BIPAC

BIPAC (Business Industry Political Action Committee) was formed in August 1963 as the "first business PAC" (political action committee). It is an independent, nonpartisan, membership-based organization. It is supported by several hundred of the nation's businesses, trade associations and politically involved business leaders with affiliated grassroots operations in over forty states and seen as "a potent force in Congressional and state elections"

According to CorpWatch, BIPAC's primary activity is "to influence how the employees of its 400 member companies vote," but it also makes campaign donations to some candidates.

Organization

BIPAC is organized into the several distinct legal entities that operate cooperatively: The Business Institute for Political Analysis is the operations and administrative core of BIPAC which provides the bulk of BIPAC services and programs. The Institute is a membership organization that does not lobby Congress on issues.

The Action Fund is the 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.

Several thousand additional companies, local chambers of commerce and state business organizations also participate in the BIPAC 's Prosperity Project (P2). BIPAC's forty plus affiliated state deployment partners (those who officially host the Prosperity Project grassroots initiative in each state) include affiliates of the National Association of Manufacturers and more than twenty state Chambers of Commerce. BIPAC membership has increased from 50 companies and associations in 2000 to more than 3,700" in 2008.

2010 Endorsements

The candidates BIPAC endorsed can be found here.