Charitable Solicitation Registration – Failing to Register
Failure to register can lead to enforcement action by the Attorney General’s Office in each state where solicitation occurs.
Failure to register can lead to enforcement action by the Attorney General’s Office in each state where solicitation occurs.
FARA defines “foreign principal” broadly to include any, government, political party, association, corporation, or other organization that was either established under a foreign country’s laws or maintains its principal place of business in a foreign country; and any individual outside of the United States. An “agent” is an individual or entity that acts within the United States at the direction of either a foreign principal or a person whose activities are supervised or directed by a foreign principal.
Cryptocurrency is emerging as a mainstream form of currency, which opens the door to new fundraising opportunities for nonprofits. Some organizations have already begun accepting donations in
Black’s Law Dictionary, 9th ed., defines an endowment as: A gift of money or property to an institution (such as a university) for a specific
Donations are the lifeblood of most charities and therefore maintaining the right to fundraise in various states is of critical importance. While many charities know
Most non-profits understand that if a fund is a permanent endowment, the principal must be preserved in perpetuity. Still, in my practice I am often surprised by how little some fundraising professionals understand about the mechanics of gift restrictions – particularly the implications of permanent restrictions and legal meaning of the term endowment.
Most states require you to register your organization if you solicit donations from their residents. Many states also require registration if your organization collects substantial or ongoing donations from their residents, even if you aren’t specifically targeting donors in that state. Download our comprehensive list of each state’s requirements.
Download our free guide to learn about the many elements needed to run a successful nonprofit organization, as well as how to avoid common pitfalls and mistakes.