CalSavers & Nonprofits Webinar with California State Treasurer Fiona Ma and CalNonprofits

All Santa Monica-based non-profit organizations are invited to attend this free webinar/information session with California State Treasurer Fiona Ma and CalNonprofits.

The agenda will include:

  • Treasurer Fiona Ma Remarks on Small Business Resources in the State Treasurer’s Office
  • Jonathan Herrera, Director of Outreach and Education, CalSavers Retirement Savings Program 
  • Jan Masaoka, CEO, California Association of Nonprofits


About the Treasurer
Fiona Ma is California’s 34th State Treasurer. She was elected on November 6, 2018 with more votes (7,825,587) than any other candidate for treasurer in the state's history. She is the first woman of color and the first woman Certified Public Accountant (CPA) elected to the position.

The State Treasurer’s Office was created in the California Constitution in 1849. It provides financing for schools, roads, housing, recycling and waste management, hospitals, public facilities, and other crucial infrastructure projects that better the lives of residents.

One Board Treasurer Ma chairs, the CalSavers Retirement Savings Board, oversees CalSavers, the State’s retirement savings program designed for the millions of Californians who don’t have a way to save for retirement at their job. CalSavers was created by legislation passed in 2016 requiring California employers who do not sponsor a retirement plan and have 5 or more employees to participate in CalSavers. The Program enables employers, including non-profits, to provide their employees with access to a payroll deduction individual retirement account (IRA) with no employer fees. For employees, CalSavers is a completely voluntary workplace IRA program designed to be simple and portable from job to job. Operating at no taxpayer expense, CalSavers is professionally managed by private sector financial firms with oversight from a transparent public board chaired by the State Treasurer. 

California is the world’s fifth-largest economy and Treasurer Ma is the state’s primary banker. Her office processes more than $2 trillion in payments within a typical year and provides transparency and oversight for an investment portfolio of more than $124 billion, approximately $34.8 billion of which are local government funds. She also is responsible for $93 billion in outstanding general obligation and lease revenue bonds of the state. Read more about the Treasurer.

About CalNonprofits
For one hundred years, California nonprofits have been in the forefront of important social movements, including: the women's suffrage campaign of the 1900s; the free speech and black liberation movements of the 1960s; and the birth of the environmental movement in the 1980s. As a result of the dedication and vision of California’s nonprofits in years gone by, today:

  • California's nonprofit hospitals and universities are world-class institutions
  • California's nonprofit arts and cultural organizations are admired around the world for their artistic daring and excellence
  • California's all-volunteer organizations manage huge programs for children and for our parks and beaches

California's 80,000 nonprofits are key reasons why California is an economic driver, a leader in innovation, a champion for hope and opportunity, and always looking towards a better future.

To learn more visit https://calnonprofits.org/

CalSavers & Nonprofits Webinar with C...

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Date and Time

Tuesday Feb 22, 2022
3:00 PM - 4:00 PM PST

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