zlacker

[parent] [thread] 3 comments
1. mr_toa+(OP)[view] [source] 2024-03-02 02:03:27
Donors absolutely have standing to sue if their donations are misused.
replies(1): >>sanxiy+9d
◧
2. sanxiy+9d[view] [source] 2024-03-02 04:56:29
>>mr_toa+(OP)
No, donors have no standing. See https://www.thetaxadviser.com/issues/2021/sep/donor-no-stand....
replies(2): >>little+0t >>Mattic+lw6
◧◩
3. little+0t[view] [source] [discussion] 2024-03-02 08:10:05
>>sanxiy+9d
This is case is about suing a donor-advised funds though, so I'm not sure it's particularly relevant.
◧◩
4. Mattic+lw6[view] [source] [discussion] 2024-03-04 18:42:17
>>sanxiy+9d
This ruling is fairly specific to its facts, and is about a particular cause of action (financial mismanagement). While donors don't have standing for that cause of action by statute, it appears they do for breach of fiduciary duty: Cal. Bus. & Prof. Code § 17510.8. And that's the only CoA where they're relying on CA nonprofit law.
[go to top]