Statement on Federal, State and Local Political Expenditures
The Boeing Company Political Action Committee (BPAC) is a voluntary, nonpartisan political action committee established by The Boeing Company in accordance with federal law. BPAC is governed by a committee comprised of Company employees and funded solely from the voluntary personal contributions it receives from its members, who are employees of the Company eligible to be solicited for and to make contributions under federal election law. BPAC provides direct contributions to the campaigns of candidates seeking federal offices, as well as selected state campaigns where such contributions are allowed. BPAC makes contributions under the supervision of the Senior Vice President, Government Operations in compliance with applicable laws and regulations. Authority to approve BPAC contributions has been delegated to the BPAC Treasurer (Corporate Vice President, Legislative Affairs). BPAC contributions are made on a nonpartisan basis in support of candidates who support business issues of importance to the Company and its shareholders.
The Company does not make contributions to candidates for federal office or to national political party committees, or contributions to candidates for state or local office in states where corporate contributions are prohibited.
Certain states and localities permit corporate contributions to candidates and political parties. The Company makes political contributions in such states and localities when the Company believes contributions to be in the best interests of the Company and its shareholders. The Company also makes contributions in support of, or in opposition to, specific ballot issues in which the Company has a substantial interest.
The Company makes corporate political contributions in state and local elections up to an amount authorized by the Board of Directors, in compliance with applicable laws and regulations. Authority to approve political contributions has been delegated by the Board of Directors to the Chief Executive Officer who, in turn, has delegated authority to approve specific contributions to the Senior Vice President, Government Operations. All political contributions are recommended by the Government Operations organization and are reviewed for compliance by the Vice President and Assistant General Counsel, Government Operations and an outside firm before they are presented to the Senior Vice President, Government Operations. Contributions are made on a nonpartisan basis in support of candidates and committees who support business issues of importance to the Company and its shareholders.
- 2011 No Corporate Political Expenditures Were Made
- 2011 Boeing Political Action Committee (BPAC) Political Expenditures