David C. Ulich

David Ulich is a partner of the law firm of Sheppard, Mullin, Richter & Hampton LLP and is Team Leader of the firm's Non Profit Sector Team which was named Non-Profit Sector Law Firm of the Year in California.

Areas of Practice

David provides general business and tax advice to educational, public and religious charities such as Childhelp USA, the American Film Institute, the Annenberg Foundation, Aids Project Los Angeles, Catholic Charities of Los Angeles, Mission Without Borders, Foundation for Global Sports Development and others. His work includes: (i) preparing applications on behalf of these Not-for-Profit entities for tax exemptions and non-profit status under federal and state tax guidelines; (ii) giving ongoing advice to prevent jeopardizing their non-profit status; (iii) helping non-profits to joint venture on projects with other non-profits as well as for profit entities; (iv) dealing with excess benefit and private inurement issues; (v) handling all aspects of unrelated business taxation issues; (vi) drafting donation and sponsorship agreements; (vii)providing guidance on non-profit governance and appropriate director and officer conduct, including compliance and disclosure issues; and (viii) reviewing Director & Officers liability and insurance issues.

David is actively involved with a non-profit organization, Foundation for Global Sports Development, that works closely with the International Olympic Committee and a variety of International Sports Federations on global sports development projects. David was also actively involved in researching the use of performance-enhancing substances by former East German athletes and contributed to a book on the subject called Faust's Gold.

David has extensive experience in the structuring of corporate reorganizations, including mergers, stock for stock exchanges, corporate spin-offs and shareholder redemptions, as well as the tax treatment of "S" corporations. He has handled all aspects of partnership and limited liability company taxation including formation and dissolution of partnerships and LLC's, drafting partnership and LLC agreements, merging of partnerships and tax treatment of partners, and LLC members in transactions with their companies.  

Experience

Representative Foundation/Non-Profit Clients

All American Motorsports Foundation
American Film Institute
The Angus Mitchell Foundation
The Annenberg Foundation
British Academy of Film & Television
Catholic Charities of Los Angeles
Central Hollywood Coalition
Childhelp USA
Childhelp-Great Tomorrow
Harry and Judith Collins Foundation
Christian Broadcasting Network
Commerce of Concerned Christians
Cottonwood Christian Center
The Disc Foundation
Discovery Fund for Eye Research
Foundation for Global Sports Development-Board Member/Officer
Frank & Janet Foster Foundation
Generosity Water, Inc.
Glory Tabernacle Metropolitan Church
The Hale Foundation
The Healing Channel
Herbalife Nutrition Institute
Humane America Foundation
International Surfing Association Foundation
B.K. Kee Foundation
Kiang Family Foundation
Knowles Family Foundation
Lancelot Foundation
La Valencia Hotel Employees Scholarship Foundation
Leonard Schwartzman Foundation
Lew Wasserman Scholarship Foundation
Life Be In It
Lifeline Partners Foundation
The Little Chapel
The Ann and George Lopez Foundation
Los Angeles Sephardic Home For the Aging
Los Angeles Tennis Club
The Kim and Harold Louis Family Foundation
Lusardi Foundation
Taylor and Diane Miller Family Foundation
Mission Without Borders
Noreen Fraser Foundation
1-800-Save-A-Pet
OnPoint Technologies, Inc.
George A. Pflaum Foundation
Polo Ralph Lauren Foundation
Project Concern International
Province of St. Augustine of California
Skechers Foundation
Sojourn Care Foundation
Temple Judea
365 Birthdays
United Church of God
Watts Health Foundation, Inc.
We Care For Kids, Inc.
The Kevin Wendle Foundation
The Yanks Air Museum 

Honors

Non-Profit Sector Attorney of the Year in California, Global Law Experts, 2015

Articles

Art Law Blog Posts

• "The Art of Making Donations," March 18, 2009 

Corporate & Securities Law Blog Posts

• "IRS Issues New Guidance to Private Foundations on Program Related Investments," May 14, 2012

Media Mentions

Memberships

Advisory Committee Member, University of Pennsylvania Blue Ribbon Panel to Investigate the Abuses of Larry Nassar

Member, International Fair Play Committee Council

Member, 2028 Olympic Bid Committee

Board of Directors, Los Angeles Sport Counsel

Board of Directors, The Los Angeles Sports Counsel Foundation

Board of Directors, Southern California Committee for the Olympic Games

Member, American Bar Association Subcommittee on Partnership Taxation

Adjunct member, American Bar Association Subcommittee on Corporate Taxation

Board of Directors, Terralex, an international referral service for law firms

Lecturer, University of Southern California Masters Tax Program, where he taught classes on the Taxation of Corporations and Shareholders

Board of Directors, several non-profit foundations