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Clay Grayson

Recognized by Best Lawyers in the categories of “Nonprofit/ Charities Law” and “Business Organizations (including LLCs and Partnerships),” and more recently recognized as the 2024 Lawyer of the Year in the category of Business Organizations in the market he serves, Clay M. Grayson has built a law firm dedicated to providing external general and special counsel services to nonprofit organizations.

Clay has extensive experience in federal taxation of exempt organizations, not-for-profit corporate governance, public-private partnerships, executive compensation, unrelated business income tax, excess benefit transactions, charitable and planned giving, and joint ventures. A significant amount of his practice is dedicated to foundations that support universities, colleges, and schools, including endowment foundations, research foundations, real estate foundations, alumni associations, and athletic booster clubs.

In addition to his J.D., Clay has a Masters in International Business Studies from the University of South Carolina, and an L.L.M. in Taxation from New York University. Prior to the practice of law, Mr. Grayson worked in the marketing department of the Italian subsidiary of Merck Pharmaceuticals, where he assisted in the launch of new products in Europe.

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