The Law of Fundraising. Bruce R. Hopkins. Читать онлайн. Newlib. NEWLIB.NET

Автор: Bruce R. Hopkins
Издательство: John Wiley & Sons Limited
Серия:
Жанр произведения: Экономика
Год издания: 0
isbn: 9781119873457
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following:

       The name of the organization

       The name in which the organization intends to solicit contributions

       The principal address of the organization and the address of any office in the state or, in the absence of an office, the name and address of the person having custody of the organization's financial records

       The names and addresses of any chapters, branches, or affiliates to be located in the state

       The names and addresses of the organization's trustees, directors, officers, executive staff, and registered agent

       The place where and the date when the organization was legally established

       The form of the organization (corporation, trust, or unincorporated entity)

       A statement about the organization's classification as a tax-exempt organization under federal law37

       The purpose or purposes for which the organization was founded

       An income and expense statement, and an asset and liability statement, for the organization's immediately preceding tax year (perhaps audited), showing, among other items, the type and amount of funds raised, expenses for fundraising, and expenditures of the funds raised

       The methods by which solicitations will be made, including use of a professional fundraiser and/or professional solicitor38

       The purpose or purposes for which the contributions to be solicited will be used

       The names of the individuals who will have final responsibility for the custody of the contributions

       The names of the individuals responsible for the final distribution of the contributions

       A statement indicating whether the organization is or has ever been enjoined by one or more states from soliciting contributions

       Copies of contracts between the charitable organization and professional fundraisers and/or professional solicitors

      It is common for the statute to authorize the state's regulatory agency to require, by regulations or otherwise, the submission of information in addition to that required by the statute.

      Permission to engage in fundraising for charitable purposes will not be issued where the regulatory authorities conclude that the charitable organization has omitted or materially misrepresented required information or would be acting in violation of one or more provisions of the state's charitable solicitation law. The law may provide that a permit to solicit will not be issued where a person violated the law, attempted to obtain the fundraising authorization by misrepresentation, or materially misrepresented the purposes and the manner in which contributions would be used.

      State laws differ as to the duration of the registration or other authorization to engage in charitable fundraising. In most states, the permit or license expires by law one year after the date of its issuance, at the close of the calendar year, or at the close of the organization's fiscal year. Renewal of the registration or other authorization is made by filing an updated application within a certain period before the expiration date of the existing registration. These statutes usually also require a supplemental filing during the time a registration is in effect, where there is a material change in the information submitted with the application.

      In some states, the registration or other authorization remains in effect until withdrawn by the charitable organization or suspended or revoked by the state.

      The statutory law in the other jurisdictions does not address the subject of duration of the authorization to engage in charitable fundraising.

      The categories of charitable organizations exempted from the annual reporting requirement usually are those also exempted from the preapproval requirement.

      The charitable solicitation statute frequently mandates the contents of the annual reports. The information most often requested is the following:

       The