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Joint fundraising committee
Definition
A committee established by multiple political entities (such as a candidate's campaign, the national party, and state parties) to raise money together. A single donor can write one large check that is then divided among all participating committees according to a pre-set allocation formula, effectively allowing much larger individual donations than any single committee could accept.
Examples
- •The Trump Victory Fund in 2024, combining Trump's campaign, the RNC, and 40 state Republican parties, allowing individual donations up to $814,600