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Greater good
Money talksespecially during election season. Including political giving in your philanthropic strategy can be a valuable way to amplify your voice and impact the issues you care about most. Here are six best practices for making the most of your political contributions, along with a chart to help you navigate your options.
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Push and pull Do your homework Join forces Make it personal Dont be shy Play to strengths
Use your giving to show support for candidate or party policy positions and/or to encourage them to change their stances. Find out who sits on the House and Senate committees that are most relevant to the issues you care about, and channel support to those member candidates. Gain more visibility for your issue by bundling funds from multiple, like-minded contributors. Build a personal relationship by contributing at an in-person event where you will meet the candidate and/or their senior staff. If you give to a party and an individual candidate, let each know of the other contribution to raise your visibility and influence. When deciding which (c)(3) or (c)(4) organization to donate to, support one that has the specific expertise-such as mobilizing the grassroots or developing policy positions that will best help further your goals.
SUPER PAC
Organization that pools funds around shared interests (ideological, business, labor, etc.) that cannot coordinate directly with candidates Use it to: Focus funds on issues that are most important to you Donate through a business An individual can give an unlimited amount. Contributions are disclosed.
501(C)(3)
Non-profit, tax-exempt organization that advocates for or against issues Use it to: Focus funds on issues that are most important to you Donate through a business Receive a tax benefit An individual can give an unlimited amount. Contributions are not disclosed.
Non-profit, tax-exempt organization that advocates for or against issues of social welfare Use it to: Focus funds on issues that are most important to you Donate through a business An individual can give an unlimited amount. Disclosure depends on how the money is used.
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