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House Co-Sponsorship Memoranda
House of Representatives
Session of 2019 - 2020
Regular Session
MEMORANDUM
| Posted: | February 6, 2019 01:28 PM |
|---|---|
| From: | Representative Anthony M. DeLuca |
| To: | All House members |
| Subject: | Amending Solicitation of Funds for Charitable Purposes Act 60% must be spent on Mission |
| Recently, I received a mailer from an organization with “cancer research” in their name. When reading the fine print, I learned that organization spends only 5% of every dollar raised on cancer research! It is time we ensure charities within the Commonwealth spend collected funds so that they actually act as a charity. While many charitable organizations spend their dollars properly and ethically, many don’t. Based on research, many so-called “charities” spend their money on advertising, fundraising or perks for their CEOs and staff, instead of putting their money where donors believe it is going. This money coming out of people’s pockets should be protected with every tool available to us. When people donate their hard-earned money to a charity, they deserve the peace of mind that their contributions are going to the charitable mission and not to line the pockets of a CEO. Last session this was HB 1669. The new law will require charitable organizations to spend at least 60% of funds raised to further their charitable mission. If their spending falls below this percentage, it may no longer solicit until the level is brought up as verified by the Department of State. Please join me in supporting this legislation to protect against unscrupulous charities. |
Introduced as HB946