What type of activities must be disclosed when a nonprofit organization solicits funds?

In Indiana, nonprofit organizations must disclose certain activities when they solicit funds. These activities include any potential conflicts of interest, the amount and source of any compensation associated with the solicitation, the amount of money received from the solicitation, any restrictions or conditions associated with the solicitation, and the purpose for which the funds are used. Nonprofit organizations must also disclose any affiliated organizations or persons who are conducting or who have conducted fund-raising activities. This includes the name of the organization and its mission, any other affiliations, and the names of any officers or directors of the organization. Additionally, nonprofit organizations must also provide information about any past violation of state or federal law. This includes any administrative or criminal penalties that have been imposed, as well as any fraud or deceptive practices that have been used in connection with past fund-raising activities. Finally, nonprofit organizations must provide a full and accurate description of the nature and purpose of the solicitation, including a detailed explanation of how the solicitation fits into the organization’s mission. All of this information must be made available to potential donors before they make a contribution. Nonprofit organizations are also required to provide documentation regarding all of the above activities to the state attorney general on request.

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What type of activities must be disclosed when a nonprofit organization solicits funds?

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