Operations and Business Transactions

Scholz Nonprofit Law works with a variety of nonprofits ranging from complex national to small community-based organizations, foundations, cooperatives and businesses to help build and maintain a thriving, well-run organization. We assist with such issues as:

Corporate structures, including:

  • Incorporation and governing documents
    • Corporate bylaws
    • LLC operating agreements
    • Benefit corporations
    • Conflict of interest policies and authority guidelines
  • Mergers and asset transfers
  • Dissolutions
  • Affiliated entities:
    • 501(c)(3)/501(c)(4) affiliations
    • For-profit affiliate of nonprofit

General corporate, including:

  • Contracts and other types of agreements
    • Collaboration MOUs
    • Partnership agreements
    • Grant agreements
    • Services agreements with contractors
    • Promissory notes
  • Risk management, including liability waivers and insurance
  • Policies
  • Regulatory compliance
  • Governance
    • Board training
    • Annual compliance and reporting

Cooperatives and Cooperative Conversions

  • Design, strategic planning, formation and scaling
  • Bylaws and membership agreements
  • Conversions, mergers, and asset transfers
  • Debt and equity structures, succession planning

Employment matters for nonprofits, cooperatives and for-profits, including:

  • Hiring, managing, and terminations
  • Workplace policies and employee handbooks
  • Legal compliance with various federal, state and local laws

Financial Transactions

  • Debt and investment agreements
  • Tax credit transactions
  • Impact investing

This list is not an exhaustive. See also Nonprofit Tax and Legal Compliance, Representative Projects, or let us know if you have questions.

Forward Community Investments

Scholz Nonprofit Law assists Forward Community Investments, a Community Development Financial Institution, with such matters as:

  • granting or receiving funding;
  • compliance as a CDFI and 501(c)(3) organization;
  • structuring of arrangements with investors and donors, including donor advised funds; and
  • board governance and other organizational policies

We also assist with real estate matters, such as the purchase of property to house One City Early Learning Center, preparation of a lease for One City, and the eventual sale of the property to One City.

NewBridge Madison

Scholz Nonprofit Law helped merge four Senior Coalitions to create one vibrant organization, NewBridge Madison, to best serve the needs of Seniors in the community. Our work included counseling Boards and members on the options and implications of merger, creating the Plan for Merger, advising on all steps of the process, preparing and filing the necessary documents with the required agencies, and transferring the real estate.

NewBridge Madison logo