Massachusetts H3356 mandates nonprofit organizations to disclose financial and donor information when applying for state grants.

Massachusetts H3356 requires nonprofit organizations to provide detailed financial and donor information to relevant state agencies when applying for state grants. This includes a full accounting of any existing endowment, a comprehensive listing of foreign donors and their contributions over the past five years, and statements disclosing contracts with the Commonwealth for goods and services rendered. The office of the treasurer will implement these requirements through rules, regulations, and relevant documentation.

Massachusetts H3356 mandates nonprofit organizations to disclose financial and donor information when applying for state grants.

Massachusetts H3356 requires nonprofit organizations to provide detailed financial and donor information to relevant state agencies when applying for state grants. This includes a full accounting of any existing endowment, a comprehensive listing of foreign donors and their contributions over the past five years, and statements disclosing contracts with the Commonwealth for goods and services rendered. The office of the treasurer will implement these requirements through rules, regulations, and relevant documentation.