California Regulations: Charitable Fundraising Platforms and Platform Charities – Part 1

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. You can find the new regulations codified in Government Code Section 12599.9 here. This post, the first of two, will cover, very generally, […]

Crowdfunding Laws: Platform Charities

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 […]