Many charities wish to conduct raffles as a way to gain public support. While this can be an excellent way for a charity to increase public recognition and awareness as well as donations, a large number of charitable organizations may be unaware of the state and federal laws regarding charitable raffles. It is imperative that charitable organizations planning to conduct a raffle be aware of all the regulations governing the operation of such activities.
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Published In:
Business Organization Updates, Nonprofit Law Updates, Tax Law Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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