BIPAC (Business-Industry Political Action Committee) is a political organization that was founded in 1963,
["BIPAC.org - Who Are We"](_blank)
/ref> with the stated goal of electing "business-friendly" candidates. It was one of the first political action committees
In the United States, a political action committee (PAC) is a tax-exempt 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation. The le ...
in America.
It primarily endorses Republican candidates, but also endorses some Democratic candidates.
History
BIPAC was founded in 1963 as “a political action arm for American business and industry”.["Harvard Business Review - Study: Employees Want Employers to Talk Politics" November 2, 2012 ](_blank)
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In August 1963, members of the business community provided seed funding to establish BIPAC with the goal of electing "business-friendly" candidates.[''Political brokers: money, organizations, power, and people'' by Judith G Smith, publisher Liveright, New York, 1972.](_blank)
Chapter 5 "Business-Industry Political Action Committee" by Jonathan Cottin, discusses the origins of the group and its activities through 1970. The group is not officially affiliated with either political party.
/ref>[ Business Communications in a Post-Partisan Era](_blank)
/ref>[List of BIPAC's Candidate endorsements for 2010](_blank)
/ref>
Operations
Several distinct legal entities operate within the framework of BIPAC:
* The Business Institute for Political Analysis is the operations and administrative core of BIPAC. The Institute is a membership organization that does not lobby Congress on issues.[Source Watch page on BIPAC](_blank)
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* The Action Fund is the non-connected political action committee
In the United States, a political action committee (PAC) is a tax-exempt 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation. The l ...
of BIPAC, as recognized by the Federal Election Commission
The Federal Election Commission (FEC) is an independent agency of the United States government that enforces U.S. campaign finance laws and oversees U.S. federal elections. Created in 1974 through amendments to the Federal Election Campaign ...
. Contributions to the Action Fund can come from individuals and other PACs, but not from corporations.grassroots
A grassroots movement is one that uses the people in a given district, region or community as the basis for a political or continent movement. Grassroots movements and organizations use collective action from volunteers at the local level to imp ...
initiative in each state) include state Chambers of Commerce
A chamber of commerce, or board of trade, is a form of business network. For example, a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to adv ...
.["Friends of Adam Smith Foundation"](_blank)
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Initiatives
Employees Vote is a get out the vote
"Get out the vote" or "getting out the vote" (GOTV) describes efforts aimed at increasing the voter turnout in elections. In countries that do not have or enforce compulsory voting, voter turnout can be low, sometimes even below a third of the e ...
initiative to encourage private-sector U.S. employees to vote. Employees Vote provides businesses and trade groups.["Bloomberg Businessweek, "Businesses Turn Out Workers’ Votes to Stomp Tea Party"](_blank)
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References
External links
Official public website of BIPAC
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Political advocacy groups in the United States
Organizations established in 1963
1963 establishments in the United States