BUNDLERS Meaning and
Definition
-
Bundlers are individuals or groups who play a key role in the fundraising efforts of political campaigns and nonprofit organizations. In the context of political campaigns, bundlers are highly influential individuals who personally raise substantial sums of money from various sources, such as friends, family, colleagues, or business associates, for a particular candidate or political party. They accumulate these individual contributions into a "bundle" and then present the total amount to the campaign or party.
Bundlers often have an extensive network of connections and a persuasive ability to rally support for their chosen candidate or cause. They act as intermediaries between potential donors and the campaign, leveraging their personal relationships and influence to encourage others to contribute. Their efforts can greatly impact a campaign's financial vitality and ability to compete in a political race.
In addition to political campaigns, bundlers also play a significant role in the fundraising efforts of nonprofit organizations. They utilize their social networks and personal connections to solicit donations on behalf of charities or causes they support. By bundling multiple donations, they can maximize the impact of their fundraising activities and help raise significant funds for philanthropic endeavors.
Bundlers are regulated by campaign finance laws in many countries to ensure transparency and prevent the influence of money in politics. These regulations often require disclosure of bundlers' identities and the amount of money they have raised, providing transparency to the fundraising process.
Common Misspellings for BUNDLERS
Etymology of BUNDLERS
The word "bundlers" is derived from the term "bundle". The term itself traces back to the late 16th century, originating in the Middle Dutch word "bundel" and the German word "bündel", meaning a gathering or a bunch of things tied together. Over time, "bundle" came to refer to a collection of items tied or fastened together for easy carrying or transportation.
In the specific context of "bundlers", it refers to individuals or entities who gather and collect contributions or donations from multiple sources and present them as a bundled sum to a political campaign or cause. The term "bundler" gained prominence in the United States in the early 21st century during political fundraising campaigns.
Similar spelling words for BUNDLERS
Infographic
Add the infographic to your website:
