By Brett Ridge | July 15, 2011
According to Samuel J. Fanburg of NonProfit Times, “The New Jersey Division of Consumer Affairs (NJDCA) is accepting public comment on a proposed mandatory donor designation disclosure. Nonprofits would be required to provide a mechanism for donors to designate funds to specific programs.”
Dangerous stuff here. Talk about challenges. There is no question that funds normally used for operating will be compromised. Imagine, suddenly nonprofits may have to do fundraising campaigns targeting donors for operations only! Good luck with that.
Donor choice is the right thing. But when donors don’t ask to restrict their money, nonprofits should not be forced to require it.