Wednesday, August 1, 2012

Ace your state and federal disclosures in political fundraising




When you are raising money for political fundraising campaigns you have to deal with state and federal regulation with respect to campaign donation disclosures. This is easier said than done.

There was a good article in the Boston Globe recently on how Massachusetts political candidates are improving their campaign donation disclosures. Having all your donation information in one central database sure makes it easier to comply with these regulations.

A great example is Fundly user, Mary Z. Connaughton for State Auditor. Mary Z. has set the standard by providing full compliance information for more than 97 percent of donors.

As a contrast, Mary Z.’s competitor, Suzanne M. Bump for State Auditor, is the worst filer. Ms. Bump (great name) only provided information for 61 percent of her major donors as of the end of September.

Data is power. Campaigns can make better decisions when they have good data. Fundly gives campaign fundraisers the power to make good decisions, which is especially important in these last 24 days of the election cycle.

There are many other benefits of a centralized donor database; not in the least your ability to leverage past donor to raise more money. This will be the topic of a future Fundly blog post!

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