{"iri":"https://folio.openlegalstandard.org/RBFQCPcpMnfZ25UzTt5k770","label":"Non-Profit Formation Practice","sub_class_of":["https://folio.openlegalstandard.org/RCbyTWtFSAZ87yEK8J1VaD"],"parent_class_of":[],"is_defined_by":null,"see_also":["https://folio.openlegalstandard.org/R8DxS7r88L9RGxTlMebfGWw","https://folio.openlegalstandard.org/RC8ZW78CVmvN49ghCbbISlJ"],"comment":"From LIST: Legal Issues Taxonomy — https://taxonomy.legal/","deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"Nonprofit formation practice refers to the legal service where lawyers assist in establishing nonprofit organizations, guiding clients through aspects like drafting bylaws, filing for tax-exempt status, and ensuring compliance with state and federal laws. This specialized legal service aims to create a compliant and effective organizational structure that meets the client's charitable, educational, or social objectives.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}