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Organization will benefit disadvantaged women and girls
CHICAGO – Levenfeld Pearlstein LLC is pleased to have represented, pro bono, the Women's National Basketball Association's (WNBA) Chicago Sky franchise in the recent formation of Chicago Sky Cares, a tax-exempt charity intended to help disadvantaged women and girls. Michael J. Tuchman, head of the firm’s Taxation Service Group, acted as counsel to the Chicago Sky in this matter.
Chicago Sky Cares is a not-for-profit corporation that serves as the charitable arm of the Chicago Sky. Chicago Sky Cares seeks to raise funds to invest in programs that assist in building self-esteem, leadership and independence among women and girls. The goal is to provide girls-in need with role models, mentors, educators and coaches who model and teach positive life habits that they may carry into their adult lives and into their schools and communities, enabling them to become forces for positive social change. Chicago Sky Cares will engage in activities and experiences that give women and girls the confidence to follow their dreams via independence, leadership, teamwork and healthy lifestyles.
"We are pleased to have assisted the Sky in setting up this very important charitable organization," said Mr. Tuchman. “The Sky is clearly committed to bettering the community in which they operate and we are proud to have played a role in helping them to achieve their goals."
In advising the Chicago Sky in the formation of Chicago Sky Cares, Levenfeld Pearlstein set up the charity as a not-for-profit organization with the State of Illinois, coordinated the process of applying for the organization’s tax-exempt status with the IRS, and worked with team management to formulate the charity’s business plan.
****** About Levenfeld Pearlstein, LLC: Founded in 1999, Levenfeld Pearlstein, LLC (lp.productiveedge.com) provides outstanding legal counsel and business advice to sophisticated clients in matters involving corporate and securities law, real estate, and litigation. With more than 75 attorneys and offices in Chicago and Northbrook, Ill., the firm possesses the resources and depth to manage the most complex matters, while ensuring that the needs of all clients are met in the most efficient and cost-effective manner possible.