To become licensed the fund raiser needs to file a properly completed Application for License of Professional Fund Raiser prior to solicitations. The fund raiser must also submit a Professional Fund Raiser Contract Summary Sheet for every contract entered into with a charitable or religious organization. A charitable trust is broadly defined to include every person or legal entity which holds property for a charitable purpose. There are exemptions for religious organizations, governmental agencies, educational institutions, amateur theater, band and orchestra organizations and hospitals. The Rules and Regulations for Charitable Trusts, R14.11 et seq of the Michigan Administrative Code discuss in greater detail the requirements of registering and providing information to the Attorney General.
Registration is accomplished by submitting two forms, the Registration Statement and the Inventory .
The accounting may be filed by sending a copy of the accounting that was filed with the IRS, a copy of a bank accounting or a certified audit. For organizations that do not have an accounting already, an IRS 990EZ may be downloaded from the IRS website . The CT Annual Report Waiver Statement may be submitted only after the organization has at least one financial accounting on file with the Charitable Trust Section. The Waiver Statement may be obtained by calling the Charitable Trust Section. If any questions arise, however, the Attorney General reserves the right to request the financial accountings for any years for which the requirement has been waived.