Monday, February 22, 2016

Make Your Fundraising Efforts Easier: Stay Compliant! - NonProfit PRO

Make Your Fundraising Efforts Easier: Stay Compliant! - NonProfit PRO: "Many fundraisers and nonprofit executives believe that being 501(c)(3) tax exempt is enough, but often it is not. Forty-one states require charities to register before they solicit donations from their citizens. Think of it as a license to fundraise. The purpose is to protect donors from unregulated and illegitimate organizations that may or may not be using contributions for a charitable cause.
By registering, your nonprofit discloses to the state and the public information about your mission, programs, leadership and finances. In return, your donors can search for your organization in public records, see who you are and where their funds really are going. This is a good thing!"



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