crowdfunding

Crowdfunding Laws: Platform Charities

Published on: by Gene Takagi

In 2021, California passed a new set of laws (referred to as AB 488) regulating charitable crowdfunding that go into effect on January 1, 2023. AB 488 makes changes to the Supervision of Trustees and Fundraisers for Charitable Purposes Act, which governs charitable corporations, unincorporated associations, trustees, commercial fundraisers, fundraising counsel, commercial coventurers, and other […]

California AG’s Guide for Online Charitable Giving

Published on: by Gene Takagi

The Charitable Trusts Section of the California Department of Justice published the Attorney General’s Guide for Online Charitable Giving in July 2019. The Guide consists of four sections: Introduction: How and Where Can You Give to Support Charities Online? Research Before Donating Duties and Best Practices for Charitable Fundraising Platforms Conclusion and Legal Notice For […]

California Charities and Crowdfunding Bill – AB 1539

Published on: by Gene Takagi

California Assembly Bill 1539 (AB 1539), introduced by Assembly Member Jacqui Irwin (D) on February 22, 2019, provides for new laws governing crowdfunding without actually referencing crowdfunding as a defined term. It is the successor to Irwin’s earlier bill, AB 2556, which defined the terms charitable crowdfunding solicitation and charitable crowdfunding solicitor, but died late […]

California Charities and Crowdfunding Bill – AB 2556

Published on: by Gene Takagi

California is considering passage of a crowdfunding bill sponsored by Pay Pal Giving Fund and applicable to charitable organizations and crowdfunding solicitors. The bill, AB 2556, was introduced by Assembly Member Jacqui Irwin on February 15, 2018 and later amended on April 19, 2018. It currently is being held under submission in committee. The legislative […]

NASCO: 50 State Survey on Crowdfunding Regulations

Published on: by Gene Takagi

The National Association of State Charities Officials (NASCO) published Results from 50 State Survey on Regulation of Crowdfunding Activities on October 3, 2017 (download PowerPoint file here). The Survey was designed and distributed to 50 States and the District of Columbia by the NASCO Crowdfunding Working Group convened in 2016. 41 States (including DC) responded. […]

NAAG / NASCO Annual Conference 2017 – Crowdfunding

Published on: by Gene Takagi

This week, the National Association of Attorneys General (NAAG) and National Association of State Charity Officials (NASCO) held their annual meeting and conference in Washington DC. This year’s theme was “The Impact of Technology on Charities Regulation.” The agenda is available here.  National Association of Attorneys General The National Association of Attorneys General (NAAG) was […]

FTC/NASCO Conference on Consumers, Contributions and Charity

Published on: by Gene Takagi

On March 21, 2017, the Federal Trade Commission (FTC) and National Association of State Charity Officials (NASCO) hosted Give & Take: Consumers, Contributions, and Charity, a conference exploring charitable solicitations and consumer protection issues. Americans are among the most generous people in the world, contributing more than $373 billion to charity in 2015. Per capita giving […]

Nonprofit Radio: Crowdfunding Laws

Published on: by Gene Takagi

I’ll be on Nonprofit Radio this Friday at 10:30 am PT / 1:30 pm ET talking with host Tony Martignetti about crowdfunding laws. Catch us live on Talking Alternative or a few days later on iTunes (where you can also find our previous discussion on crowdfunding). Background Information Crowdfunding is defined as “the practice of funding a project or venture by raising many small […]