Form Cf-2t - Instructions For Annual Financial Report For Thrift Stores Commercial Fundraiser For Charitable Purposes

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FORM CF-2T
Page 2 of 2
INSTRUCTIONS FOR ANNUAL FINANCIAL REPORT
(FORM CF-2T)
FOR THRIFT STORES
COMMERCIAL FUNDRAISER FOR CHARITABLE PURPOSES
This financial report is filed by Commercial Fundraisers for
Charitable Purposes that obtain a majority of their inventory for
sale by purchase, receipt,- or control for resale to the general
solicited
by
an
personal
property
salvageable
public,
of
organization qualified to solicit donations pursuant to Section
148.3 of the Welfare and Institutions Code.
The annual financial report shall be filed with the Attorney
General's Registry of Charitable Trusts no later than 30 davs after
the close of the preceding calendar year.
An annual financial report is required for funds or assets
solicited for charitable purposes on behalf of each charitable
organization or for each charitable purpose during the preceding
calendar year.
Failure to comply with financial reporting requirements shall
be grounds for injunction against solicitation in this state for
charitable purposes and other civil remedies provided by law.
To be acceptable, Form CF-2T must be signed by an authorized
officer of the Commercial Fundraiser AND two officers or directors
of the charitable organization or charitable purpose.
GENERAL INSTRUCTIONS:
Enter the Commercial Fundraiser registration number (CF number) and
name and address of Commercial Fundraiser.
Enter the Charitable Trust registration number (CT number) and name
and address of the Charitable Organization.
Submit a report for each store location.
NOTE 1:
Item 6(a) - Volume of soft goods
NOTE 2:
Thrift
Store
operators
purchase
goods
from
charities based on a cart price for soft goods
(clothing, cloth goods, shoes, purses, belts,
Furniture, electrical items,
jewelry, hats).
books records, toys, Christmas trees and other
types
of hard goods are excluded from the
measurement.
Indicate the volume of soft goods purchased in
100 cubic foot increments.

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