Corinne M. Antley

Corinne Antley leads the exempt organizations practice at Dow Lohnes PLLC, where she is a Member of the Firm. Ms. Antley represents a diverse group of tax-exempt organizations with an emphasis on private foundations, higher education institutions and associations, and public charities of all types. She advises business executives, professional athletes, and other high net worth individuals regarding the formation, funding and operation of charitable foundations and trusts, as well as other philanthropic and wealth transfer issues. Recently, she has been advising several news organizations regarding the feasibility of securing tax-exempt status. Ms. Antley's specialties include forming and securing tax exemption for nonprofit entities and structuring asset transfers and joint ventures between exempt and non-exempt entities. She advises clients on a day-to-day basis about entity restructuring, conflicts of interest and nonprofit director liability, UBIT, lobbying limits, and compliance with federal, state and local operational and reporting requirements. She also assists clients in obtaining IRS rulings and defending tax audits.

Ms. Antley has written about tax-exempt organizations and other tax issues for various publications. She also has testified at Treasury Department hearings and addressed numerous nonprofit organizations on exempt organizations issues.

Representative Matters

Transactions Involving Exempt Organizations 

• Advised a private university on the $200 million sale of its on-line division 
• Advised numerous for-profit investment groups regarding the acquisition of the assets of nonprofit, tax-exempt higher education institutions 
• Advised a charitable organization regarding an affiliate’s acquisition of a daily newspaper 
• Advised a private university regarding the acquisition of a nonprofit medical school

Operational Matters Involving Exempt Organizations

• Structured a multi-tiered relationship for a Section 509(a)(3) supporting organization with multiple supported organizations and a for-profit subsidiary 
• Secured an IRS private letter ruling authorizing a five-year extension of a private foundation’s grace period to dispose of excess business holdings in a public company 
• Assisted private foundation clients with aggregate assets exceeding one billion dollars with mergers, spin-offs, and charitable grant-making 
• Assisted higher education-related organizations with the creation of supporting organizations and affiliates