What are the requirements for fundraising campaigns?

In South Dakota, the law surrounding fundraising campaigns will vary depending on the type of campaign. For charitable contributions, the laws set by the South Dakota Charitable Solicitations Act must be followed. All charitable organizations that solicit donations must register with the Secretary of State. This includes registering the organization itself, as well as any fundraising campaign they plan to have and the name of the person in charge of the campaign. All fundraising campaigns must also list information such as the total amount of money to be raised and the purpose of the campaign. Any person or organization that solicits money must make sure that the funds collected are used for the purpose it was intended for, and no other. Furthermore, those who accept donations must provide donors with a receipt or acknowledgement that includes information about the donation and the organization. In addition, no fraudulent or deceptive practices can be used for fundraising campaigns. This includes not promising false results, misleading donors, and implying endorsements that don’t exist. Finally, all organizations must keep records of all donations and contributions they receive, as well as any expenses related to the campaign. These records must be kept for three years. By following these regulations, nonprofit organizations in South Dakota can ensure that their fundraising campaigns are successful and comply with all laws.

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What are the requirements for fundraising campaigns?

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