CLE Approved 1.5 Total
Missouri CLE Approved 1.8 Total
Northern Mariana Islands CLE Approved 1.5 Total
Mississippi CLE Upon Request 1.5 Total
Montana CLE Approved 1.5 Total
North Carolina CLE Approved 1.5 Total
North Dakota CLE Upon Request 1.5 Total
Nebraska CLE Approved 1.5 Total
New Hampshire CLE Approved 1.5 Total
New Jersey CLE Approved 1.8 Total
New Mexico CLE Approved 1.5 Total
Nevada CLE Approved 1.5 Total
New York CLE Approved 1.5 Total
Ohio CLE Approved 1.5 Total
Oklahoma CLE Approved 2 Total
Oregon CLE Approved 1.5 Total
Pennsylvania CLE Approved 1.5 Total
Rhode Island CLE Upon Request 1.5 Total
South Carolina CLE Approved 1.5 Total
Tennessee CLE Approved 1.5 Total
Texas CLE Approved 1.5 Total
Utah CLE Approved 1.5 Total
Virginia CLE Approved 1.5 Total
Vermont CLE Approved 1.5 Total
Washington CLE Approved 1.5 Total
Wisconsin CLE Approved 1.5 Total
West Virginia CLE Approved 1.8 Total
Wyoming CLE Upon Request 1.5 Total
Select Jurisdiction
CLE

Agenda

All times are shown in

  1. Nonprofits and For-Profit Partnerships: Pitfalls and Best Practices

    1. Primary Legal Models for Nonprofit/For-Profit Partnerships
    2. Preserving Tax-Exempt Status: Private Inurement and Private Benefit
    3. UBIT Three-Part Test, Exceptions, and Modifications
    4. Surviving IRS Scrutiny
    5. Management and Maintaining Control Over Tax-Exempt Activities
    6. Independent Contractor and Volunteer Relationships
    7. Contractual Best Practices for Joint Ventures

Who Should Attend

This legal course is designed for attorneys. Accountants, tax professionals, directors and officers, and experienced paralegals will also benefit.

Speakers

William M Klimon
William M.
Klimon
Holtzman Vogel
Patrick Sternal
Patrick
Sternal
Holtzman Vogel
Speaker bio
William M Klimon

William M. Klimon

Holtzman Vogel
William Klimon

is a partner at Holtzman Vogel in Washington, D.C. He has advised over 700 nonprofit organizations on a complete range of issues from formation to dissolution. Mr. Klimon has worked with many of the nation's most prominent private foundations, public charities, political campaigns, schools, and churches. He also chaired the American Bar Association's Nonprofit Organizations Committee (2018-2020). Mr. Klimon earned his B.A. degree from the University of Pennsylvania; his J.D. degree with honors from the University of Maryland School of Law (Order of the Coif); and his LL.M. degree in taxation from Georgetown University Law Center.

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Speaker bio
Patrick Sternal

Patrick Sternal

Holtzman Vogel
Patrick Sternal

is Of Counsel at Holtzman Vogel and provides legal and tax advice to tax-exempt and nonprofit organizations, including charities and social welfare organizations. He advises clients on formation, establishing exempt status, ongoing tax and governance matters, mergers, and dissolutions. He also drafts contracts, and other agreements, as well as advises clients on various transactions. Prior to joining the firm, Patrick was an attorney for a boutique law firm providing nonprofit tax and governance advice. Additionally, for nearly ten years, he worked in the federal government as a Tax Law Specialist in the IRS Office of Tax Exempt and Government Entities, Rulings and Agreements, where he focused on exempt organization determinations and compliance, and as an Attorney Advisor at the IRS Office of Chief Counsel, Exempt Organizations, where he worked on drafting guidance and advising the IRS operating division. He earned his BA degree from Thomas Aquinas College, JD degree from Ave Maria School of Law and LLM in Taxation degree, with high distinction, from Loyola Law School.

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