Geoff's LawGems

Thursday, June 17, 2004

Solution for charities seeking to register in multiple states

One of the major stumbling blocks for any non-profit corporation or charity is all of the unanticipated administrative work that follows from in effect, starting a small business. One major surprise is that charities that solicit donations must register themselves not only in their home state, but also in each state where they solicit. For a growing charity, this can be quite a lot of work. The folks at "The Multistate Filer Project" have started an effort to streamline this process by creating a Unified Registration Statement Kit, which presently is accepted by the state governing authorities in 36 states. It allows you to complete one form, and attach the other required disclosures (Governing docs, Form 990, etc.) pay your fee, and be done with it. The packet is free in .PDF form, and contains citations and summaries to a good portion of the relevant governing law on the subject. I haven't spot checked their work yet (which I would recommend doing before completely relying on it), but it looks to be thorough and fairly comprehensive. Definitely a great start for anyone looking to tackle this effort.

0 Comments:

Post a Comment

<< Home