What is the NAACP National Voter Fund (NVF)?
NVF is a separate organization created by the NAACP to advance the cause of civil rights. NVF primarily engages in nonpartisan advocacy activities, such as voter registration and get out the vote efforts, issue advocacy, and lobbying. NVF has been recognized by the Internal Revenue Service as a tax-exempt organization under Section 501 (c)(4) of the Internal Revenue Code.
How can you contribute to NVF?
Contributions or gifts to NVF are not deductible as charitable contributions for federal income tax purposes. NVF can receive and will accept contributions from individuals, corporations, and unions, and there are no limits on the amount that a single individual, corporation, or union can contribute.
What are the disclosure requirements regarding donations?
NVF is required to report to the IRS the names and addresses of donors who contribute $5,000 or more in a single year, but this information is not available to the public.
What are the reporting responsibilities as a donor when making a contribution?
Donors to either NVF are generally not required to report their contributions to the IRS or any other government agency, except for individual donors to NVF who may be subject to federal and/or state gift taxes on their donations. This statement is not intended to constitute legal advice, and donors should consult with counsel to ensure compliance with all applicable tax or other laws.
For what purposes will NVF use donations?
Contributions will be used to educate voters and potential voters about important civil rights and voting rights issues, including education, economic development, election reform, Affirmative Action, health care and closing the digital divide. NVF will also use contributions to increase voter turnout in the African American communities through non-partisan voter registration, voter education, get out the vote efforts and issue advocacy, and to provide financial support to the many organizations that share its goals, including state and local NAACP conferences and branches, youth and community based organizations and other allied partners.
Why is NVF considered a non-partisan organization?
NVF does not engage in 'express advocacy' and do not otherwise urge the support or defeat of specific candidates or of candidates associated with specific political parties. NVF also does not make contributions to or coordinate their activities with candidates, candidate committees, or political party committees. NVF is therefore not required to be registered with or to report to the Federal Election Commission.