We’ve just come back from the 2018 President’s Circle Conference. RPAC and, specifically, President’s Circle had a banner year in 2017, breaking records with 35% member participation and 1,207 President’s Circle members, respectively. This year’s President’s Circle Conference was no different with more than 1,500 attendees and a stellar line-up of speakers. The event also led to record investments, totaling more than $178,000.
For those of you who are not familiar with this RPAC Program, President’s Circle allows REALTORS® to contribute directly to REALTOR® Champions at the federal level. Why? Federal election law prohibits RPAC from making more than $10,000 in direct contributions to any single federal candidate during an election cycle – a pittance in today’s age of multi-million dollar congressional races. However, individual members may make contributions of their own. As a result, NAR member contributions routinely exceed $100,000 for each Member of Congress chosen for President’s Circle support. This level of financial strength ensures our REALTOR® Champion candidates have the financial resources they need to successfully seek re-election and continue advocating for public policy positions shared by REALTORS®. To date, nearly $12 million in direct contributions to have been given to 151 candidates from 47 states*.
The President’s Circle Conference is a two-day annual meeting that gives President’s Circle members the opportunity to meet and hear from congressional leaders and staff, and political and public policy experts to discuss salient issues. This year, South Carolina Senator and REALTOR® Champion Tim Scott inspired the crowd, thanking our members and staff for their bipartisan support of homeownership. He noted that, “financial independence is the cornerstone of the American Dream,” and told personal stories of his close relationship with his Federal Political Coordinator, Michael Sally, and the support he received during the tax reform debate.
We encourage you to learn more about President’s Circle, and hope to continue breaking records and seeing more friendly faces at the 2019 President’s Circle Conference.
*This figure does not include national political party contributions.