Campaign finance, also known as election finance or political donations, refers to the funds raised to promote candidates, political parties, or policy initiatives and referenda.
Campaigns may not accept contributions from the treasury funds of corporations, labor organizations or national banks. This prohibition applies to any incorporated organization, including a nonstock corporation, a trade association, an incorporated membership organization and an incorporated cooperative.
Political Party Funding (PPF) is a method used by a political party to raise money for campaigns and routine activities. The funding of political parties is an aspect of campaign finance.
An amendment to the Hatch Act of 1939 set an annual ceiling of $3 million for political parties' campaign expenditures and $5,000 for individual campaign contributions. The Smith–Connally Act (1943) and Taft–Hartley Act (1947) extended the corporate ban to labor unions.
In the US, corporations are prohibited from making expenditures to influence federal elections. Similar restrictions exist in many state elections and have been upheld by the US Supreme Court.
(A corporation or labor organization may pay the expenses of setting up, administering and soliciting contributions for its own political committee, called a separate segregated fund (SSF or PAC). A party committee may accept contributions from a corporate or labor PAC registered with the FEC.)
A political party is an organization that coordinates candidates to compete in a particular country's elections. It is common for the members of a party to hold similar ideas about politics, and parties may promote specific ideological or policy goals.
It is to get those who agree with their ideas to support them when running for a political position. The message often consists of several talking points about policy issues. The points summarize the main ideas of the campaign and are repeated frequently in order to create a lasting impression with the voters.
Although a political organisation cannot be a charity, a charity can, in support of its charitable purposes, undertake a range of political activities. However these cannot be the only activities that the charity carries out.Mar 1, 2008
Five justices formed the majority and joined an opinion written by Justice Anthony Kennedy. The court found that the BCRA §203 prohibition of all independent expenditures by corporations and unions violated the First Amendment's protection of free speech.
In the politics of the United States, dark money refers to political spending by nonprofit organizations—for example, 501(c)(4) (social welfare) 501(c)(5) (unions) and 501(c)(6) (trade association) groups—that are not required to disclose their donors.
Political committees that make only independent expenditures (Super PACs) and the non-contribution accounts of Hybrid PACs may solicit and accept unlimited contributions from individuals, corporations, labor organizations and other political committees.