Steadfast is a newly formed interest group. What are the various funding options available to this group?
What will be an ideal response?
Answer:
A. Funding Options for Interest Groups
1. internal funding; raising money for the ongoing political actions of the interest group
a. depends on size and composition of the group
1. larger groups more successful than smaller groups
2. affluent members can help smaller groups financially
b. levy membership dues for internal operations
1. organization structure important
2. high membership commitment does not have trouble with funds
3. groups with cohesion problems may need to look to fundraising instead
2. external funding; political action committee
a. raise and distribute money for political campaigns
b. individuals can contribute voluntarily
c. important to have a PAC in order to have a foothold in policy making process
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