Kutak Rock attorney Fred Marienthal presented on tax-exempt bond issuances at the 24th Annual Institute on Advising Nonprofit Organizations in Colorado on May 15, 2015. The institute presents an in-depth analysis of legal issues affecting nonprofits. Marienthal’s session focused on tax-exempt 501(c)(3) bonds issued by certain government units to provide financing to nonprofits for capital improvements. The institute is sponsored by the Colorado Bar Association, the Colorado Nonprofit Association and the Colorado Society of Association Executives.

The presentation provided an overview of tax-exempt bond financing for nonprofit organizations under Section 145 of the Internal Revenue Code of 1986. Marienthal discussed when tax-exempt bond financing is available in certain cases, how transactions are structured, and the imposed advantages and limitations.

Marienthal is a partner in Kutak Rock’s Denver office. He focuses his practice on higher education facility financings, conduit private activity bonds, nonprofit facility financings and single-family mortgage revenue bonds. Marienthal routinely serves as bond, disclosure and underwriter’s counsel on tax-exempt bond financings for colleges and universities, charter and independent schools and charitable organizations.