Political Action Committee

A political action committee (PAC) is a tax-exempt 527 organization in the United States that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation. To become a PAC, an organization must receive or spend more than $1,000 for the purpose of influencing a federal election and register with the Federal Election Commission. Corporations and labor unions cannot contribute directly to a PAC, but they can sponsor one and provide financial support for its administration and fundraising.learn more on wikipedia