Partner Daniel Kurtz, chair of Pryor Cashman's Nonprofit + Tax-Exempt Organizations Group, spoke to The Washington Post about recently released filings submitted by the National Rifle Association (NRA). The newly filed tax documents note, "current and former executives used the nonprofit group's money for personal benefit and enrichment." The revelation is especially notable after New York State Attorney General Letitia James announced her lawsuit against the association in August 2020, alleging organizational misuse of funds. News of the tax documentation was covered in detail in The Washington Post. Kurtz is quoted in the below-linked article as follows:
New York lawyer and expert on nonprofits Daniel Kurtz said, "It's a smart move by the NRA instead of digging in their heels, though who knows how they came up with the numbers. It's an admission of wrongdoing, for sure."
With his diverse background as a corporate lawyer, civil prosecutor, and leading governance authority, Daniel Kurtz has earned a national reputation for servicing his nonprofit clients' full range of needs.
Kurtz acts as general counsel to many of his clients and as principal outside counsel to others, advising on corporate and governance issues; sponsorship and charitable fundraising opportunities; endowment administration and investment; indemnification; charitable solicitation laws; along with an array of exempt organization tax issues. Further, Kurtz represents nonprofit clients in litigation matters, particularly those involving governance and fiduciary responsibility issues. He has conducted numerous internal investigations and handled litigations brought by civil enforcement and regulatory authorities, playing a key role in many groundbreaking cases in this area.
Read The Washington Post article in full via the below hyperlink.
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