Stephenson Fournier
Address
3355 West Alabama Street, Suite 640
Houston, TX 77098
United States
Member since
2019
PBLI
The proven Houston nonprofit and charitable organizations lawyers at Stephenson Fournier are experienced in the effective resolution of claims related to the regulation of nonprofit and charitable organizations in Texas. Houston nonprofit and charitable organizations attorneys are knowledgeable in all areas of general nonprofit and charitable organizations law, including but not limited to charitable giving claims and public charities in Houston, Texas. Clients will have the confidence of knowing that their case is being handled by an experienced and knowledgeable Houston nonprofit and charitable organizations lawyer.
The Houston nonprofit and charitable organizations attorneys have experience representing clients in matters involving:
The legal structure of Texas nonprofit and charitable organizations is authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under Sec. 501(c) (3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.
All sorts of groups, from artists and musicians to people active in education, health, and community services wish to operate as nonprofit (or not-for-profit) corporations. Often the reason for doing this is simple — nonprofit status is usually a requirement for obtaining funds from government agencies and private foundations. Obtaining grants, however, is not the only reason to incorporate.
The Houston nonprofit and charitable organizations attorneys at Stephenson Fournier are distinguished by a history of successful nonprofit and charitable organizations claim recoveries through settlements and verdicts. For experienced representation in a nonprofit and charitable organizations dispute or for assistance with a nonprofit and charitable organizations trust, contact the Houston nonprofit and charitable organizations lawyers at Stephenson Fournier in Texas.