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Can I use social media to fundraise in Arkansas? What are the requirements?
Fundraising on Social Media in Arkansas
Arkansas law does not have specific regulations on using social media for fundraising. However, there are general requirements for fundraising activities that apply to all types of fundraising, including social media fundraising.
According to the Arkansas Attorney General’s office, any organization or individual that solicits charitable contributions in Arkansas must register with the Charities Division of the Arkansas Attorney General’s office [2]. Additionally, all charitable organizations must file an annual financial report with the Charities Division [2].
Furthermore, Arkansas law requires that all charitable solicitations must include a disclosure statement that informs donors of the purpose of the solicitation and the percentage of the donation that will be used for charitable purposes [2].
It is important to note that fundraising activities on social media platforms may be subject to the terms and conditions of the platform being used. For example, Facebook has specific guidelines for fundraising on its platform, including requirements for registration and verification of nonprofit organizations [2].
In summary, while Arkansas law does not have specific regulations on using social media for fundraising, organizations and individuals must comply with general requirements for fundraising activities, including registration with the Charities Division and disclosure statements. Additionally, fundraising activities on social media platforms may be subject to the terms and conditions of the platform being used.
[2]Source(s):
Jurisdiction
Arkansas