E. If I hold a fundraiser in my home for my candidacy, and the total cost is $500 or less, would the home/office fundraiser exception apply, meaning nothing would need to be reported on the Form 460? No. A candidate must deposit any personal funds that will be used to promote their election into the campaign bank account. Therefore, any expenditures made for the fundraiser must be reported on your Form 460. F. May a nonprofit organization hold a joint fundraiser with a political committee? Yes. However, any costs incurred by the nonprofit organization which are not reimbursed by the political committee would be considered to be a nonmonetary contribution from the nonprofit to the political committee. The nonprofit organization should contact the IRS for any possible restrictions based upon the organization’s tax status. G. Is volunteer work provided by some people considered a nonmonetary contribution because of the volunteer’s profession, such as free legal advice provided by a lawyer or bookkeeping done by a CPA? No. Volunteer personal services, regardless of the profession of the individual, are not reportable so long as the individual providing the services is not paid by a third party.
Fair Political Practices Commission advice@fppc.ca.gov
Chapter 4.29
Campaign Manual 2 August 2023 Page 217
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