The purpose of the Family Business Association of California is to advance, protect, and perpetuate family businesses through representation at the Capitol.
The Family Business Association of California is a California Corporation organized as a not for-profit with tax exempt status under Section 501 (c)(6) of the Internal Revenue Code and approved by the California Franchise Tax Board.
Any business information youm provide to the Family Business Association of California is maintained and accessible only bt the Family Business Association of California. We will not sell or in any way divulge business information gathered about you or your business.
FBAC has three types of membership. Companies have the option of joining as a Founding Member, as a Regular Member, or as an Associate Member, as explained below:
1. Founding Memberships are available for a $10,000 initial one-time contribution. Founding Members are the voting members of FBA. All Founding Members remain Founding Members for the duration of their FBAC membership but after on year dues revert to the applicable amount in accordance with the regular dues structure. The criteria for a Founding Member is the same as for a Regular Member as defined below.
2. Regular Memberships are open to family businesses that conform to this definition:
- Ownership control of a privately held enterprise by members of a family or partnership of families
- Strategic influence by family members on the management of the firm, whether by being active in management, by continuing to shape the culture, and/or by serving as board members or advisors
- The desire for continuity and succession across generations
Company Revenues: Annual Dues:
$100 Million or More $5,000
$50-99 Million $2,500
$10-49 Million $1,000
$2.5-10 Million $500
Under $2.5 Million $250
3. Associate Members - individuals or companies that work with and provide services for family businesses and would like to support and be involved in FBAC, but do not qualify to be a Founding or Regular Member and don't wish to become a sponsor can join as an Associate Member. The dues for an Associate Member are $1,000 per year.
All Members receive benefits including the weekly FBAC News Summary, participation in FBAC events, legislative and regulatory updates, are listed in the FBAC website, can serve on FBAC Committees, and are recognized as supporters of FBAC.