Contributions to the Committee for America are not deductible as charitable contributions for federal income tax purposes.
The Committee for America is a joint fundraising committee composed of:
American Legacy Political Action Committee (ALPAC) and Newt 2012 (each individually, a “Committee” and collectively, the “Committees”).
Any contributions to the Committee for America under the Federal Election Campaign Act, as amended (“FECA”), 2 U.S.C. §§ 431 et seq., from donors who have not exceeded their applicable federal contribution limits shall be allocated among the participating committees pursuant to FECA and the following method:
This allocation formula may change if Newt 2012 receives sufficient funds to retire all debts.
The contributor’s acknowledgement shall constitute a written designation of his or her contribution to particular elections as described above.
All contributions permissible under FECA, but that would cause a contributor to exceed any applicable federal contribution limit to a specific committee, shall be reallocated to the remaining Committee to the extent permitted by FECA according to this formula. Any contribution that would otherwise cause a contributor to exceed any applicable federal contribution limit or not be permissible under FECA shall be refunded to the contributor. Any contributor may designate his or her contribution to a specific participating Committee, to the extent permissible by FECA. Any contributor may make his or her contribution payable directly to either of the participating Committees that are listed in the Preamble to this Notice. Any such designated contribution that causes the contributor to exceed the contribution limit to the designated participating committee shall not be reallocated by the Committee for America absent the prior written permission of the contributor as required by law.
Contributions to the Committee for America are not deductible as charitable contributions for federal income tax purposes. All funds received in response to this solicitation will be subject to federal contribution limits and prohibitions. Contributions from corporations, foreign nationals (without “green cards”), and federal contractors are prohibited.
The maximum an individual may contribute to this joint fundraising committee is $7,500. Individuals should review their personal contribution histories to determine how this contribution may affect their respective biennial contribution limits for the 2011-2012 and 2013-2014 election cycles. The maximum amount a federal multicandidate political action committee may contribute to this joint fundraising committee is $10,000. The maximum amount a federal political committee that is not a multicandidate committee may contribute to this joint fundraising committee is $7,500.
Federal law requires us to use our best efforts to collect and report the name, mailing address, occupation, and name of employer of each individual whose aggregate contributions exceed $200 in an election cycle.