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Matching funds are funds that are set to be paid in proportion to funds available from other sources. Matching fund payments usually arise in situations of charity or public good . The terms cost sharing , in-kind, and matching can be used interchangeably but refer to different types of donations.
The candidates are not allowed to accept outside donations or to use their own personal money if they receive this public funding. Candidates receive matching funds, up to a limit, when they are outspent by privately funded candidates, attacked by independent expenditures, or their opponent benefits from independent expenditures.
Primary season matching funds are not limited to major party candidates.) In 2016, only Martin O'Malley (Democrat) and Jill Stein (Green) received matching funds in the primaries. [116] For the 2020 campaign, only Steve Bullock (Democrat) had announced plans to apply for matching funds by September 2019. [117]
Kathryn Garcia and Dianne Morales got matching funds for the first time — more than $2 million each. The city's Campaign Finance Board said it was looking into a PAC backing Shaun Donovan.
A Donor Advised Fund, which is like having a personal grantmaking fund, and has a $10,000 minimum threshold, now only requiring $5,000 to get the match. A Community Grants Fund, where annual ...
Two leading candidates on Tuesday raked in more than $7 million in “matching funds” that come from taxpayer dollars, and another 59 wannabes running for other offices got nearly $10 million total.
Eligible candidates may receive public funds equaling up to half of the national spending limit for the primary campaign, although because of the donors that give up to the $2,300 limit, they generally raise much more money than they receive in matching funds. In 2008, many of the top candidates chose not to accept the primary matching funds.
Other countries choose to use government funding to run campaigns. Funding campaigns from the government budget is widespread in South America and Europe. [10] The mechanisms for this can be quite varied, ranging from direct subsidy of political parties to government matching funds for certain types of private donations (often small donations) to exemption from fees of government services (e.g ...
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