Spotlight
Two early experiences transformed David Newman. He was exposed to the world outside of his life by his mother, an LAUSD educator, who organized a year of educational European travel. And he joined the Boy Scouts where he was introduced to community service by the adult troop leaders, LA firemen, who were the heroes of his economically mixed neighborhood. David became the youngest Eagle Scout in the LA area before he was thirteen (which taught him that if he set a goal, he had a chance of achieving it). His troop was a diverse group of boys, many of whom would have limited opportunities in life, which galvanized his lifelong commitment to social justice.
These lessons have stayed with David throughout his life and career. As a volunteer board member of Santa Monica mental health organization Step Up on Second, he helped configure creative financing for low-income housing with crucial programming space to serve the mentally ill. He went on to co-found New Roads School, with a curricular emphasis on social justice, where he chaired the board of directors for ten years. He was one of the organizers, and continues as pro bono general counsel, of Farhang Foundation, the premier Iranian cultural organization in Southern California. He serves on the board of Abode Communities, a developer of affordable housing, and volunteers at the LA Regional Food Bank because, as a third-generation Angeleno, it makes him crazy that there are residents of a wealthy metropolis who lack shelter and food security. Finally, David is able to work for systematic change to improve Los Angeles as a member of the board of the California Community Foundation.
When he is not serving the charitable sector, you can find David and his wife Mahnaz at museums, public gardens and classical music concerts. And he continues to travel: in the last few years he and Mahnaz have visited every continent except Antarctica.
Experience
Legal Expertise
David Newman represents individuals and families on estate planning and tax planning in connection with investment activities. He advises charitable organizations concerning governance, tax exemption and charitable gift planning programs.
Select institutional clients include:
- UCLA Foundation
- University of California, San Francisco Foundation
- California Institute of Technology
- Los Angeles Philharmonic
- Catalina Island Conservancy
- Claremont McKenna College
- Los Angeles County Museum of Art
- Jewish Community Foundation of Los Angeles
- The San Diego Foundation
Representative Matters
- Provide highly personalized tax and estate planning counsel to families, with some relationships spanning decades into the next generation of those families.
- Work with other advisors in the family office environment to coordinate and implement tax and estate planning with philanthropic objectives, including advisory services to numerous family foundations.
- Routinely represent charitable organizations, their officers and board members in various matters before the California Attorney General, including mergers of nonprofits, executive compensation and benefits, and the acquisition and disposition of assets.
- Represent foundations, donors and charities in negotiation and drafting of gift agreements to establish endowments, construct facilities and fund programs, including provisions covering restrictions on the use of funds, conditions to performance obligations and donor recognition through naming opportunities.
- Serve as lead attorney in the firm's engagement as general counsel to the UCLA Foundation, and advise a large number of other universities, colleges, hospital foundations, museums, environmental groups, social service agencies and other charities on nonprofit corporate governance endowment, fiduciary and gift planning matters.
- Represent charitable organizations and their donors in examinations by the Internal Revenue Service and other taxing authorities
- Prepare and process court petitions on behalf of charitable organization to interpret or modify restrictions placed on gift funds by the donors of those funds.
Honors & Awards
-
Band 3 in Private Wealth Law - Southern California, Chambers High Net Worth Legal Guide (2017, 2023)
- Recognized by Best Lawyers in America© in the fields of:
- Non-Profit/Charities (2007-2025)
- "Lawyer of the Year" (2022, 2025)
- Trusts and Estates (2006-2025)
- Tax Law (2006-2025)
- Non-Profit/Charities (2007-2025)
- "Top 5% of lawyers in Southern California," Southern California Super Lawyers (2004-2024)
- "Distinguished Service Award", Los Angeles Council of Charitable Gift Planners (2017)
- "2015 Los Angeles Non-Profit / Charities Lawyer of the Year," The Best Lawyers in America
- "2013 Los Angeles Tax Law Lawyer of the Year," The Best Lawyers in America
- Leading Lawyers in Not-for-Profit, Legal 500 (2015)
- "Dana Latham Award" for outstanding contributions to the community and legal profession in the field of taxation, Los Angeles County Bar Association Tax Section (2012)
- "Expert in State and Individual Tax Planning," Legal 500 US (2011) and Tax Directors Handbook (2011)
- "Leading California Tax Attorney," Chambers USA (2010-2015)
- "Leading California Tax: Estate Planning Attorney," Chambers USA (2016)
- "Top 100 Attorneys,” Worth Magazine (December 2005)
- AV® Preeminent™ Rating, Martindale-Hubbell
Professional, Business and civic Affiliations
- Board Member, California Community Foundation
- Board Member, Abode Communities
- Fellow, American College of Trust and Estate Counsel
- Former Member, Board of Directors and Executive Committee, American Council on Gift Annuities.
- Former Chair, American Council on Gift Annuities State Regulations Committee.
