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In the United States, a political action committee (PAC) is a tax-exempt 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation. [1] [2] The legal term PAC was created in pursuit of campaign finance reform in the United States.
A 527 organization or 527 group is a type of U.S. tax-exempt organization organized under Section 527 of the U.S. Internal Revenue Code (26 U.S.C. § 527).A 527 group is created primarily to influence the selection, nomination, election, appointment or defeat of candidates to federal, state or local public office.
An organization must meet certain requirements set forth in the code. Some organizations must also file a request with the Internal Revenue Service to gain status as a tax-exempt non-profit charitable organization under section 501(c)(3) of the tax code. A non-exhaustive list of organizations that may meet the Federal requirements are as follows:
A 527 organization or 527 group is a type of American tax-exempt organization named after "Section 527" of the U.S. Internal Revenue Code. Technically, almost all political committees, including state, local, and federal candidate committees, traditional political action committees , " Super PACs ", and political parties are "527s."
In preparation for President Obama's second term, Organization for America was turned into a nonprofit group — funded in part by corporate money — to mobilize support behind the president's agenda. As a tax exempt organization it will seek to harness the energy of the president's re-election campaign for future legislative fights.
A 2024 investigation by Sludge found that the Priorities USA Foundation, which is a tax-exempt 501(c)(3) charity, has been raising millions of dollars and funneling that money to its affiliated 501(c)(4) political arm, Priorities USA. In 2022, the Priorities USA Foundation moved $10 million, or 96% of the money it had raised, to its political arm.
However, dark money also is playing a role in the 2016 Republican presidential primaries; by June 2015, at least four Republican presidential candidates were raising funds via 501(c)(4) organizations: Bobby Jindal's America Next, Rick Perry's Americans for Economic Freedom, John Kasich's Balanced Budget Forever, and Jeb Bush's Right to Rise.
The strategy is centered on electing more Democrats to state level offices to build its political influence by 2020. The Democracy Alliance planned to raise more than $150 million over five years to assist more than 30 groups, including organizations focused on battles to increase the minimum wage, oppose voter ID laws, address global warming ...