During the holidays we are all keenly aware of fundraising needs and the growing obstacles to the nonprofit community. That’s why elected officials need to hear from you about donor-advised funds.
CalNonprofits is co-sponsoring legislation in California that will bring a little sunlight into the world of DAFs: AB 1712, authored by Assemblymember Buffy Wicks and co-sponsored by NextGen Policy and banker/philanthropist Kat Taylor.
Together with Assemblymember Wicks, we continue to shape AB 1712 into a tool that will protect donor anonymity, while also protecting nonprofits and the public interest in how tax-deductible donations to DAFs are used. The bill will be brought up again in the Assembly in mid-January and we need your help to get it moving to the Senate quickly.
We need your help to get this important bill passed!
To show your support for this bill, please click here to add your organization's name to the letter. It will only take a few minutes! You can see the support letter here.