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Fundraisers
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- A fund-raising event is "an event such as a dinner, reception, testimonial, cocktail party, auction or similar affair through which contributions are solicited or received by such means as purchase of a ticket, payment of an attendance fee or through the purchase of goods or services." (WV Code §3-8-5b). This definition also covers sales of food at bake sales or fair booths, memorabilia, T-shirts, buttons, and other items.
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About Raffles
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- Although raffles are commonly thought of as fundraisers, candidates are prohibited by WV Code §47-21-2 from holding raffles. Other organizations must have a license to conduct raffles, but among political organizations, only political party executive committees are eligible to obtain a license.
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Don't Pass the Hat!
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- "Passing the hat" at meet-the-candidate dinners or other types of fundraisers usually brings in money anonymously. If the contributor can't be identified, the money will have to be turned over to the state.
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How to report a Fundraising Event
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- Fill out the event summary. The information in the event summary is required by law. (WV Code §3- 8-5a).
- List the date of the event, the type of event (reception, dinner, etc.), place, address.
- After the contributions and expenditures are completed, enter the total contributions and total expenditures. To get the net receipt, subtract total expenditures from total receipts.
- List all contributors' names and amounts received through the fundraiser. If a contribution is more than $250.00, or if that person or committee's total contributions to the candidate or committee for the election are more than $250.00, you must also list the contributor's address, and in the case of a person, what that person does to earn a living (occupation), and where that person works (business affiliation). For a committee, list the organization, business, union or other group with which it is affiliated. Contributions of more than $50.00 cannot be cash. The contribution may be made by check, money order, credit card, or electronic fund transfer. Foreign currency cannot be used.
- If a person or political action committee contributes things of value such as food, entertainment, or other non-cash items for use in putting on the fundraiser, be sure to report those as in-kind contributions in that section. See In-Kind Contributions for more information.
- List all itemized expenses (such as invitations, food, hall rentals) relating to any fund-raising event in the expenditure section. Only the total expenditures will be entered in the fundraiser section.
- The total contributions received at all fundraising events will appear on the report summary.
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Exceptions
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- In 1994, the West Virginia Legislature passed a law that would allow political party executive committees to hold certain fundraisers without necessarily reporting individual contributions of monies received at those fundraisers. Only fundraisers that involve the sale of food, beverages, services, novelty items, raffle tickets, or memorabilia may take advantage of this exception, as long as the total profits from such fundraisers do not exceed $5,000 in a calendar year. The names of individuals who spend less than $50.00 a year do not need to be reported. Organizations that hold fundraisers need not report itemized contributions if the total profit is less than $5,000. If individuals or organizations make purchases of more than $50.00, or if the total profits from all such fundraisers exceed $5,000, the normal reporting requirements apply, and all names of all contributors and the amount they contributed must be reported. THIS EXCEPTION APPLIES ONLY TO POLITICAL PARTY EXECUTIVE COMMITTEES.
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