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This document outlines a stipulation, decision, and order regarding a violation of the Political Reform Act by Kellie Burum for failing to timely file the necessary Forms as a Major Donor Committee.
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How to fill out Major Donor Violation Stipulation

01
Begin by identifying the relevant details about the major donor violation.
02
Gather necessary documentation related to the donor's contributions.
03
Complete the identification section, providing the donor's name and contact information.
04
Specify the details of the violation, including amounts and dates.
05
Include any mitigating circumstances that may apply to the violation.
06
Review the stipulation for accuracy and compliance with legal requirements.
07
Sign and date the stipulation form to certify its correctness.
08
Submit the form to the appropriate authority or department.

Who needs Major Donor Violation Stipulation?

01
Organizations or individuals involved in fundraising efforts.
02
Nonprofit organizations receiving large donations.
03
Compliance officers or legal advisors managing donor relations.
04
Entities that have experienced donor-related violations.
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People Also Ask about

FASB ASC 958-605, defines a donor-imposed condition as: “A donor stipulation that represents a barrier that must be overcome before the recipient is entitled to the assets transferred or promised.
In addition to revocation for ingratitude, the donation can also be revoked in the case of non-performance. Although the donation is a gift, the donor may stipulate certain obligations to the donee, certain burdens in the contract.
To be assured their gifts will be used for the purposes for which they were given. To receive appropriate acknowledgement and recognition. To be assured that information about their donation is handled with respect and with confidentiality to the extent provided by law.
With Donor Restrictions These funds include what used to be termed temporarily restricted (funds restricted to a particular use or time) and permanently restricted (funds that carry a restriction permanently, like some endowments or scholarship funds).
A donation agreement may be used to ensure that a donor's promise can be relied upon, set the expectations of both donor and donee, and prevent misunderstandings.
Unconditional: A condition is defined as “a donor stipulation that specifies a future and uncertain event whose occurrence or failure to occur gives the promisor a right of return of the assets it has transferred or releases the promisor from its obligation to transfer the assets.” A conditional transfer is not a
For example, a major donor might decide to give a gift of $650,000 to an organization but require the funds be placed in an endowment. The money they contribute would then be considered permanently restricted.

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The Major Donor Violation Stipulation is a legal document that outlines violations related to major donor contributions in political fundraising, ensuring compliance with campaign finance laws.
Individuals or entities that have made significant contributions to political campaigns, typically categorized as major donors, are required to file the Major Donor Violation Stipulation if they violate campaign finance regulations.
To fill out the Major Donor Violation Stipulation, the filer should provide detailed information about the violation, including the nature of the violation, the date it occurred, and any relevant financial details, ensuring all sections are thoroughly completed.
The purpose of the Major Donor Violation Stipulation is to ensure transparency and accountability in campaign finance, allowing regulatory bodies to monitor and address violations effectively.
The Major Donor Violation Stipulation must report information including the contributor's name, address, the amount of the contribution, the date it was made, details of the violation, and any corrective actions taken.
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