TOYPAC: Working to Build a Brighter Future for the Toy Industry
First launched in 2010, the Toy Industry’s Political Action Committee (TOYPAC) pools contributions from individuals throughout the industry and directs this financial support to key federal policymakers. These contributions have helped the industry develop stronger relationships with key decision makers in both political parties and help to elect legislators whose positions are aligned with the interests of our industry.
A robust PAC amplifies the toy industry’s voice in Washington, DC and provides TIA member companies with additional opportunities to deliver priority messages on the critical issues impacting our businesses.
A list of frequently asked questions about TOYPAC can be accessed here.
HOW TOYPAC WORKS
TOYPAC is regulated by the Federal Election Commission (FEC) and state ethics committees around the country. The process of giving to the TOYPAC, as well as the disbursements to candidates, is fully transparent. TOYPAC is bipartisan and makes contributions based on what is in the best interest of the industry.
FEC regulations prohibit TOYPAC from accepting corporate contributions (and prohibit candidates from accepting corporate contributions as well). The regulations do allow us to accept voluntary personal contributions from individuals in the toy industry. This allows the PAC to work to improve the environment in which TIA member businesses operate.
Contributing to TOYPAC
Member support of TOYPAC demonstrates that TIA has a strong grassroots network, effective leadership, and a committed membership. Given the strict laws governing the operation of a PAC, fundraising is a two-step process:
TIA staff may contact each member with a request that the company complete and return a FEC-required Prior Approval Form. This form gives TIA permission to contact a designated number of your company’s personnel to ask for their financial contributions to TOYPAC. Completing the Prior Approval form does NOT obligate you or your employees to financially support TOYPAC. Typically owners, principals, managers, and other professional personnel may complete the form for your company. The individual who completes the Prior Approval Form should include the names and contact information for all company salaried exempt employees. Only individuals listed on the Prior Approval Form will be contacted.
TIA staff will reach out to individuals identified during the Prior Approval submittal process to provide additional information about TOYPAC and to seek voluntary donations. Contributions are completely voluntary and must be made with personal funds. TOYPAC can accept contributions of no more than $5,000 per calendar year per individual. Contributions to TOYPAC are not deductible for federal income tax purposes.
Contributions are disbursed as directed by the TOYPAC Board of Directors. TOYPAC may give up to $5,000 per federal candidate per election.
TOYPAC FUNDRAISING RAFFLE
As the important 2014 election cycle approaches, a fundraising goal of $30,000 has been established to assure that the toy industry remains on the radar of key legislators and continues to have a meaningful presence in the political arena.
To encourage greater TIA member participation in TOYPAC fundraising, two exciting prize packages will be raffled off this spring! Some restrictions apply. See “The Fine Print” (below) for details.
Submit Prior Approval Form to Become Eligible to Win
(Raffle Period: April 1-30, 2014)
Every toy company that completes and submits a Prior Approval Form will be entered to win a raffle prize package valued at $3,300!
The Prior Approval Form allows TOYPAC to solicit company employees for donations; it does not obligate those individuals to donate. Only individuals listed on a Prior Approval Form will be eligible for Raffle #2.
The raffle closes on April 30, 2014; the winner will be announced on May 1, 2014. The winning company will receive a Toy Fair prize package of:
- FREE 10x10 booth space OR 100 additional sq. ft. of floor space at Toy Fair 2015
- Up to $500 in airfare to travel to Toy Fair 2015
- Up to $500 in hotel stay during Toy Fair 2015
Donate to TOYPAC to Become Eligible to Win EITHER A TOY FAIR 2015 oR A PERSONAL PRIZE PACKAGE
(Raffle Period: May 1-31, 2014)
TIA staff will contact individuals who have given prior approval and request a donation to TOYPAC. For every $100 that you donate, your name will be entered to win a prize package valued at up to $2,800! You may donate up to $5,000.
The raffle closes on May 31, 2014; the winner will be announced on June 2, 2014. The winner can select one of two prize package options:
Toy Fair Package (awarded to winner’s company)
- FREE 10x10 booth space OR 100 additional sq. ft. at Toy Fair 2015
- Up to $500 in hotel stay during Toy Fair 2015
Travel Package (awarded to winner)
- Up to $1,000 for two round-trip tickets to a destination of your choice in the continental U.S.
- Up to $1,000 for hotel stay
THE FINE PRINT
Eligibility: TOYPAC “Raffle #1” and “Raffle #2” (“Raffles” or “Promotions”) are open and offered only to legal residents of the 50 United States or the District of Columbia at least 18 years of age at time of entry. By participating, entrants agree to these Official Rules and the decisions of TOYPAC (“Sponsor”), which are final and binding in all respects. Void where prohibited. TIA employees and immediate family members are not eligible to enter this contest.
To Enter: Completion and submission of a TOYPAC Prior Approval Form constitutes an entry for Raffle #1; entry is limited to one per company. Participation in Raffle #2 is limited to those individuals identified on the Prior Approval Form (or their family members). Donations of $100 or more constitutes an entry; additional entries will be made for every $100 that an individual donates (e.g., a contribution of $1,000 will provide 10 entries for that individual). Individuals can donate up to $5,000 (for a total of 50 entries).
Raffle Periods: Raffle #1 begins on April 1, 2014 and ends on April 30, 2014 at 11:59:59 P.M. ET. Raffle #2 begins on May 1, 2014 and ends on May 31, 2014 at 11:59:59 P.M. ET. TIA reserves the right to extend the contest for up to one month.
Drawings: Winners will be selected in a random drawing under the supervision of the Sponsor. The drawing from all eligible entries received will be held on or about May 1, 2014 for Raffle #1, and on or about June 2, 2014 for Raffle #2. Winners will be notified by email, mail, phone or by such other method as determined by the Sponsor no later than June 30, 2014.
Prizes: Raffle #1 will feature one prize package that includes a free 10x10 booth space or an additional 100 square feet of booth space at the 2015 American International Toy Fair; up to $500 in airfare for travel to Toy Fair; and up to $500 in hotel stay during Toy Fair. Airfare must be purchased by entrant and will be reimbursed by the Toy Industry Association, Inc. (TIA). Hotel reservations will be managed by TIA’s travel partner, Travel Planners Inc, in cooperation with entrant.
Raffle #2 will feature entrant’s choice of one of the following two prize packages: up to $1,000 for two round-trip tickets to a destination of entrant’s choice in the continental U.S. and up to $1,000 in hotel stay (awarded to the winner); OR a free 10x10 booth space or an additional 100 square feet of booth space at the 2015 American International Toy Fair and up to $500 in hotel stay during Toy Fair 2015 (February 14-17, 2014 in New York, NY), awarded to the winner’s company at the winner’s choice. Hotel reservations will be managed by TIA’s travel partner, Travel Planners Inc, in cooperation with entrant.
If prize winners cannot accept prize as stated, or acknowledgement is not received from the prize winners within a reasonable time and following reasonable attempted contacts from Sponsor, the prizes will be forfeited in their entirety. Taxes are the obligation of the winner.
Director, Government Affairs
Toy Industry Association
1200 G Street NW, Suite 450
Washington DC 20004
Phone: (202) 459-0351