Nunes Victory Fund (“JFC”) is a joint fundraising committee composed of Devin Nunes Campaign Committee (“Campaign”) and NEW PAC (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 $10,800. Such contributions shall be allocated in the following order:
Each Committee shall receive a 50% split of any contribution up to $10,800; up to $5,800 for the Campaign and up to $5,000 annually for NEW PAC, provided such limits apply. Any remaining funds shall be allocated to the Campaign.
Contributions Made by a Federal Multicandidate Political Committee:
Multicandidate PACs may contribute up to $15,000. Such contributions shall be allocated in the following order:
Each Committee shall receive a 50% split of any contribution up to $15,000; up to $10,000 for the Campaign and up to $5,000 annually for NEW PAC, provided such limits apply. Any remaining funds shall be allocated to the Campaign.
Contributions to Nunes Victory Fund, or to any participating Committee individually, are not deductible as charitable donations for federal income tax purposes. Contributions from corporations, labor unions, national banks, federal government contractors, foreign nationals without green cards, and other federally impermissible sources are prohibited. The contributor’s signature designates his or her contribution as 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 participating Committee to the extent permitted by FECA. 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 or calendar year, as applicable.