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Contributions to NRCC are not tax deductible for federal income tax purposes. Federal law requires us to obtain and report the name, mailing address, occupation and name of employer for each individual whose contributions aggregate in excess of $200 per calendar year. Contributions by corporations, national banks, foreign nationals (non-green card holders), labor unions, federal government contractors, and minors under the age of 18 are prohibited.
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The NRCC shall receive for its general account any individual contribution not exceeding an aggregate of $36,500 annually. Next, the NRCC shall receive for its Legal Proceedings Fund any individual contribution not exceeding an aggregate of $109,500 annually. Next, the NRCC shall receive for its Building Fund any individual contribution not exceeding an aggregate of $109,500 annually.