New Jersey Administrative Code
Title 17 - TREASURY - GENERAL
Chapter 28 - PUBLIC EMPLOYEE CHARITABLE FUND-RAISING CAMPAIGN
Subchapter 4 - CAMPAIGN ADMINISTRATION
Section 17:28-4.7 - Distribution of contributions

Universal Citation: NJ Admin Code 17:28-4.7

Current through Register Vol. 55, No. 48, December 18, 2023

(a) Designated contributions shall be distributed in a manner established by the Campaign Steering Committee and in accordance with the wishes of the designating State employee.

(b) Undesignated contributions and designations to charitable agencies not approved to participate in the Campaign shall be distributed to participating charitable fund-raising organizations and unaffiliated charitable agencies in the same proportion that these charitable fund-raising organizations/unaffiliated charitable agencies received designated funds.

(c) The campaign manager shall maintain all funds in an interest-bearing account until their distribution. Interest earned on all Campaign accounts shall be distributed in the same manner as undesignated contributions and designations to charitable agencies not approved to participate in the Campaign, pursuant to (b) above.

(d) Should an agency participating in the Campaign cease operations before all payouts have been made, the funds will be returned to the undesignated portion of the Campaign and distributed to participating charitable fund-raising organizations and unaffiliated charitable agencies in the same proportion that these charitable fund-raising organizations/unaffiliated charitable agencies received designated funds.

Adopted by 49 N.J.R. 3436(b), effective 10/16/2017

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