What are the requirements concerning fundraising and solicitation of donations?
In Washington, nonprofit organizations are held to certain requirements concerning fundraising and solicitation of donations. According to the Washington State Attorney General, nonprofit organizations must register with the Charitable Solicitations Program prior to any solicitation of donations. Additionally, nonprofit organizations must submit Form C-7B to complete the registration process. Nonprofit organizations must also adhere to certain guidelines when soliciting donations. They must truthfully and accurately represent their organization and the purpose of their donations, and they must keep accurate records of donations, including the name and address of each donor, the date and amount of the donation, and any promises or other representations made to the donor. Additionally, nonprofit organizations must provide disclosure statements to each donor, which must include a financial statement for the most recently completed fiscal year, a brief description of the organization’s purpose, and a statement of the ways in which the donor’s contribution will be used. Finally, all funds raised must be used for the purposes stated in the solicitation materials. In summary, nonprofit organizations in Washington must complete the registration process before they can solicit donations, must truthfully and accurately represent their nonprofit and the purpose of the donations, and must keep accurate records of donations and provide donors with disclosure statements. Additionally, all funds raised must be used for the intended purpose.
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