JOINT FUNDRAISING NOTICE
Friends of Jim Risch (“JFC”) is a joint fundraising committee composed of the Jim Risch for U.S. Senate (“Reelect”) and PAC for America (“LPAC”) political committees (each, a “Committee,” and, collectively, the “Committees”). Any contribution to the JFC permissible under the Federal Election Campaign Act, as amended (“FECA”), from contributors who have not exceeded their applicable Federal contribution limits, shall be allocated among the Committees pursuant to FECA and the formula set forth in this Notice.
Contributions Made by an Individual or Federal Non-Multicandidate Political Committee:
Individuals or federal non-multicandidate PACs may contribute up to $12,000 annually. Such contributions shall be allocated in the following order:
1. The Reelect committee shall receive the initial share of any contribution up to but not exceeding $7,000, which shall not exceed $3,500 for the primary election of Senator Jim Risch and shall not exceed $3,500 for the general election of Senator Jim Risch.
2. The LPAC shall receive any remaining share of any contribution up to but not exceeding $5,000 annually.
Contributions Made by a Federal Multicandidate Political Committee:
Multicandidate PACs may contribute up to $15,000 annually. Such contributions shall be allocated in the following order:
1. The Reelect committee shall receive the initial share of any contribution up to but not exceeding $10,000, which shall not exceed $5,000 for the primary election of Senator Jim Risch and shall not exceed $5,000 for the general election of Senator Jim Risch.
2. The LPAC shall receive any remaining share of any contribution up to but not exceeding $5,000 annually.
Contributions to Friends of Jim Risch, or to any participating Committee individually, are not deductible as charitable donations for federal income tax purposes. Contributions from corporations, labor organizations, national banks, federal government contractors, foreign nationals who are not lawfully admitted for permanent residence (non-green card holders), and other federally impermissible sources are prohibited. The contributor’s signature designates his or her contribution to the elections described above. Contributions that exceed a donor’s contribution limit to a participating committee shall be reallocated to the remaining committees according to this allocation formula to the extent permitted by FECA. Any contributor may designate his or her contribution to a specific participant committee to the extent permitted by FECA. Federal law requires the committee to use its 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 or calendar year, as applicable.
