CA Charitable Crowdfunding: New Proposed Regs
“This legislation impacts every single person who clicks on that ‘donate now’ button and every single nonprofit that receives funding this way.” That’s how Jan Masaoka, head of the California Association of Nonprofits, describes the state’s landmark new charitable-crowdfunding statute. Assembly Bill (EU) 488 was signed into law by Governor Gavin Newsom on October 7,…