Email PageNonprofit Finance
Haynsworth Sinkler Boyd regularly assists nonprofit organizations in structuring creative financing mechanisms, using private and public funds and New Market Tax Credits, to provide colleges and universities with classrooms, student housing and parking garages; healthcare providers with their capital improvement matters; charter schools and YMCA’s with community facilities, and public/private partnerships seeking to better their communities through establishing and improving cultural facilities.
RECENT MATTERS
- Restructured debt profile of hospitals having auction rate securities into letter of credit-backed bonds due to changes in the financial market and bond insurer downgrades.
- Assisted the foundation of a large university and a nonprofit corporation in financing a new business school through a public bond issue supported by lease payments.
- Assisted in the financing of the first facility within the State to be used jointly by a technical college and a public charter school.
- Structured the first financing within the State of a children’s museum using New Market Tax Credits.
- Created a cultural center financing to serve nine different arts organizations payable from pledges from a capital campaign.
- Crafted the first financing for a history museum, arts museum, children’s museum, and symphony using accommodations tax receipts to augment capital campaign funds for each facility.
RELATED PEOPLE
Nonprofit Finance