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

Nonprofit organizations in New York are required to disclose certain activities when soliciting funds. This includes any fees that will be charged for services, such as those related to fundraising. The organization must specify where the money will be used and how it will be invested. Additionally, the nonprofit must provide information regarding its operations, including its mission, history, finances, and governing body. The organization must also disclose any potential conflicts of interest, such as a board member or staff member having an economic interest in the organization. Finally, the nonprofit must make sure that potential donors understand that their financial contribution is non-refundable and will not result in the donor receiving any goods or services in return. This disclosure must be made in any type of communication that is sent in connection with the solicitation of funds, such as email, postal mail, or through the organization’s website.

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

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