- President Emeritus of the Board of Trustees, New Roads School
- Former member, Board of Directors and Executive Committee, National Committee of Planned Giving
- Former Chair, Tax Section, Beverly Hills Bar Association
- Former Chair, Tax Section of the Los Angeles County Bar Association
- Former Chair, Tax Section of the Los Angeles County Bar Association committees on foreign tax and tax-exempt organizations
- Former Trustee and member of the Executive Committee, New Visions Foundation
Headlines
Headlines
- August 15, 2024
- January 10, 2024
- Chambers , August 22, 2023
- August 17, 2023
- January 10, 2023
- January 20, 2022
- August 19, 2021
- January 21, 2021
- August 20, 2020
- August 15, 2019
- January 30, 2019
- August 15, 2018
- August 15, 2017
- June 1, 2017
- January 20, 2017
- August 22, 2016
- August 10, 2016
- L.A. Biz, June 28, 2016
- May 31, 2016
- January 20, 2016
- December 24, 2015
- August 2015
- July 2015
- May 2015
- August 2014
- June 2014
- May 2014
- May 27, 2014
- January 2014
- August 15, 2013
- May 2013
- January 2013
- September 15, 2012
- August 24, 2012
- June 25, 2012
- June 18, 2012
- May 15, 2012
- February 18, 2012
- January 26, 2012
- January 23, 2012
- August 31, 2011
- June 10, 2011
- June 9, 2011
- January 25, 2011
- August 19, 2010
- July 6, 2010
- July 1, 2010
- January 26, 2010
- August 3, 2009
- June 12, 2009
- January 30, 2009
- December 30, 2008
- November 21, 2008
- September 17, 2008
- June 17, 2008
- January 30, 2008
- December 28, 2007
- March 29, 2007
- March 20, 2007
- January 3, 2006
Publications
- June 20, 2016
- September 29, 2015
- Daily Journal, October 29, 2014
- The Journal of Gift Planning, August 2009
- Taxation of Exempts, March/April 2009
- A Guide to Donor Advised FundsNovember 2000
- Charitable Giving, Advising California Nonprofit Corporations, Second Edition1998
- Problem Solving With Charitable Gift Annuities1996
- Charitable Gifts of Retirement Plan AssetsMarch 1995
- Coordinating Charitable Gifts of Retirement Plan Assets with Lifetime Distribution RequirementsDecember 1994
- Charitable Gifts of Retirement Plan AssetsJune 1994
- Charitable Remainder Trusts Funded With Encumbered PropertyAugust 1992
- Charitable Remainder Trusts Funded With S Corporation AssetsDecember 1991
- Financial Planning Techniques Using Charitable Gifts1986
Client Alerts
- May 14, 2024
- May 1, 2020
- CARES Act Tax Benefits for Charitable ContributionsApril 10, 2020
- Charitable Organizations May Apply for Forgivable Loans Under the CARES ActApril 3, 2020
- Tax and Employee Benefits Provisions of the CARES ActMarch 26, 2020
- March 18, 2020
- January 9, 2020
- January 2, 2020
- December 23, 2019
- March 28, 2019
- December 19, 2017
- December 11, 2017
- October 2, 2017
- May 15, 2017
- February 23, 2017
- January 3, 2017
- September 8, 2016
- June 27, 2016
- December 2014
- April 29, 2013
- April 2013
- January 2013
- January 23, 2012
- November 21, 2011
- September 12, 2011
- May 9, 2011
- December 20, 2010
- October 2010
- August 2010
- December 2008
- Vol. IX, No. 1 - 2001
- Vol. VIII, No. 1 - 2000
- 2004
- Vol. X, No. 2 - 2002
- April 2001
- 2004
- October 2008
- December 2007
- Vol. XIV, No. 1, 2006
- Vol. XIII, No. 4, 2005
- 2005
- Vol. XIII, No. 2, 2005
- August 21, 2009
- March 2, 2007
- 2000
- 1998
Events & Speaking Engagements
- October 18, 2018
- May 15, 2017
- October 18, 2016
- September 30, 2016
- June 3, 2016
- May 12, 2016
- Gift of Intellectual Property2015
- October 2, 2013
- Jewish Community Foundation of Los Angeles “Meet the Experts” seriesOctober 2013
- May 30, 2013
- May 6, 2013
- October 5, 2012
- September 17, 2012
- Practical Planned Giving ConferenceSeptember 2012
- October 4, 2011
- September 26, 2011
- October 14, 2010
- October 6, 2010
- September 30, 2010
- June 2, 2010
- April 28, 2010
- February 18, 2005
- August 16, 2004
Multimedia
Multimedia
Admissions
- U.S. Tax Court, 1979
- California,1978
Education
New York University School of Law, LL.M. Taxation, 1979
University of California Los Angeles School of Law, J.D., 1977
Claremont McKenna College, B.A., 1973; cum laude