Final Regulations: Charitable Fundraising Platforms and Platform Charities

On March 24, 2024, California approved final regulations governing charitable fundraising platforms and platform charities. These regulations implement Assembly Bill No. 488 (AB 488), an act that generally went into effect on January 1, 2023. The act requires certain entities to register with and to file registration forms, reports,...

Purpose-Driven Board Leadership and Climate Change

Governance and climate change. More attention is being given to the interplay of these seemingly unrelated issues, including at the upcoming 2024 Stanford Social Innovation Review Nonprofit Management Institute – What’s Next for the Social Sector? This year’s conference, taking place on September 17-18, is organized as a hybrid, allowing...

Upswell 2023: Decline of Nonprofit Advocacy & Public Engagement

Independent Sector commissioned research to fill a 20-year gap in data around nonprofit advocacy and civic engagement (i.e., nonpartisan voter engagement) activities through a nationally representative quantitative survey and complementary qualitative interviews of nonprofit institutions. The research, was presented in a workshop at Upswell 2023. Workshop/Report Highlights Nonprofits today...

Fiscal Sponsorship & Proposed DAF Regs?

A donor advised fund (“DAF”) is generally defined in Section 4966(d)(2)(A) of the Internal Revenue Code as a fund or account On November 13, 2023, the Internal Revenue Service and Treasury Department released proposed regulations on DAFs (the “Proposed Regs”) which has attracted a number of comments and criticisms, including with...