Edwards Wildman Palmer LLP

Andrew M. Grumet Edwards Wildman Palmer LLP Partner New York Tel 212.912.2753 Fax 888.325.9225 Download VCard

Andrew M. Grumet concentrates his practice in the representation of domestic and international tax-exempt organizations, charitable giving and philanthropy. He has represented, among others, organizations ranging 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. Mr. Grumet regularly counsels organizations with respect to issues regarding formation and organizational structuring, compensation and excess benefit/self-dealing advice, corporate governance, fundraising and state solicitation regulatory matters, corporate policies, UBTI issues and investments, establishment and modification of endowments and restricted funds, fiduciary duties, domestic and international grantmaking, tax and financial reporting, planned giving and special events.

Mr. Grumet is frequently consulted by media outlets with respect to issues affecting nonprofit organizations. He has appeared in publications such as The Chronicle of Philanthropy, TIME magazine, the International Herald Tribune, the New York Times, and The Wall Street Journal, among others.

• 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 fund 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.

Media

• "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.
  
  
• "For 92nd St. Y, a Break From Wall St. Worry," quoted, Dealbook, The New York Times, November 29, 2011.
  
  
• "Charitable giving in US rebounds a bit after drop," mentioned, The Associated Press, June 20, 2011.
  
  
• "Organizations May Apply To Regain Tax-Exempt Status After Automatic Revocation; Small Exempts Eligible For Transitional Relief," quoted, Standard Federal Tax Reports, Vol. 98, Issue No. 25, Report 25, June 16, 2011.
  
  
• "Boys Club Takes Its Lumps," quoted, Wall Street Journal, April 15, 2011.
  
  
• "Mass. Data Privacy Rules Could Affect How Charities Nationwide Do Business," quoted, The Chronicle of Philanthropy, March 7, 2010.
  
  
• "GETTING PERSONAL: Nonprofits Increase ‘Gift Tax’ on Donors," Dow Jones Newswires, April 6, 2009.
  
  
• "GETTING PERSONAL: Madoff Tax Fallout Could Touch Charities," Dow Jones Newswires, March 18, 2009.
  
  
• "Battered Nonprofits Seek to Tap Their Nest Eggs," The Wall Street Journal, pA5, February 11, 2009.
  
  
• GETTING PERSONAL: Nonprofits Revisit Investment Strategies, Dow Jones Newswires, December 16, 2008.
  
  
• "Princeton settles battle over millions", quoted, Newark Star Ledger, December 11, 2008.
  
  
• "States lift restrictions on spending by endowments," quoted, Investment News, April 7, 2008.
  
  
• "Nonprofits easy targets for thievery," quoted, The San Diego Union Tribune, August 26, 2007.
  
  
• "Bad Consultant Confidential," quoted, The Chronicle of Philanthropy, April 19, 2007.
  
  
• "How Charities Can Get What They Want When They Hire Fund-Raising Consultants," quoted, The Chronicle of Philanthropy, April 19, 2007.
  
  
• "Giving Back: An Investment with Meaning," quoted, Time magazine, March 29, 2007.
  
  
• "Welcome to the Museum of My Stuff," quoted, The New York Times, February 18, 2007.
  
  
• "When Private Collectors Go Public," quoted, International Herald Tribune, February 16, 2007.
  
  
• "Burning Questions," quoted, The Star Ledger, December 1, 2006.

Speaking Engagements

• "Giving USA 2011: The Annual Report on Philanthropy for the Year 2010," host and speaker, New York, New York, June 20, 2011.
  
  
• "Collaboration in the Non-Profit World," panelist, New York, New York, June 8, 2011.
  
  
• "Charitable Giving and Issues After Tax Reform Act of 2010," speaker, New Jersey Society of Certified Public Accountants (NJSCPA) Estate Planning Conference, West Orange, New Jersey, May 8, 2011.
   
• "Philanthropy Today: The Use of Philanthropy in Your Client’s Estate and Wealth Planning," guest speaker, New York, New York, May 3, 2011.
  
  
• "How to Raise Money for Your VC Fund from Non-Profits in 2011," moderator, ExecSense Webinars, April 12, 2011.
  
  
• "Risk Management for Volunteer Programs," facilitator, Support Center for Nonprofit Management, New York, New York, March 8, 2011.
  
  
• "Preparing Gift Acceptance Policies," speaker, Gift Planning Council of New Jersey, Hightstown, New Jersey, February 28, 2011.
  
  
• "Tax Planning Techniques for Professionals for 2011," panelist, Summit Area YMCA, Summit, New Jersey, February 24, 2011.
  
  
• "Collaboration in the Non-Profit World," speaker, February 2, 2011.
  
  
• "Nonprofits in 2011:  The 10 Things You Don't Know That Can Hurt You," speaker, National Constitution Center Audio Conference, January 12, 2011.
  
