The League of California Community Foundations is taking an oppose position on bill AB 1712 (Wicks) also known as the DAF bill. With a bill that holds the potential for such harm to community philanthropy, we believe all of us should hit pause, step outside the pressure of the legislative timetable and bring together the full range of interested and affected parties to arrive at a deeper, understanding of the issues that may need to be considered.

The League has agreed to the following positions relating to DAFs and AB1712:

  • LCCF supports active funds policies
  • LCCF supports providing aggregate payout information to CA attorney general
  • LCCF opposes fund-by-fund reporting to CA attorney general
  • LCCF opposes mandatory payout requirements, whether annual or designating the life-cycle of payouts per gift

For further information regarding the League’s position on DAFs and AB 1712 please see the below links.

Donor Advised Funds – Creating Impact

by Daniel R. Baldwin, President/CEO, Community Foundation for Monterey County

Insight: A steady stream of scams has sullied charity’s name

by Thomas Peters, Ph.D., President/CEO, Marin Community Foundation

Letter to Jan Masaoka, CEO, The California Association of Nonprofits

by Thomas Peters, Ph.D., President/CEO, Marin Community Foundation

AB 1712 Bill Language

League of California Community Foundations Letter of Opposition