Political Action Committee

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Presentation transcript:

Political Action Committee

Political Action Committee An organization that pools individual campaign contributions to politically support or oppose candidates for public office and political issues. Highly regulated with public disclosure requirements. Contribution limits to candidates. Political contributions are not tax-deductible.

Support for PAC

PAC Support by Age Group

Why a PAC? Advantages Disadvantages Pool campaign contributions A place at the table Help candidates who support your priorities Engage members in political process Compliance requirements Need to fundraise Political contributions are not tax deductible

PAC-LRAC Funding Connection PAC Fundraising Strategy LRAC or New Configuration Increase membership dues by $10/$25 for PAC High dollar donor program (fundraising effort) Solicit contributions from other PAC Increase membership dues and/or LRAC dues Fundraising effort Redesign corporate dues (chain, LTC, health system, independent)

Board Decision Funding LRAC or a newly reconfigured LEG Committee impacts the PAC’s fundraising strategy Difficult to increase dues for both advocacy (LRAC or LEG Committee) and PAC at the same time Difficult to fundraise for both advocacy (LRAC or LEG Committee) and PAC at the same time Need advocacy in Olympia for a PAC to be effective

LEG Committee Options Three options: One committee, two tiers (steering and advisory) One committee Maintain LRAC structure Make changes to governance policy rather than bylaws

LEG Committee Funding Funding options assume: $34,000 from chain drug stores Increases in WSPA and/or Advocacy dues (formerly LRAC) None of the options achieve sustainable funding

Increasing Dues Comparison 2015 Membership Marketing Benchmark Report

Renewal Rate and Membership