What is the PAC?
International Dairy Foods Association PAC (IDFA PAC) is the voluntary, nonpartisan political action committee of the International Dairy Foods Association (IDFA), of which your company is a member. Registered with the U.S. Federal Election Commission (FEC), the PAC allows IDFA member company employees to pool personal, voluntary financial contributions to support candidates seeking elective office at the federal level who support issues important to dairy businesses.
Why does IDFA have a PAC?
Active employee engagement in the political process is an important means of protecting our industry. Public policy decisions have an impact on the daily operation of dairy businesses. As a leader in our industry and the business community, it’s critical that we be engaged and have a robust, effective PAC.
Is IDFA PAC a “Super PAC?”
No. IDFA PAC is not a Super PAC. A Super PAC, also known as “independent-expenditure only committee,” may not make contributions to candidate campaigns or parties, but may engage in unlimited political spending independently of the campaigns. Unlike our PAC, Super PACs can also raise funds without any legal limit on donation size.
Does the PAC report its contributions and expenditures?
Yes. PAC operations are transparent and compliant with all applicable laws. Because they are regulated by the FEC, PACs are considered the most transparent form of political involvement. As required by law, PAC activity is reported on a monthly basis and publicly disclosed on the FEC website, www.FEC.gov.
What are the PAC’s contribution criteria?
PAC support is based on a variety of factors, including, but certainly not limited to: candidates’ support of our legislative issues, key committee assignments, bill sponsorship and co-sponsorship, and sustained constituent relationships.
Who decides where the PAC money goes?
The PAC is governed by a set of bylaws and supervised by a diverse PAC Steering Committee comprised of representatives of the International Ice Cream Association (IICA), Milk Industry Foundation (MIF) and National Cheese Institute (NCI). PAC support is determined by IDFA’s government relations team and approved by Members of the PAC Steering Committee.
What percentage of my contribution actually goes toward candidates?
Every dollar – 100% - of your PAC contribution goes to support federal candidates for office. Nominal costs of operating and administering the PAC are paid separately by IDFA.
Am I required to contribute to the PAC?
CONTRIBUTIONS TO THE PAC ARE STRICTLY VOLUNTARY. Your decision to join the PAC has absolutely no effect on your status within your company.
How much can I contribute to the PAC?
Individuals are allowed to contribute up to $5,000 per year to the PAC. The PAC has suggested contribution levels which are outlined on the Contribution Card. Contribution levels are only a suggestion and more or less may be given without reprisal. Contributions at any level are always welcomed and appreciated. PAC contributions are not tax deductible.
Who sees how much I give to the PAC?
Federal law requires the PAC to report the name, mailing address, occupation and name of employer for each individual whose aggregate contribution exceeds of $200 in a calendar year. This information is publicly available on the FEC’s website, www.FEC.gov.