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Contributions or gifts to Biden Victory Fund are not tax deductible.
Biden Victory Fund accepts contributions of up to $929,600 from an individual person. The first $6,600 will be allocated to Biden for President, with the first $3,300 designated for the primary and the next $3,300 for the general election. The next $41,300 will be allocated to the DNC. The next $510,00 from a person will be split equally among the Democratic state parties from: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, and WY. Any additional funds will be allocated to the DNC, subject to applicable contribution limits.
A contributor may designate his or her contribution for a particular participant by contacting [email protected]. The allocation formula above may change if following it would result in an excessive contribution. Contributions will be used in connection with federal elections, may be spent on any activity as each committee determines in its sole discretion, and will not be earmarked for any particular candidate. Federal law requires us to use our best efforts to collect and report the name, mailing address, occupation, and name of employer of individuals whose contributions exceed $200 per election cycle. Biden Victory Fund does not accept contributions from corporations or their PACs, unions, federal contractors, national banks, those registered as federal lobbyists or under FARA, SEC-named executives of fossil fuel companies, or foreign nationals.