Fundraising in Political Campaigns

Introduction

Party organizations often complain: "If we had money we could do more in promoting and attracting new members, acquisition of equipment, could hold more events ...." Most parties do not have enough money. Fund-raising should be a priority for any party. This problem must be considered when determining the structure and staffing of the apparatus of the party. The central apparatus of the party to be chief financial officer, responsible for developing methods for raising funds, training of party cadres to these methods and the establishment of appropriate structures at the regional, district and local levels. Chief Financial Officer is responsible for fundraising in general, treasurer - for control of financial resources and reporting. In the offices of the party, one of the party workers must also develop and implement a plan for fundraising. Will it be a staff member or trained activist, depends on the resources available to the party (Francia & Herrnson, 28-42).

Public funding of political parties

For efficient operation of political parties need money. Because it is - the most important condition for the viability of the party, there is a danger that the competitiveness of the party may suffer as a result of unequal access to financial resources. Public funding of political parties - one of the methods by which the democratic countries of the following tasks: 1)The parties are given equal opportunities to participate in election debates, and advertising campaigns in the media, and 2)Preventing conflicts of interest associated with the private funding of political parties. The public financing of a combined approach that includes public subsidies to political parties under limiting amounts of expenditure and costs (Michaelson, 156-174). There are five main types of such financing parties and their candidates:

1)State subsidies for election campaigns, and

2)A fixed annual payment of the current activities, and

3)Free airtime during the campaign, and

4)Grants to organizations associated with political parties, in particular, research and educational institutions,

5)Special conditions of taxation in cash receipts of the party (Ryan & Weissman, 36-75).

In this limited amount of private contributions and the total cost of election campaigns. Generally, state subsidies are granted after the party pick up a certain number of votes (e.g. 5% of the total number of votes in previous elections). Sources of funds for public funding in different democratic countries are different. In the U.S. presidential election financing through tax returns - citizens to file tax returns, in particular the graph indicates the amount you wish to voluntarily contribute to the fund to finance campaigns. In other countries, the means to political parties and their candidates stand on the relevant article of the state budget. No country has yet managed to create the perfect system for financing political parties (Corrado, Mann & Potter, 112-124). At the same time, many countries are making great efforts create equal conditions for the struggle between political parties and their candidates, as well as reduce the negative impacts associated with the hidden funding from private sources.

Develop a plan and program budget

Despite the fact that annual ...