The Tennessee Summary of Financial Activities for a Campaign is a document that is required to be filed with the Tennessee Bureau of Ethics and Campaign Finance (OBJECT) for any campaign that raises or spends money in the state of Tennessee. It is a summary of all financial activity of the campaign that must be reported in the aggregate, and is typically used to track a campaign’s expenditures, contributions, debts, and other financial activities. There are two main types of Tennessee Summary of Financial Activities for a Campaign: Pre-Primary and Post-Primary. The Pre-Primary Summary is required to be filed 28 days before the election, and must include all financial activity of the campaign that took place between the beginning of the election cycle up to the filing deadline. The Post-Primary Summary is required to be filed within 60 days of the election, and must include all financial activity of the campaign that took place between the filing deadline of the Pre-Primary Summary and the election day.
Tennessee Summary of Financial Activities for a Campaign
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FAQ
Only a qualified 501(c)(3) or 501(c)(19) organization that has submitted an application to the Division of Charitable Solicitations and Gaming and that has been approved by the Tennessee General Assembly can hold a raffle.
Essentially, any fundraising overture made toward a person individually, a group of people, or to the public at large, that asks for a donation is considered a solicitation.
Approximately 40 states have enacted charitable solicitation statutes. Although specifics vary, state statutes usually require organizations to register with the state before they solicit the state's residents for contributions.
Tennessee nonprofits are required to register with the Tennessee Secretary of State. Nonprofits that receive less than $50,000 per year can file for an exemption.
All Tennessee nonprofit corporations must file an annual report with the Tennessee Secretary of State and pay a $20 filing fee.
Unless exempt, a charitable organization must register with the Tennessee Secretary of State before soliciting charitable contributions in Tennessee.
Only states can hold lotteries, so all private lotteries are illegal. To avoid being classified as an illegal lottery in any state, your promotion can only have 2 of these 3 elements: prize, chance and consideration.
Only a qualified 501(c)(3) or 501(c)(19) organization that has submitted an application to the Division of Charitable Solicitations and Gaming and that has been approved by the Tennessee General Assembly can hold a raffle.