The NC General Statutes allows two raffles per year for each tax-exempt non-profit organization (i.e. for each foundation), with several stipulations regarding the maximum value of the prize. For more information about these stipulations, please review the Foundations Accounting & Investments website.
Updated on April 17, 2020
Was this article helpful?
Cant't find what you are looking for?
Sends us a messageContact the KB Team