6 August 2026 at 1:57 pm
Summary
Despite having the most billionaires, California ranks last in a new index by Philanthropy Roundtable for its unfriendly laws towards charitable giving, scoring 2.73 out of 10. The state's high regulatory burdens and fees disproportionately affect smaller nonprofits, contrasting with states like Montana, which tops the list for its donor-friendly environment.
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