+While the details are still being ironed out, platforms will no longer be able to hide fees, use nonprofits’ names to raise funds without permission, or hang onto donations indefinitely, says Lucy Salcido Carter, public policy director at the...
+“Context matters,” wrote Tim Delaney, president and CEO of the National Council of Nonprofits, in a statement following Monday’s arguments. His group was among those who filed another amici brief in support of the law.
+Private-sector employers must pay a tax on each employee that goes into their state’s trust fund that pays unemployment benefits.
+Total assets in donor-advised funds are about $121.4 billion nationally and the funds pay out an average of 20.9% of assets a year, according to a 2019 report from the National Philanthropic...
+“Some eliminated parking and transit pass benefits.
+That’s what motivated Dragonetti, who is the membership and marketing manager at the California Association of Nonprofits in San Francisco.
+But the plan also could increase contributions if a person who previously gave $200 now gives $10,000 to get a tax credit. In this case the charity would be ahead by $800.
+California nonprofit leaders have endorsed a maneuver in the state legislature that would allow the state’s taxpayers to offset the loss of state and local...
+Does that mean fewer Californians will give to charity? California Association of Nonprofits CEO Jan Masaoka says not necessarily.
“The tax component tends to influence the amount, not whether or not you give," Masaoka says.
+The platform itself is a nonprofit initiative supported by several well-known groups on both sides of these transactions, and a 16-person national leadership panel of more philanthropy experts.
