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To: Kellis91789
Most people described as "fund raisers" or "bundlers" solicit and collect contributions from friends and acquaintances for specific candidates. By delivering the checks in a bundle they get credit from the candidate for raising the cash.

If you deposit checks for a candidate or issue, you must register as a PAC of one sort or another. That means restrictions and reporting requirements.

7 posted on 02/18/2010 10:38:51 PM PST by Rockingham
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To: Rockingham; 2ndDivisionVet

So a “bundler” can’t actually have any expenses paid for out of the funds raised ?

In order to have expenses, including staff salaries, you would have to be registered as a PAC ?

What would be involved in doing that ? Would you need to have multiple officers to sign off on expenditures, so it couldn’t be a one-man show ? How odious are the reporting requirements ?

I had a vision of creating a website that was a gateway for people to contribute small amounts to a variety of liberal candidates and issues, like Boxer, Pelosi, McCain, the CardCheck bill, the Healthcare bill, etc. and using up most of the funds in “operating expenses” running the website and paying myself a lordly salary.


8 posted on 02/18/2010 11:03:08 PM PST by Kellis91789 (Democrat: Someone who supports killing children, but protests executing convicted murderers.)
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