527 Organization


Also found in: Wikipedia.

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 ?
The association, a 527 organization that can raise unlimited amounts from individuals and corporations, has enjoyed (https://www.washingtonpost.com/business/economy/conservative-groups-pour-money-into-races-for-state-attorneys-general/2016/09/23/7a57030c-7e86-11e6-8d13-d7c704ef9fd9_story.html?utm_term=.46b43f9bf147) a surge in funding during the Obama administration, as attorneys general (https://www.nytimes.com/2014/12/07/us/politics/energy-firms-in-secretive-alliance-with-attorneys-general.html) banded together to challenge new environmental, healthcare and immigration regulations.
SUNUNU: The former NH senator sets up the "New Day for America" 527 organization with Ohio guv John Kasich, the seeming GOP prez hopeful.
Donors must be disclosed if political activity is conducted by a section 527 organization, but not if it is conducted by a noncharitable exempt.
They are a progressive secular political group whose current incarnation is as a non-profit 527 organization. As they grow and evolve, they intend and expect to develop into a full-fledged political party and continue to be devoted to issues of advocacy as well as guided by the values of secular humanism and evidenced-based reasoning.
527 organization that accepts a contribution or makes an expenditure for an exempt function periodically files a disclosure report, Form 8872, Political Organization Report of Contributions and Expenditures, with the IRS for contributions in excess of $200 and expenditures made to a person who has received at least $500 during the year.
As the 2004 presidential election heated up, a new soft money vehicle--the so-called "527 organization"--roared onto the stage.
This means, according to Mark Braden, that the RNC, for many years the efficient operation driving the GOP's redistricting success, is "basically out of the business." For once, Democrats have a head-start with their new 527 organization, which was set up by the DLCC, AFSCME, the government employees union, and the National Committee for an Effective Congress, the main organization that provides technical redistricting support to Democratic state parties.
In the Florida Governor's race, the Miami Herald reported that the same Republican consultant who helped the Swift boat veterans attack John Kerry's military record has established a 527 organization. The 527 has raised at least $500,000, and almost all of the money has come from a single supporter of Attorney General Charlie Crist's run for governor.
They formed the fundraising 527 organization America Coming Together (ACT), which spent more than $78 million (four times the expenditures of Swift Vets and POWs for Truth) in an effort to defeat Bush.
A few groups, such as the Media Fund, a tax-exempt 527 organization created to develop and pay for television ads in battleground states, will fold as planned--although Media Fund head Harold Ickes could resurface as the new chair of the Democratic National Committee.
The fact that an organization engaging in exempt-function activities must actually elect to become a [section] 527 organization (200) ameliorates Buckley's vagueness concerns.