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EXHIBIT 1 – JOINT FUNDRAISING NOTICE
Team Nunn (“JFC”) is a joint fundraising committee composed of
Iowans for Zach Nunn (“Campaign”), Call to Service PAC
(“LPAC”) and NRCC (each, a “Committee,” and, collectively, the
“Committees”). Any contribution to the JFC permissible under the
Federal Election Campaign Act, as amended (“FECA”), from
contributors who have not exceeded their applicable federal
contribution limits, shall be allocated among the Committees pursuant
to FECA and the formula set forth in this Notice.
CONTRIBUTIONS MADE BY AN INDIVIDUAL OR FEDERAL NON-MULTICANDIDATE
POLITICAL COMMITTEE:
Individuals or federal non-multicandidate PACs may contribute up to
$322,100. Such contributions shall be allocated in the following
order:
1. Campaign shall receive any contribution not exceeding $7,000,
designating up to $3,500 to the primary election and up to $3,500 to
the general election, provided such limits apply.
2. LPAC shall receive any contribution not exceeding $5,000
annually.
3. NRCC shall receive for its general account any contribution not
exceeding $44,300 annually.
4. NRCC shall receive any contribution not to exceed $132,900 for its
Building Fund, provided such limits apply.
5. NRCC shall receive any contribution not to exceed $132,900 for its
Legal Proceedings Fund, provided such limits apply.
CONTRIBUTIONS MADE BY A FEDERAL MULTICANDIDATE POLITICAL COMMITTEE:
Multicandidate PACs may contribute up to $120,000. Such contributions
shall be allocated in the following order:
1. Campaign shall receive any contribution not exceeding $10,000,
designating up to $5,000 to the primary election and up to $5,000 to
the general election, provided such limits apply.
2. LPAC shall receive any contribution not exceeding $5,000
annually.
3 .NRCC shall receive for its general account any contribution not
exceeding $15,000 annually.
4. NRCC shall receive any contribution not to exceed $45,000 for its
Building Fund, provided such limits apply.
5 .NRCC shall receive any contribution not to exceed $45,000 for its
Legal Proceedings Fund, provided such limits apply.
Contributions to Team Nunn, or to any participating Committee
individually, are not deductible as charitable donations for federal
income tax purposes. Contributions from corporations, labor
organizations, national banks, federal government contractors, foreign
nationals without green cards, and other federally impermissible
sources are prohibited. The contributor’s signature designates his
or her contribution to the elections described above. Contributions
that exceed a donor’s contribution limit to a participating
Committee shall be reallocated to the remaining Committees according
to this allocation formula to the extent permitted by FECA. Any
contributor may designate his or her contribution to a specific
participant Committee to the extent permitted by FECA. Federal law
requires us to use our best efforts to collect and report the name,
mailing address, occupation, and name of employer of each individual
whose aggregate contributions exceed $200 in an election cycle or
calendar year, as applicable.
Paid for by Team Nunn, a joint fundraising committee authorized by
and composed of Iowans for Zach Nunn, Call to Service PAC, and NRCC.
PO Box 8036
Des Moines, IA 50301
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