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RPAC Frequently Asked Questions

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What is a “Fair Share” goal?
 
The fair share goal is determined by the number of members on record as of November 30th of the previous year.  Fifteen dollars per member is assessed as the fair share for each local association to raise.  The local associations that raise at or above that figure for the fundraising year receive 35% of their total fundraising proceeds back to support REALTOR® friendly local candidates and fund local issue initiatives.  Those local associations who do not meet this “fair share” goal receive only 12% of funds raised back for local initiatives.
 
What is the difference between personal and corporate dollars?
 
Personal (hard) dollars are contributions made with an individual’s personal funds including cash, personal credit cards, money orders and personal checks.  Under federal election law, only personal dollar contributions can be used to fund legislative candidates running for office.  Corporate (soft) dollars are contributions made by corporate check.  Corporate dollars can be used for issues campaigns, opportunity races, media buys and are deposited into a separate account at the National level to ensure they are not used by political candidates.
 
What contributor information do I need to include with checks?

Both federal and state election law require documentation of all contributors.  We need the following information on each contributor:
  • Name
  • Home Address
    		•
  • City
    		•
  • State
    		•
  • Telephone number
    		•
    A simple way to satisfy this requirement is to make sure each contributor fills out the RPAC investment form. -- CLICK HERE FOR FORM – link to PDF version of form to download?
     
    What types of contributions are prohibited?
     
    There are three types of contributions prohibited by both federal and state election law:
    Contributions made in the name of another.  Working for a 100% office, Mr. RPAC Fundraiser throws in a $5.00 contribution and attributes it to Ms. Don’t Ask Me For Nothing.
    Anonymous contributions:  Collecting cash from 15 individuals and depositing it in your personal checking account so that you can write a personal check.  The original contributors are anonymous in this type of transaction.  A money order is your best option.
    Contributions from foreign nationals:  All contributors must be legal citizens of the United States.  Corporate contributions from a company headquartered in another country also fall under this rule.
     
    Is there any limit on how much money an individual or corporate entity can contribute?
     
    Under Indiana election law, we have a $5000.00 corporate contribution limit which is an aggregate for the entire year.  The total amount received at the state level must not exceed $5000.00 in a calendar year.  If you consider contributing a large corporate contribution, please keep this limit in mind.  Any monies received at the state level over the $5000.00 limit will be retuned to you.
     
    What is the disclaimer that should be included in any solicitation of RPAC funds?
     
    RPAC contributions are not deductible for Federal income tax purposes.  Contributions are voluntary and are used for political purposes.  You may refuse to contribute without reprisal or otherwise affecting your membership rights.  70% of your contribution goes to your State Association to support state and local political candidates and issues.  Up to 30% is sent to National RPAC to support Federal candidates against your limits under 2 U.S.C. 441a.  Indiana RPAC does not accept corporate contributions, of which 30% may be eligible for NAR’s PAF Fund.  Submission of this form indicates an understanding that corporate contributions to Indiana RPAC are subject to the limits established in I.C. 3-9-2-4.  Corporate contributions will be allocated among the categories therein.
     
    Are cash contributions accepted?
     
    No.  SEIBR has adopted a "no cash" policy.  Generally speaking, sending cash is not a good idea and can be easily converted into a money order.
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    General Information: staff@seibr.com
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    Last modified: Sept. 17, 2007
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