Realized 1031 Glossary of Terms

Super Political Action Committee (PAC)

Written by The Realized Team | Jun 22, 2022 12:00:00 PM

A political action committee (PAC) is a group of people formed to raise money for a political campaign with the ultimate goal of influencing the election. Super PACs raise unlimited funds for the same reason but can’t donate directly to a campaign. Corporations are not allowed to contribute directly to campaigns but can funnel that money through a PAC to support the campaign. While Super PACs cannot contribute to a campaign, they can spend money in other ways that support the campaign. Once an organization raises $2,600, it is considered a PAC.