BIPAC
Founded1963
FocusHelp the business community play a more active role in the public policy process
Location
Area served
United States
Key people
Timothy Riordan, President & CEO
Websitebipac.org

BIPAC (Business-Industry Political Action Committee) is a bi-partisan political organization founded in 1963[1] with a stated goal to elect "business friendly" candidates. It is one of the first political action committees in America.

History

BIPAC was founded in 1963 as “as a political action arm for American business and industry”.[2]

In August 1963, members of the business community provided seed funding to establish BIPAC with the goal of electing business-friendly candidates.[3] The group is not officially affiliated with either political party.[3][4][5][6][7]

Operations

Several distinct legal entities operate within the framework of BIPAC:

  • The Business Institute for Political Analysis is the operations and administrative core of BIPAC. It provides the bulk of BIPAC services and programs. The Institute is a membership organization that does not lobby Congress on issues.[8]
  • The Action Fund is the non-connected political action committee of BIPAC as recognized by the Federal Election Commission. Contributions to the Action Fund can come from individuals and other PACs, but not from corporations.[8]
  • BIPAC's Prosperity Project (P2) helps businesses to promote pro-business politicians to their employees.[9] BIPAC's affiliated state deployment partners (those who officially host the Prosperity Project grassroots initiative in each state) include state Chambers of Commerce.[9]
  • The Friends of Adam Smith was established in November 2000 by the Board of Directors of BIPAC along with many of its members. It is charged to research and promote the historical and relevant link between politics, public policy, and economic freedom.[10]

Initiatives

Employees Vote is a get out the vote initiative to encourage private-sector U.S. employees to vote. Employees Vote provides what BIPAC calls "best practices" to its network of businesses and trade groups about Get Out The Vote strategy.[11]

References

  1. ↑ "BIPAC.org - Who Are We"
  2. ↑ "Harvard Business Review - Study: Employees Want Employers to Talk Politics" November 2, 2012
  3. 1 2 Political brokers: money, organizations, power, and people by Judith G Smith, publisher Liveright, New York, 1972. Chapter 5 "Business-Industry Political Action Committee" by Jonathan Cottin, discusses the origins of the group and its activities through 1970.
  4. ↑ "GOP Angers Big Business on Key Issues" (June 21, 1998) Washington Post
  5. ↑ "Business, GOP Chiefs Reconcile on Agenda" (July 8, 1998) Washington Post
  6. ↑ Business Communications in a Post-Partisan Era
  7. ↑ List of BIPAC's Candidate endorsements for 2010
  8. 1 2 Source Watch page on BIPAC
  9. 1 2 ""Business Lobby: We Will Outgun Unions By 2010"". Archived from the original on 2010-11-21. Retrieved 2010-10-22.
  10. ↑ "Friends of Adam Smith Foundation"
  11. ↑ "Bloomberg Businessweek, "Businesses Turn Out Workers’ Votes to Stomp Tea Party"
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