Assemblymember Jim Frazier Issues Statement After Passage of Non-Profit Disclosure Bill
Sacramento, CA – Today, Assemblymember Jim Frazier (D – Oakley) issued the following statement after his bill, AB 2855, which requires a link directing donors to the Attorney General’s charity resources website to be placed on a non-profit’s website or solicitation documents passed out of the Assembly Privacy and Consumer Protection Committee with a 6-2 vote:
“The concept for AB 2855 grew from recent reports exposing nationally recognized charities’ questionable financial practices and calling for greater transparency. Having started a non-profit in my daughter’s memory I care deeply about allowing donors to have confidence in the charities they choose to support.
“This bill serves to provide transparency, educate donors, and showcase good actors in the non-profit world.
“By having this link readily available, donors will have confidence in trusting the way a charity uses contributions to fulfill their stated mission. Through the implementation of this process, donors will be able easily access relevant information when looking to contribute to a worthy cause.
“My hope is that donors will be more inclined to contribute with better access to this information, allowing those charities that do great work, run efficiently, and tirelessly strive to fulfill their stated mission to flourish. I would like to thank my colleagues for supporting my efforts to simplify the complex process donors currently go through to uncover this information”
Assemblymember Frazier represents the 11th Assembly District, which includes the communities of Antioch, Bethel Island, Birds Landing, Brentwood, Byron, Collinsville, Discovery Bay, Fairfield, Isleton, Knightsen, Locke, Oakley, Pittsburg (partial), Rio Vista, Suisun City, Travis AFB, Vacaville and Walnut Grove.
CONTACT: Ella Strain (916) 319 – 2011