What every nonprofit leader should know about nonprofit fundraising compliance when their fundraising solicitations cross state lines with Ashleigh Allione and Cristina Vessels from Venable LLP
#017 – Today’s interview is with Ashleigh Allione and Cristina Vessels, two lawyers from Venable LLP’s Nonprofit Practice. Ashleigh and Cristina advise nonprofit clients on all aspects of fundraising-related matters, including those stemming from the federal tax laws and states’ charitable solicitation laws. They are here today to talk to us about what nonprofits should know about state charitable solicitation compliance and how to navigate these rules.
A lot of groups assume they are exempt, but that may not be the case. Each case is different. Exemptions depend on the type of organization and type of activity. You need to check on your individual situation.
Some organizations try to handle this on their own. It can be a little tricky, however, so it is good to know professionals that can help us when we need it.
You can find them at venable.com
Subscribe
Resources
Fundraising in a virtual world during COVID-19
Does my nonprofit really have to register before asking for money?
4 Key Takeaways
#1 If you solicit funds outside of your state, you may need to register in those states;
#2 You need to dedicated someone to this so you don’t miss anything;
#3 Late compliance is better than NO compliance; AND
#4 Once you register in a state, continue to report annually – don’t turn it off and on.
Show Notes
**Click the time stamp to jump directly to that point in the episode
Subscribe
