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[parent] [thread] 2 comments
1. sanxiy+(OP)[view] [source] 2024-03-02 04:56:29
No, donors have no standing. See https://www.thetaxadviser.com/issues/2021/sep/donor-no-stand....
replies(2): >>little+Rf >>Mattic+cj6
2. little+Rf[view] [source] 2024-03-02 08:10:05
>>sanxiy+(OP)
This is case is about suing a donor-advised funds though, so I'm not sure it's particularly relevant.
3. Mattic+cj6[view] [source] 2024-03-04 18:42:17
>>sanxiy+(OP)
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.
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