Ensuring Compliance With State and Federal Requirements For Fund Raising

17 Dec

A Professional Solicitor is an individual who is paid for advice relating to a legal matter, acting on behalf of a client in Maryland, soliciting, managing or preparing a legal solicitation or holding a legal solicitation. In the state of Maryland, solicitors are individuals registered with the Office of the Secretary of State as professional solicitors and must be registered for service. Persons solicited to act on behalf of another are referred to as "clients." Clients may include charities, corporations, or individuals. The duty of a professional solicitor in Maryland is to:

As long as you meet the requirements for registration and the requirements for obtaining a surety bond in Maryland when you are engaging in the profession, you should not have any further concerns about your professional solicitor being registered or bonding under the law. The only concern you should have is whether he or she was properly registered and bonded when they were engaged in your legal representation. If not, you should make sure that they have been prior to engaging in your representation so that you can avoid any future problems regarding these matters. View here for more info about this company.

One aspect that you should be very concerned with is the fact that your solicitor must not engage in any fund-raising activities. This includes any fundraising letters or brochures, any phone calls to family members requesting support for your cause, and any fund-raising activities that your professional solicitor creates or participates in outside the state of Maryland. When a professional solicitor engages in any type of fund-raising in Maryland that is contrary to the law, it is considered illegal and unprofessional conduct. If a lawyer participates in a fund-raising event in other states or territories, he or she must disclose this activity when appearing in court or before the media. Failure to do so can result in serious consequences for the law firm and the volunteer. To find out more about these services, you can follow this website.

Another aspect to keep in mind when hiring a professional solicitor is the registration form that he or she must fill out. The forms are required for all professional fundraisers and solicitors must have them filed prior to the start of the campaign. In some cases, including the solicitation of funds for a non-profit group or charity, the forms may be filed as a stand-alone document or incorporated within another document. In other instances, the forms are filed along with the application for nonprofit status with the state. No matter how they are filed, all solicitors must ensure that the registration form is filled out completely and accurately.

There are also specific laws in place regarding the making of contributions or donations to a charity or religious organization. If a professional solicitor does not follow these laws, then it can result in fines or even charges. In order to ensure compliance with these laws, and to avoid prosecution, a professional solicitor should have an understanding of the provisions contained in both the Internal Revenue Code and the Charitable Gift Act. Both of these pieces of legislation provide examples of various types of contributions and the tax implications for each.
It is always important to understand the difference between soliciting money from a public and a private source in order to determine whether any part or whole of the contributions solicited is a personal contribution. 

When soliciting funds from a private donor, the professional solicitor should make sure that all documentation is filed along with the application and any supporting documentation. It should also include the name, address, date of birth and Social Security number of the individual contributing to the fund raising event. It should also include any other information that will allow the charity or religious organization to track the contributions made.  Check out this post for more details related to this article: https://en.wikipedia.org/wiki/Fundraising.

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