501(c)(3) organizations play a critical role in communities in Colorado and across the country. They offer vital services in education, healthcare, social welfare, and beyond. However, while their missions are impactful, securing the funding necessary to support operations can be a significant challenge. Traditional funding sources are often limited, leaving nonprofits in need of creative financing solutions.
Attorneys at Casey Parrot LLC have over 20 years experience helping nonprofits through every step of securing financing while maintaining their tax-exempt status. Serving as underwriter’s counsel, bond counsel, disclosure counsel and tax counsel, our attorneys have helped 501(c)(3) organizations use a variety of funding mechanisms to achieve their goals, including publicly offered and privately placed tax-exempt bonds, grants and public-private partnerships.
Deep Understanding of the Needs of 501(c)(3) Organizations
Nonprofit organizations operate with a mission-driven focus. This commitment is vital to achieving their goals within the community, but it can also create challenges that make securing vital funding difficult. The need for innovative, forward-thinking financing solutions is clear. Tools such as tax-exempt bonds, grants, and partnerships offer nonprofits a way to secure reliable funding while aligning with their goals. At Casey Parrot LLC, we help the financing team identify and implement these strategies.
Representative Projects
Representative matters for which our attorneys have recently served as underwriter, tax or bond counsel as part of the financing team at prior firms include:
- $47,000,000 Colorado Educational and Cultural Facilities Authority Revenue Notes (Denver Art Museum), Series 2018
- $16,800,000 The Delaware Economic Development Authority Revenue Bond (Exceptional Care for Children Project) Series 2024
- $7,140,000 Colorado Educational and Cultural Facilities Authority Charter School Revenue Bonds (Independence Academy Project) Series 2024A and Federally Taxable Series 2024B
- Up to $13,000,000 Public Finance Authority (Valley Hoppe Association Project) Revenue Bond Series 2021