The Smiley Victory Fund (“JFC”) is a joint fundraising committee composed of:
Smiley for Washington Inc. and Endeavor PAC (each individually, a “Committee” and collectively, the “Committees”).
Contributions or gifts to JFC, or any participating Committee individually, are not deductible as charitable contributions for federal income tax purposes.
All contributions permissible under FECA, but which would cause a contributor to exceed any applicable Federal contribution limit to a specific Committee, shall be reallocated to the remaining Committees according to this allocation formula to the extent permitted by FECA. Any contribution that would otherwise cause a contributor to exceed any applicable Federal contribution limit or that is otherwise impermissible 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 directly payable to any Committee participating in JFC. Any such designated contribution that causes the contributor to exceed the contribution limit to the designated Committee shall not be reallocated by JFC absent the prior written permission of the contributor as required by law.
Contributions from corporations, foreign nationals (without “green cards”), federal government contractors, and other federally impermissible sources are prohibited.
The maximum an individual or a federal non-multicandidate political committee may contribute to JFC is $7,900. The maximum amount a federal multi-candidate political action committee may contribute to JFC is $10,000. 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.
Contributions to JFC shall be allocated as follows:
1. The first $2,900 from any single individual’s contribution shall go to Smiley for Washington Inc. to retire debt from the 2022 general election. The next $5,000 shall go to Endeavor PAC.
2. The first $5,800 from any joint individual contribution shall go to Smiley for Washington Inc. to retire debt from the 2022 general election. The next $10,000 shall go to Endeavor PAC.
3. The first $2,900 from any federal non-multicandidate PAC shall go to Smiley for Washington Inc. to retire debt from the 2022 general election. The next $5,000 shall go to Endeavor PAC.
4. The first $5,000 from any federal multicandidate PAC contribution shall go to Smiley for Washington Inc. to retire debt from the 2022 general election. The next $5,000 shall go to Endeavor PAC.
By submitting your information, you agree to receive exclusive content, including special promotions, and agree to our Privacy Policy and Terms. By providing your phone number and checking the box to opt in, you are consenting to receive recurring SMS/MMS messages, including automated texts, to that number from my short code. Msg & data rates may apply. Reply HELP, STOP to end. SMS opt-in will not be sold, rented, or shared. Text JOIN to 34393 to opt in
Msg&data rates may apply. Terms & conditions/privacy policy apply.
