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Contributions or gifts to Biden Victory Fund are not tax deductible.
The first $5,600/$10,000 from a person/multicandidate committee (“PAC”) will be allocated to Biden for President, with the first $2,800/$5,000 designated for the primary and the next $2,800/$5,000 for the general election. For contributions made after the primary, the full amount of the contribution, up to $2,800/$5,000, will be designated for the general election. The next $35,500/$15,000 from a person/PAC will be allocated to the DNC. The next $150,000/$75,000 from a person/PAC will be split equally among the Democratic state parties from: AZ, CO, FL, GA, MI, MN, NC, NE, NH, NV, OH, PA, TX, VA, and WI. The next $110,000/$55,000 from a person/PAC will be split equally among the Democratic state parties from: AL, DE, KS, LA, MA, MD, MS, NJ, NY, VT, and WV. The next $110,000/$55,000 from a person/PAC will be split equally among the Democratic state parties from: AK, ID, IN, KY, ME, MO, MT, ND, NM, SC, and TN. Any additional funds will be allocated to the DNC, subject to applicable contribution limits. A contributor may designate his or her contribution for a particular participant or participants. The allocation formula above may change if following it would result in an excessive contribution.
Paid for by Biden Victory Fund, a joint fundraising committee authorized by Biden for President, the Democratic National Committee and the State Democratic Parties in these states: AK, AL, AZ, CO, DE, FL, GA, ID, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, PA, SC, TN, TX, VA, VT, WI, and WV.
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