Andras Kosaras represents domestic and international tax-exempt organizations on a broad range of regulatory, transactional and operational matters, including structuring domestic and international programs, grantmaking, and business ventures. He also represents individuals and corporate donors on charitable giving. In addition, working with the firm's legislative team, Mr. Kosaras monitors and provides advice on legislative and regulatory tax proposals affecting tax-exempt organizations.

He advises exempt organizations on executive compensation, private foundation rules, unrelated business income tax, mergers, joint ventures and the establishment of for-profit subsidiaries, as well as on managing investments and endowments, including mission- and program-related investments. He advises exempt organizations involved in tax and governance controversies, including internal investigations, disputes over charitable gifts and gift restrictions, internal investigations, and examinations by the IRS and state charity regulators.

He advises a broad range of exempt organizations, including public charities, private foundations, medical research organizations, donor advised funds, supporting organizations, community foundations, and fiscal sponsors.

He regularly speaks at programs for tax-exempt organizations.

Prior to joining the firm, Mr. Kosaras was an in-house attorney at the Council on Foundations in Washington, DC, and the director of a multiyear grant project to implement the Council's program on governance and accountability practices for grantmakers. He also spent two years as a research assistant at Harvard University's Hauser Center for Nonprofit Organizations, assisting Marion R. Fremont-Smith in the completion of her book, "Governing Nonprofit Organizations: Federal and State Law and Regulation" (Harvard University Belknap Press 2004).

Experience

  • Public charity in establishing international operations, including compliance policies for private and government funding.
  • Private foundation in an internal investigation and governance and management dispute among directors.
  • Public charity in structuring and operating fiscal sponsor programs.
  • Public charity, with an international affiliate, in structuring and operating impact investing programs internationally.
  • Private foundation in an IRS and state attorney general audit of trustee compensation.

  • Donors in connection with US$75 million gift to help fund a public hospital's critical equipment and technology for new acute care and trauma center and to develop a public health campaign.

Perspectives

Small Foundation and the New Administration: State & Federal Laws to Watch
Exponent Philanthropy & Philanthropy Network Greater Philadelphia, Philadelphia
A Charitable Gift Receipt Is Worth a Lot More Than the Paper it Is Written on—Tax Court Denies $64 Million Deduction Due to Defective Donation Acknowledgment
Private Client Services Newsletter
Restricted Gifts and Foundation Payout and Life and The Foundation Payout Debate: Comparative Perspectives on Distribution, Perpetuity and the Role of Foundations
Moderator/Discussant, ARNOVA (Association for Research on Nonprofit Organizations and Voluntary Action), Washington, DC
Next Gen Fellows Program: Private Foundation Overview
Exponent Philanthropy, Washington, DC
Donations of Appreciated Stock to Social Welfare and Political Organizations
Arnold & Porter's Private Client Services Newsletter
More

Credentials

Education
  • JD, New England School of Law, 2001, magna cum laude
  • BA, Philosophy, University of Massachusetts Amherst, 1998, summa cum laude
Admissions
  • District of Columbia
  • Massachusetts
Activities
  • Member, Exempt Organization Committee of the American Bar Association's Tax Section

  • Member, Board of Directors (and Audit Committee), BBB Wise Giving Alliance

Overview

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