Category: Fundraising Compliance

CA State Assembly

California Enacts New Law to Regulate Charitable Fundraising Platforms

On October 7, 2021, California Governor Gavin Newsom signed into law Assembly Bill 488, which amends The Supervision of Trustees and Fundraisers for Charitable Purposes Act and establishes a new statutory framework to regulate online charitable fundraising platforms.  In a joint press …

read more
cryptocurrency small

What Nonprofits Should Be Asking About Virtual Currency Regulation and Fundraising

Takeaway – Nonprofits can avoid risk by accepting and immediately liquidating donations of cryptocurrency. If they are planning to hold onto virtual currency for the long term, nonprofits should make sure they use platforms that are properly licensed and registered, and figure …

read more
UBIT small

Qualified Sponsorship Payments, UBIT, and Social Media – A Reminder For Nonprofits

Takeaway – Nonprofits and consumer brands continue to find new ways to promote their collaborations. Take care that messages delivered at live events, in print, and online are consistent with the IRS rules regarding qualified sponsorships to avoid triggering unintended tax consequences …

read more
healthcare-and-money-vector-id1050719352

Are You Paid to Solicit Charitable Contributions for a Charity? You May Need to Register as a Professional Fundraiser

A professional fundraiser (“PFR”) is a person or entity who is hired to raise money on behalf of a charity.  Forty-two states have laws regulating the activities of a PFR. Generally, these states require a PFR to register before conducting any fundraising …

read more
Woman holding two white love hearts. A woman is holding them in her hands. There is a rustic wood table underneath her hands. Valentines day or anniversary concept. Copy space.

Donor Match-Making – Legal Considerations for Matching Gift Campaigns

Matching gift campaigns are a popular fundraising strategy used by charities to incentivize public donations with donations offered by one or more “match donors.” Types of Campaigns The core of a matching gift campaign is that a “match donor” offers to make …

read more
Golden coin with NFT symbol isolated on black background

NFTs and Charities – What’s New and What Isn’t?

Takeaway – NFTs are gaining popularity. Charities are considering how they can take advantage of the NFT craze. In many ways, digital artwork and other digital assets are analogous to traditional artwork and physical assets. Nonprofits may need to conduct additional diligence …

read more
AB 488

California Proposes Law to Regulate Online Fundraising Platforms

What does this mean for charitable solicitation compliance? On February 8th, California Assemblywoman Jacqui Irwin introduced Assembly Bill 488, which would establish a new statutory framework for the ever-evolving world of online charitable fundraising platforms.[1] The proposed  bill for “charitable fundraising platforms” …

read more
NAAG

The 2020 NAAG/NASCO Virtual Conference – Noteworthy Issues for Nonprofits

Each year the National Association of Attorneys General and National Association of State Charities Officials hold a conference where state regulators, nonprofits, and their advisors can meet and discuss issues that are of interest to the nonprofit community. Traditionally, the first two …

read more

Recent Blog Posts