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The Similarities & Differences of Campaign Donation Vehicles
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5 Terms
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Super PACs
________ can spend as much as they want and run as much as ads as they want to advocate for candidate.
2
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501 Groups (nonprofits)
Receive and donate unlimited amounts of money from their members.
They use the money to run advertising to support or oppose candidates
Cannot primarily be involved in politics, raising money.
Separated from the candidates, they cannot work together.
They do not disclose their donors, they are not able to disclose their donors to their IRS
Organizations using their own money.
3
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Super PACs
Interest groups such as corporations, labor unions, or individuals can donate as much money as they want to the super PACs
Super PACs can spend as much as they want and run as much as ads as they want to advocate for candidate
Cannot be coordinated with candidates, they're not connected with any candidate
Regulated by the FEC and required to list their donors
No limited spending
the organization is set up to collect money and distribute it.
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Similarities
Both can receive and use the money to run advertising in order to support or oppose a candidate, but the way they receive donations differs.
Unlimited spending but they are not coordinated with candidates nor involved in politics.
5
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PACs
A person can give their money to the PAC, up to 5.000.
Pac takes that money and donates that money to any candidate they support.
It's a bridge to double the amount of money of donations to a candidate, an individual can only give 2500 but through the PAC it can be doubled.
Pacs cannot receive donations from organizations.
limited amount of money but can collaborate with candidates.