Charities and other non-profit organizations already spend huge chunks of their donors’ contributions on accountants and attorneys to file IRS Form 990’s. They ALSO have to register and annually file forms to comply with the state charitable solicitation laws. And yet, a group call the Uniform Law Commission is crafting a piece of model legislation called, “The Protection of Charitable Assets Act” (“PCAA”) that will be introduced in all 50 state legislatures. It will regulate non-profits even more.
It is an unnecessary and terrible bill that will threaten the survival of many small non-profits. That’s why DownsizeDC.org joined with 62 other organizations to tell the Commission to drop the bill, or at least drop the registration and reporting requirements.
You can see the letter here (pdf).