Jennifer Reedstrom BishopGray Plant Mooty
Jennifer Reedstrom Bishop has worked exclusively with nonprofit organizations for over twenty years. From serving as outside general counsel to large academic-related foundations and private foundations, to assisting start-up nonprofits and religious organizations, her practice spans the spectrum of the nonprofit sector. Jennifer regularly counsels charities on accepting complex and unusual charitable gifts, such as LLC or closely held stock, as well as acceptable gift restrictions and donor involvement. She has unique expertise in permissible restrictions on scholarships, including those which might be limited under Title VI and Title IX. She is expert on all issues facing nonprofits from mergers and acquisitions, joint ventures, and restructuring affiliated structures, to governance matters such as conflict of interest, intermediate sanctions, public charity status, and private foundation issues.
Jennifers practice also includes the health care sector and she regularly advises physicians, hospitals, clinics, and other health care entities on negotiating the complex health regulatory environment. She also provides advice on joint ventures, affiliations, medical staff matters, contracting, tax-exemption matters, and a variety of business planning topics. She is chair of the Gray Plant Mooty Health Law & Nonprofit Organizations Practice Group, which provides legal services to many health care providers and nonprofit organizations throughout the region. Jennifer also serves on the firm’s Board of Directors.
Serves as outside general counsel to sole university-related foundation of public land grant university focusing on corporate governance, corporate and unusual gifts.
Provides counsel on charitable purpose and restricted gift issues
Advises public charities, private foundations and trade associations on nonprofit corporation governance including conflicts of interest, fiduciary responsibilities and intermediate sanction issues as well as community board requirements, private benefit issues, and reasonable compensation
Represents nonprofits on issues related to formation and retaining federal tax-exempt status including public charity classification, unrelated business taxable income, and tax-exempt bond financing issues including private use of bond facilities and management contract issues
Serves as outside general counsel to academic medical center faculty practice numbering approximately 900 physician members. Structures health care affiliations, collaborations and joint ventures including ventures between tax-exempt hospitals and for-profit physician groups.
Provides advice to physicians and hospitals regarding physician recruitment and physician compensation issues
Counsels hospitals, clinics, and physicians on issues related to Medicare/Medicaid laws and regulations including Stark, fraud and abuse, and reimbursement.