  
• "What Does Privacy Law and Data Security Have to Do with Nonprofits?" presenter, Edwards Angell Palmer & Dodge Webinar, November 9, 2010.
  
  
• "Are You Leaving Money on the Table: Everything a Tax-Exempt Organization Needs to Know About New Markets Tax Credits," presenter, Edwards Angell Palmer & Dodge Webinar, September 14, 2010.
  
  
• "Giving USA's Annual Report on Philanthropy for the Year 2009," host and speaker, New York, New York, June 9, 2010.
  
  
• "Advocacy and Lobbying Rules and Regulations for Nonprofits," Support Center for Nonprofit Management, New York, May 4, 2010.
  
  
• "Nonprofits and the Operation: An Introduction and a Refresher," Nonprofit Helpdesk: City Council Capacity Building and Compliance Training, New York, New York, April 14, 2010.
  
  
• "The Ethics of Fundraising," Support Center for Nonprofit Management, New York, New York, October 14, 2009.
  
  
• "Risk Management for Volunteer Programs," Support Center for Nonprofit Management, New York, New York, September 22, 2009.
  
  
• "Legal Issues Overview," Support Center for Nonprofit Management, New York, New York, August 12, 2009.
  
  
• "Nonprofit Governance," Nonprofit Helpdesk Workshop Series for DYCD Discretionary Staff Unit, New York, New York, April 20, 2009.
  
  
• "Financial and Organizational Literacy for Nonprofit Boards and Executive Directors and the New 990," Mental Health America Affiliate Training, Webinar, March 24, 2009.
  
  
• "A Roadmap to Building a Successful Planned Giving Program," MidAtlantic Association of Museums, Washington, D.C., October 27, 2008.
  
  
• "A Roadmap for Board Responsibility," Staten Island Economic Development Corporation, Staten Island, New York, May 5, 2008.
  
  
• "Financial and Organizational Literacy for Nonprofit Boards and Executive Directors," Mental Health America Affiliate Training, Webinar, March 19, 2009.
  
  
• "Introduction to the Nonprofit Sector," Nonprofit Helpdesk Workshop Series for DYCD Discretionary Staff Unit, New York, New York, February 23, 2009.
  
  
• "Protect Yourself: A Primer on Guidelines and Policies," Support Center for Nonprofit Management, New York, New York, January 31, 2008.
  
  
• "What You Don't Know Can Hurt You," 2007 Equal Justice Conference, American Bar Association and National Legal Aid and Defender Association, Denver, Colorado, March 22, 2007.
  
  
• "Protecting Your Non-Profit: The Who, What, Where, Why and How of Corporate Policies," CLE Now!, American Bar Association, online audio presentation, March 2007.
  
  
• "How Do I Offer Planned Giving Like the Big Shops," Co-Presenter, Association of Fundraising Professionals of New Jersey, Edison, New Jersey, September 14, 2006.
  
  
• "Getting Your Financial House in Order," Co-Presenter, National Mental Health Association Affiliate Training Conference, Charleston, South Carolina, September 7, 2006.
  
  
• "Preparing the 990 and NY Renewal Registration Forms," Support Center for Nonprofit Management, New York, New York, June 22, 2006.
  
  
• "Organizational Preparedness: Everyone Else Is Checking, Are You?," 2006 NMHA Annual Meeting, National Mental Health Association, Washington D.C., June 9, 2006.
  
  
• "When Three Roads Collide and Form a Highway: Collaborating to Close a Mega-Gift," Co- Presenter, 10th Annual Conference, Gift Planning Council of New Jersey, New Brunswick, New Jersey, May 25, 2006.
  
  
• "What Donors Want: A Menu of Options," Annual Conference of the Planned Giving Group of New England, Boston, Massachusetts, May 10, 2006.
  
  
• "What You Don't Know Can Hurt You," 2006 Equal Justice Conference, American Bar Association and National Legal Aid and Defender Association, Philadelphia, Pennsylvania, March 30, 2006.
  
  
• "Nonprofit Accountability: Why Should I Care?, What Should I Know?," Association of Fundraising Professionals of New Jersey, Edison, New Jersey, March 2, 2006.
  
  
• "Tax 1: Tax Forms," Nonprofit Helpdesk, Brooklyn, New York, March 1, 2006.
  
  
• "Working with Professionals: The Good, the Bad and the Ugly," Association of Fundraising Professionals of New Jersey, Edison, New Jersey, January 5, 2006.

Publications

• "Cause Marketing Done Right," author, The Corporate Board, March/April 2013.
  
  
• “321,391 Nonprofits Scheduled to Lose Their Tax Exemption,” co-author, Edwards Angell Palmer & Dodge Client Advisory, September 2010.

• More Publications...