Bill Culbertson is a tax lawyer who focuses his practice on advising tax-exempt organizations on various governance, tax planning and operational issues. He also provides advice to individuals and tax-exempt organizations regarding charitable contribution and planned giving matters.
Bill has extensive experience with private foundations—particularly family foundations and company-related private foundations. He has assisted private foundations with addressing various issues related to self-dealing, domestic and international grant making, scholarships, program-related investments, excess business holdings, jeopardizing investments and taxable expenditures.
Bill has advised numerous public charities on a variety of issues, including issues involving the excess benefit transactions rules, structuring joint ventures and complex organizations, as well as compliance with lobbying limitations and the political campaign prohibition. He regularly prepares and files exemption applications for various types of public charities, including churches, hospitals, faculty practice plans, schools and other educational organizations, publicly supported organizations and supporting organizations. Bill also has wide-ranging experience with private inurement and private benefit issues, fiduciary duty questions and unrelated business taxable income matters.
Bill has worked with and advises other tax-exempt organizations, including private operating foundations, social welfare organizations, social clubs, business leagues and cemetery companies.
As a former planned giving officer at a large hospital system, Bill has broad experience with charitable planning. He counsels individuals and tax-exempt organizations on contribution and planned giving matters, including charitable gift annuities, donor advised funds, charitable remainder trusts, pooled income funds, charitable lead trusts and other sophisticated charitable giving techniques. Bill also provides advice regarding development strategies; annual, capital and endowment campaign structures; and the Uniform Prudent Management of Institutional Funds Act.
Bill has written and lectured on tax-exempt organization and charitable giving issues, including articles appearing in the Probate Law Journal of Ohio and presentations before the Cleveland Estate Planning Institute, The Columbus Foundation and various planned giving councils and other organizations.
Bill is a member of the American, Ohio State and Cleveland Metropolitan Bar Associations.
4/18/2013 - Health Law Update—April 18, 2013
7/19/2012 - Health Law Update—July 19, 2012
3/1/2012 - Health Law Update—March 1, 2012