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Can I use social media to fundraise in New Jersey? What are the requirements?
Fundraising on Social Media in New Jersey
In New Jersey, there are no specific laws or regulations that prohibit fundraising on social media platforms. However, there are certain requirements that must be met in order to conduct fundraising activities legally.
Registration Requirements
If you plan to conduct fundraising activities in New Jersey, you may need to register with the Division of Consumer Affairs. According to the New Jersey Charitable Registration and Investigation Act, any organization that solicits or receives charitable contributions in New Jersey must register with the Division of Consumer Affairs [1.1].
Disclosure Requirements
In addition to registration, organizations that conduct fundraising activities in New Jersey must also comply with certain disclosure requirements. For example, organizations must disclose the percentage of funds raised that will be used for charitable purposes, as well as the name and address of the organization [1.1].
Crowdfunding
If you plan to use crowdfunding platforms, such as GoFundMe or Kickstarter, to raise funds for a charitable cause, you should be aware that these platforms may have their own rules and regulations. For example, GoFundMe requires users to comply with its terms of service, which prohibit fraudulent or misleading fundraising campaigns [1.1].
Conclusion
In summary, there are no specific laws or regulations that prohibit fundraising on social media platforms in New Jersey. However, organizations that conduct fundraising activities must comply with registration and disclosure requirements. Additionally, crowdfunding platforms may have their own rules and regulations that must be followed.
Source(s):
Jurisdiction
New Jersey