N.J. Plan Would Require Charities to Tell Donors They Can Earmark Money for Programs
New Jersey regulators have proposed a rule that would require charities to tell donors that they can earmark their money for specific programs.
The proposal aims to ensure that donors aren’t being misled by solicitations that highlight programs that may actually get little of the money that is raised.
But it is causing concern at nonprofits in the state, which say that it would be an administrative burden and curtail the ability of charities to decide how best to spend their money.
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%0D%0A%20%20The%20proposal%20aims%20to%20ensure%20that%20donors%20aren’t%20being%20misled%20by%20solicitations%20that%20highlight%20programs%20that%20may%20actually%20get%20little%20of%20the%20money%20that%20is%20raised.%0D%0A<%2Fp>%0D%0A
%0D%0A%20%20But%20it%20is%20causing%20concern%20at%20nonprofits%20in%20the%20state,%20which%20say%20that%20it%20would%20be%20an%20administrative%20burden%20and%20curtail%20the%20ability%20of%20charities%20to%20decide%20how%20best%20to%20spend%20their%20money.%0D%0A%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Faggregatedcontent%2Fnj-plan-would-require-charities-tell-donors-they-can-earmark-money-programs%2F" target="_blank" class="email" data-post-id="19729" type="icon_link"> Email Email
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