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  3. Can honoraria for speaking engagements by state employees be deposited into a foundation?

Can honoraria for speaking engagements by state employees be deposited into a foundation?

No, given state guidelines, the foundation cannot deposit honoraria for speaking engagements by state employees that occur relative to the employee’s state duties. For additional information, including related excerpts from the North Carolina State Budget Manual, visit the Foundations Accounting & Investments website.

Updated on May 3, 2021

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