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Can I use social media to fundraise in Delaware? What are the requirements?

Fundraising on Social Media in Delaware

According to the Delaware Division of Revenue, individuals or organizations planning to fundraise in Delaware must comply with certain regulations [1]. However, the document does not specifically mention social media as a platform for fundraising.

It is important to note that Delaware requires foreign corporations doing business in the state to comply with certain regulations when fundraising [1]. Additionally, individuals or organizations planning to fundraise in Delaware are advised to consult a private attorney before initiating any fundraising activity [1].

Requirements for Fundraising in Delaware

Volunteer fire companies, veterans’ organizations, religious or charitable organizations, and fraternal societies that have been in existence for a minimum of two years may apply for a raffle permit in Delaware [3]. However, it is unclear whether these organizations can use social media as a platform for fundraising.

Foreign corporations doing fundraising in Delaware must comply with 8 Del. C. §371 et seq. and Article IX, of §5 of the Delaware Constitution, which require foreign corporations doing business in Delaware to appoint a registered agent and to make annual filings [1].

Conclusion

The documents do not provide clear information on whether social media can be used as a platform for fundraising in Delaware. However, individuals or organizations planning to fundraise in Delaware are advised to consult a private attorney before initiating any fundraising activity [1].

Source(s):
Jurisdiction

Delaware