What do you mean campaign?
A campaign is a planned set of activities that people carry out over a period of time in order to achieve something such as social or political change. If someone campaigns for something, they carry out a planned set of activities over a period of time in order to achieve their aim.
What is election in simple word?
An election is a way people can choose their candidate or their preferences in a representative democracy or other form of government. The legislature chooses the government, usually by majority vote in the legislature. Some democracies elect a president, who then selects the government.
How much did Obama spend on his campaign?
Between early-2011 and June 30, 2012, the Obama campaign and supporters spent approximately $400 million, according to the Federal Election Commission. Obama won his reelection bid by a margin of 51.06 to 47.21%.
What is the difference between a 501c3 and a 501 c 4?
What does that mean? Under Internal Revenue Service rules, a 501(c)3 is a non-profit for religious, charitable or educational purposes. Donations to 501(c)3 groups are tax-deductible. A 501(c)4 is a social welfare group and can engage in more advocacy and lobbying.
What is the difference between a charity and a non profit?
Charities are exempt from paying income tax, and most supplies are GST/HST-exempt for them. Non-profits do not need to operate exclusively for charitable purposes; they can operate for social welfare, civic improvement, pleasure, sport, recreation or any other purpose except for profit.
How much money can a nonprofit have or carry over from year to year?
You can carryover $25 or $25,000 or $250,000 with no tax implications. That said, unrelated business income can be taxable for a non-profit.
What is the purpose of 501 C 3?
Exempt Purposes – Internal Revenue Code Section 501(c)(3) The exempt purposes set forth in section 501(c)(3) are charitable, religious, educational, scientific, literary, testing for public safety, fostering national or international amateur sports competition, and preventing cruelty to children or animals.
What percentage can a nonprofit Keep?
The nonprofit’s total expenses should not include more than 35 percent for fundraising. Charity Navigator sets a goal of “less than 10 percent” of the nonprofit’s budget for fundraising spending and considers an organization that spends less than one-third of its budget on program expense to be failing in its mission.