527 Organization

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527 Organization

A tax exempt organization in the United States dedicated to supporting or opposing candidates for political office or advocating or opposing certain issues. For example, a 527 organization may be formed to campaign for or against banking regulation. Unless a 527 promotes or denigrates a specific candidate, there are no limits on its contributions or spending. However, 527s must publish the names of their contributors as well as the donations they make.
References in periodicals archive ?
If you are involved with any Section 527 organization, you need to make sure you are currently complying with all of these requirements.
UTRECHT, The Netherlands -- Bruker announces the first order for a novel and unique 527 GHz Solid State DNP-NMR system , based on an ultra-high field NMR system.
Cassidy Turley negotiated an 8,500 s/f lease on behalf of global audio products leader Herman International Industries Incorporated at 527 Madison Avenue.
Troopers Investigate 527 Crashes on Pennsylvania Highways
Under pressure for months to curb the soft money (contributions not regulated by federal election laws) spending of Section 527 political groups, the Federal Election Commission recently adopted a new rule requiring some groups to use federally regulated hard money to pay for at least 50 percent of their expenses, including salaries, rent, and other overhead.
They organized several groups under Section 527 of the tax code to raise and spend the soft money which the Democratic Party no longer could.
527 on Forms 8871, Political Organization Notice of Section 527 Status, and 8872, Political Organization Report of Contributions and Expenditures, are available for public inspection and copying from the IRS website, at www.
The law requires disclosure of 527 gifts of more than $1,000 when used to fund campaign broadcasting, but it will have to withstand a vociferous series of court challenges.
Investment firm, Stanfield Global Strategies has leased the 18th floor of 527 Madison Avenue, a 7,250 s/f space for which it will pay rents that start at $100 per s/f for the first five years of the deal and then increases to $106 per s/f for the remaining portion of the 10-year lease.
6 /PRNewswire/ -- At the Satellite 2006 show in Washington, to be held from February 6th - 9th 2006, Thrane & Thrane will present its new BGAN terminal, the EXPLORER(TM) 527.
Despite the marked increase in hard money contributions and the BCRA ban on party soft money, soft money still found its way back into the political system mainly through "527" organizations, political committees organized under Section 527 of the Internal Revenue Code but not always regulated under federal election rules to limit the source and size of campaign contributions.
The name, 527, refers to the section of the federal tax code that regulates income reporting of nonprofits engaged in political activities.