Andrew M. Grumet focuses his work in the areas of charitable giving, philanthropy and the general representation of domestic and international tax-exempt organizations.
Andrew works with a wide range of organizations, from domestic and international family foundations to public charities, schools, supporting organizations, museums, hospitals, religious organizations, community trusts and donor advised funds, trade associations, social clubs and social welfare organizations.
He counsels organizations on formation and organizational structuring, compensation and excess benefit/self-dealing advice, corporate governance, fundraising and state solicitation regulatory matters. Andrew also advises them on corporate policies, UBTI issues and investments, including impact investments, PRIs and MRIs, establishment and modification of endowments and restricted funds, fiduciary duties, domestic and international grantmaking, tax and financial reporting, planned giving and special events.
He is frequently quoted on issues affecting nonprofit organizations and has appeared in publications such as The Chronicle of Philanthropy, TIME, The International Herald Tribune, The New York Times, and The Wall Street Journal. A selection of recent media appearances follows.
- "IRS Flag on Some Land Conservation Deals Would Be ‘Chilling'," quoted, Bloomberg BNA, November 25, 2016.
- "De Blasio Parks Stance Unsettles Some," quoted, The Wall Street Journal, October 13, 2013.
- "New York City Opera Closing Its Doors," quoted, The Wall Street Journal, October 3, 2013.
- "Reports the IRS Targeted Conservative Groups," Fox Business News, May 13, 2013.
- "Oversight of Veterans Charity Is Questioned," quoted, The Wall Street Journal, March 18, 2013.
- "A Sister’s Death Inspires the Birth of a Nonprofit Group," quoted, DailyWorth, March 8, 2013.
- "Lance Armstrong’s Woes Haven’t Dampened Livestrong’s Fundraising So Far, Says CEO," quoted, The Chronicle of Philanthropy, October 24, 2012.
- "Ethically Blindsided?" quoted, Association of Fundraising Professionals' Advancing Philanthropy, March/April 2012.
Andrew has extensive experience assisting domestic and international tax-exempt organizations with their legal needs. His representative matters include:
- Regularly provides advice and regulatory compliance services with respect to state solicitation laws and registration requirements, both initial and renewal, for numerous public charities with fundraising activities across the U.S.
- Regularly provides continuing education to board members, officers, staff and volunteers regarding best practices, fiduciary duties, legal developments, trends and techniques
- Regularly provides organizational audits of charities to assess not only financial strengths and deficiencies, but to determine the effectiveness of a charity's operations and regulatory compliance
- Serve as outside general counsel to one of the largest donor advised funds in the U.S.
- Worked on a transaction for a museum that included one of the largest art acquisitions in history
- Formed and acted as general counsel to numerous fundraising organizations raising funds for use in foreign countries
- Provided advice to national medical service organizations regarding excess benefit transactions with executive director
- Served as outside general counsel to national charity and individual state chapters in each state providing pooled special needs trust services to individuals
- Served as counsel and general architect in the design, implementation and operation of a first of its kind joint venture among three large social service agencies in a major U.S. city. This project culminated in the formation of a new charity to serve as a joint planned giving fundraising organization for the benefit of the participating social service agencies
- Assisted local, regional and national charities in the establishment of planned giving and major gift programs, including the creation of charitable gift annuity programs, pooled income funds and captive donor advised funds. These engagements often included assisting charities in establishing fundraising committees, appropriate gift acceptance policies and donor confidentiality policies, donor recognition and stewardship plans, as well as print, electronic and website based donor solicitation materials.
- New Jersey
- New York
- Villanova University School of Law, LL.M., Taxation
- Quinnipiac University School of Law, J.D.
- Syracuse University, B.A.
- U.S. District Court, District of New Jersey
- U.S. District Court, Southern District of New York
- U.S. Tax Court