Business planning, whether nonprofit or for-profit, is a numbers game, full of complex jargon and legalese. Drawing on his experience as a certified public accountant, Thomas Schenkelberg walks his clients through this maze – helping them emerge on the other side with a sophisticated tax and business plan that creates a solid foundation.
Thomas is chair of the Polsinelli Nonprofit Organizations practice. His practice emphasizes tax, nonprofit, and health care law. His clients include national hospital systems, research organizations, private foundations, colleges, universities, associations, social welfare organizations, PACs, and governmental entities.
Clients turn to Thomas for:
- Qualification for tax exemption
- Joint ventures of nonprofit and for profit entities
- Nonprofit governance issues
- Compliance with private foundation rules
- Unrelated business income planning
- Fundraising programs
- For-profit subsidiary planning
- Public charity qualification, including the use of supporting organizations
Thomas’ practice also involves planning for integrated delivery systems, joint ventures, and medical service organizations, as well as planning to avoiding private inurement/intermediate sanctions and structuring mergers and acquisitions.
A recognized expert in his areas of emphasis, Thomas is a frequent writer and speaker on nonprofit law topics. Three of his many publications include co-authoring the Tax Management Portfolio’s “Private Foundations – Distributions (Sec. 4942)” published by the Bureau of National Affairs; co-authoring "The New Form 990: Law and Policy Preparation;” and co-authoring "Nonprofit Law for Colleges and Universities Essential Questions and Answers for Officers, Directors and Advisors."