Are there any special reporting requirements for donors to a nonprofit organization?

Yes, there are special reporting requirements for donors to a nonprofit organization in California. Under the California Nonprofit Public Benefit Corporation Law, any business or person making a contribution of $5,000 or more must file an annual report with the California Attorney General. This report must include the donor’s name, address, and the amount of the contribution. In addition, any nonprofit organization must keep records of all their donors and contributions, including the donor’s name, address, and the amount they contributed. The organization must also provide a written acknowledgement to the donor which must include the amount of the contribution and a statement indicating that no goods or services were provided for the contribution. Nonprofit organizations must also file annual reports with the California Attorney General, which must include information about their donors and contributions. These reports are used by the Attorney General to ensure that nonprofit organizations are operating in compliance with the law. In summary, there are special reporting requirements for donors to a nonprofit organization in California. Donors making contributions of $5,000 or more must file an annual report with the California Attorney General, and nonprofit organizations must keep records and provide acknowledgements for all donations, and file annual reports which include information about their donors.

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Are there any special reporting requirements for donors to a nonprofit organization?

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