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Can I use social media to fundraise in South Carolina? What are the requirements?
Fundraising on Social Media in South Carolina
Charitable organizations in South Carolina can use social media to fundraise, but they must comply with certain requirements. The South Carolina Secretary of State provides guidance on social media fundraising campaigns in their Crowdfunding and Online Giving Brochure (PDF) [1].
According to the brochure, charitable organizations must register with the Secretary of State’s Office before soliciting contributions in South Carolina. They must also provide certain disclosures to donors, such as the organization’s name, purpose, and the percentage of donations that will be used for charitable purposes.
Additionally, charitable organizations must comply with South Carolina’s charitable solicitation laws, which require them to file annual financial reports and maintain accurate records of their fundraising activities. Failure to comply with these requirements can result in administrative fines [1].
It is important to note that the brochure specifically addresses charitable organizations and not individuals or political campaigns. If you are not a charitable organization, different rules may apply.
Source(s):
Jurisdiction
South Carolina