OCI Legal Structure Discussion
This week we met with attorney Don Krahmer and two of his colleagues at Schwabe Williamson & Wyatt. Don is a master at helping to create and foster economic development-related initiatives in Oregon, and fortunately for me is also a long-time and valued friend. He is very community-minded and a valuable asset for our state.
I wanted to talk to Don about the best legal structure for the public-private partnership that we plan to create with Oregon Creative Industries. It was a great discussion, with lots of questions thrown at us and some input on how we might proceed.
The meeting helped to confirm what I had been thinking: that OCI should be structured as a 501(c)(6) tax-exempt entity. I have already formed two previous tax-exempt organizations–the Internet Strategy Forum is a 501(c)(6) and Keeping the Beat is a 501(c)(3)–so I’m getting comfortable with the process.
We plan to start on the paperwork after the first of the year and in the meantime have launched the domain name “oregoncreative.org” for the entity.
Entry filed under: Origins.