BACKGROUND AND RESOURCES. California Charities Regulation: An information sheet intended to assist Non-profit agencies with compliance with SB 1262 – the Nonprofit Integrity Act of 2004 and identify available resources. L - Defaulted Property Tax Reduction Program: County program.
BACKGROUND AND RESOURCES. CALIFORNIA CHARITIES REGULATION: An information sheet intended to assist nonprofit agencies with compliance with SB 1262 – the Nonprofit Integrity Act of 2004 and identify available resources.
BACKGROUND AND RESOURCES. CALIFORNIA CHARITIES REGULATION There is a keen public interest in preventing misuse of charitable contributions. California’s “Supervision of Trustees and Fundraisers for Charitable Purposes Act” regulates those raising and receiving charitable contributions. The “Nonprofit Integrity Act of 2004” (SB 1262, Chapter 919) tightened Charitable Purposes Act requirements for charitable organization administration and fundraising. The Charitable Purposes Act rules cover California public benefit corporations, unincorporated associations, and trustee entities. They may include similar foreign corporations doing business or holding property in California. Generally, an organization is subject to the registration and reporting requirements of the Charitable Purposes Act if it is a California nonprofit public benefit corporation or is tax exempt under Internal Revenue Code § 501(c)(3), and not exempt from reporting under Government Code § 12583. Most educational institutions, hospitals, cemeteries, and religious organizations are exempt from Supervision of Trustees Act requirements. Key new Charitable Purposes Act requirements affect executive compensation, fundraising practices and documentation. Charities with over $2 million of revenues (excluding grants and service-contract funds a governmental entity requires to be accounted for) have new audit requirements. Charities required to have audits must also establish an audit committee whose members have no material financial interest in any entity doing business with the charity. Organizations or persons that receive or raise charitable contributions are likely to be subject to the Charitable Purposes Act. A bidder/proposer on Los Angeles County Development Authority (LACDA) contracts must determine if it is subject to the Charitable Purposes Act and certify either that: ■ It is not presently subject to the Act, but will comply if later activities make it subject, or, ■ If subject, it is currently in compliance.
BACKGROUND AND RESOURCES. (a) The Software requires Microsoft SQL Server 2019 database software to function correctly. A License for Microsoft SQL Server 2019 is included as part of the SaaS License and is incorporated into the annual fees. Where a Software Subscription is the form of License, the Licensee will provide all Microsoft Licenses.
