Not exact matches
Funneling money through party committees is a common and legal way to sidestep campaign finance rules that limit the
amount of
donations from PACs,
individuals and corporations, said Barbara Bartoletti, legislative director of the League of Women Voters.
To help defray the cost of the buses, we welcome
individual donations in any
amount.
He drew
individual donations from a variety of real estate, financial and entertainment elites, including $ 40,000 from Michael Steinhardt, a hedge fund expert and philanthropist; $ 60,800, the maximum
amount an
individual could donate, from Ronald W. Burkle, the grocery store billionaire; and $ 25,000 from James L. Dolan, the chief executive of Cablevision.
While New York law restricts
individual donations to any candidate at just over $ 10,000 — already among the highest such limits in the nation — party committees can receive
individual donations of more than $ 100,000, and the committee can then transfer an unrestricted
amount to the candidate.
This
amount was split between their PAC and
individual donations: $ 2,031,348 in PAC
donations and $ 28,036 in
individual donations.
Last November the committee on standards in public life put forward a proposal to cap
individual donations at # 10,000 and increase the
amount of funding of political parties paid for by the state.
The current proposals mentioned a
donation cap limiting the
amount of money any
individual could give to a particular party.
CWA was able to give Democratic Senate candidates far more than the $ 10,300 general election limit by routing funds through various party committees, each of which could receive six - figure
donations and then give unlimited
amounts to
individual campaigns.
The loophole allows multiple limited liability corporations owned by the same person to donate to candidates, thereby skirting regulations that cap
donations from
individuals at a certain
amount per election cycle.
The campaign did not respond to an email seeking a breakdown of the number of
individual donors, how many of from are from within the district and the
amount of small dollar
donations under $ 200.
Candidates who opt out of the public system would still face restrictions on the dollar
amount for
individual donations that they could accept.
Outgoing majority members also collected fewer
individual donations than their opponents, but pulled in larger dollar
amounts.
Because the
donations came in small
amounts, usually raised at fundraising events, the party was not required to list the
individual donors, he said.
Donations from compassionate
individuals and businesses in our community are our primary source of funding.The cost of providing shelter, food and medical care for more than 3,000 animals each year far exceeds what we take in from adoption fees, and town contracts
amount to less than 7 % of our overall budget.
With each
donation, we will send a notification letter to a family member or other
individual you have designated — without specifying the
amount of the
donation.
A grant of # 7.4 million from the Heritage Lottery Fund plus contributions made by the Linbury Trust, the Garfield Weston Foundation and the Headley Trust helped raise the funds, but a significant
amount also came from public support: 8,000
individual donations totalled # 1.5 million.