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CA SCR138
Concurrent Resolution
AI Summary
- Declares October 1, 2014, as California Plan Your Giving Day to recognize and support gift planning awareness
- Acknowledges that gift planning enables donors to identify assets for charitable donations and establish giving plans for future dates
- Recognizes gift planning as a source of charitable endowments and long-term funding for nonprofits through estate planning and testamentary arrangements
- Notes that gift planning provides tax benefits including estate tax savings and allows creation of charitable gift annuities with lifetime income
- Affirms that gift planning helps charitable organizations build emergency funds and ensures their long-term viability
Legislative Description
California Plan Your Giving Day.
Last Action
Chaptered by Secretary of State. Res. Chapter 140, Statutes of 2014.
8/28/2014
Committee Referrals
Rules8/14/2014
Rules8/4/2014
Full Bill Text
No bill text available