January 1, 2025

California’s AB 488 Enhances Oversight of Charitable Fundraising Platforms

California Assembly Bill 488, fully effective with all provisions starting January 1, 2025, introduces new regulations impacting nonprofit fundraising under the California Department of Justice. While not directly targeting charities, the law imposes requirements on charitable fundraising platforms, aimed to enhance transparency and donor protection. Charities using these platforms may face indirect effects, such as increased compliance costs or delays, as platforms adapt to the rules.

Signed into law on October 7, 2021, as Chapter 616, Statutes of 2021, Assembly Bill 488 amends the Supervision of Trustees and Fundraisers for Charitable Purposes Act to regulate online charitable fundraising platforms and platform charities. Effective January 1, 2023, with final regulations issued March 26, 2024, platforms must register with the California Attorney General’s Registry of Charities and Fundraisers using Form PL-1 by June 12, 2024, and file annual renewals (Form PL-2) and reports (Form PL-4) starting in 2025. Platforms must obtain written consent from charities, ensure donations go to organizations in good standing, provide donor receipts within five business days, and promptly disburse funds. Nonprofits must verify their status to avoid fundraising restrictions.

Read the details of Assembly Bill 488

Key Highlights of AB 488

Regulation of Charitable Fundraising Platforms:

Consent and Transparency Requirements:

Prompt Disbursement of Funds:

Platform Charity Requirements:

Prohibited Acts:

Impact on Nonprofits Utilizing Fundraising Platforms (e.g., Facebook, Blackbaud)

AB 488 significantly impacts nonprofits by requiring them to maintain good standing with the California Secretary of State (SOS), Attorney General’s Office (AG), and Franchise Tax Board (FTB) to utilize fundraising platforms like Facebook, Blackbaud, or similar services. Here’s how:

Good Standing Requirement:

Compliance Burden for Nonprofits:

Practical Implications for Nonprofits:

Retroactive and Ongoing Impact:

Additional Context

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