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Campaign Contributions by Non‐profit Executives and Government Grants
Author(s) -
Cox Christian
Publication year - 2020
Publication title -
oxford bulletin of economics and statistics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.131
H-Index - 73
eISSN - 1468-0084
pISSN - 0305-9049
DOI - 10.1111/obes.12341
Subject(s) - politics , non profit , workaround , profit (economics) , commission , economics , business , public administration , public economics , accounting , finance , political science , microeconomics , law , computer science , programming language
United States election candidates seek monetary support for their campaigns and many individuals oblige. Non‐profit organizations are limited in their political spending, but their executives, in a personal capacity, are not. This paper investigates whether individual campaign contributions are a political workaround for non‐profits. I pair non‐profit tax filings and Federal Election Commission records to form the first large‐scale panel linking non‐profit executive contributions and non‐profit financials. My analysis covers the 1998, 2000 and 2002 elections for 29,682 non‐profit organizations. I estimate a series of models and find an economically significant, robust and positive relationship.