Each charitable organization shall, as a part of its registration statement, compute the percentage that its fund-raising expenses for its preceding fiscal year bore to its support received directly from the public during such year.
Each federated fund-raising organization shall clearly disclose on any registration the percentage that is withheld from a donation designated for a member agency.
1974, c. 574; 2003, c. 810.
Structure Code of Virginia
Title 57 - Religious and Charitable Matters; Cemeteries
Chapter 5 - Solicitation of Contributions
§ 57-49. Registration of charitable organizations; prohibition against support of terrorists
§ 57-50. Reciprocal agreements with other states; online filing
§ 57-51. Nonresident registration
§ 57-52. Publication of warnings concerning certain charitable and civic organizations
§ 57-52.1. Publication of warnings concerning solicitation by professional solicitors
§ 57-53. Records to be kept by charitable organizations
§ 57-55.2. Charitable solicitation disclosure
§ 57-55.2:1. Solicitations by for-profit organizations
§ 57-55.3. Disclosure regarding financial statement required
§ 57-55.4. Collection receptacles; required disclosures
§ 57-56. Information filed to become public records
§ 57-58. Ratio of fund-raising expenses to contributions to be included in registration statement
§ 57-59. Enforcement of chapter; seizure of property connected with terrorism; penalties
§ 57-61. Registration of professional fund-raising counsels and solicitors
§ 57-61.1. Time and effect of registration
§ 57-61.2. Commercial co-ventures
§ 57-62. Liability imposed by other laws not decreased
§ 57-64. Out-of-state enforcement proceedings
§ 57-66. Rules and regulations; model ordinance