FBA has three types of paid memberships: Regular Membership, Associate Membership, andFounding Membership. All paid memberships receive benefits including the weekly FBA News Summary, participation in FBA events, legislative and regulatory updates, are listed in the FBA website, can serve on FBA Committees, and are recognized as supporters of FBA. Companies that want to become members have the option of joining as a Regular Member, as an Associate Member, or as a Founding Member, as explained below:
1. Regular Membership
Regular Memberships are open to family businesses that conform to this definition:
- Ownership control of a privately held enterprise by members of a family or partnership of families
- Strategic influence by family members on the management of the firm, whether by being active in management, by continuing to shape the
culture,and/or by serving as board members or advisors
- The desire for continuity and succession across generations
|Company Revenues||Annual Dues|
|$100 million or more||$5,000|
|Less than $2.5 million||$250|
2. Associate Membership
3. Founding Membership
TAX DEDUCTION INFORMATION:
Dues payments are not deductible as charitable contributions for federal income tax purposes. Due payments may be deducted as an ordinary business expense, subject to exclusion for lobbying activities. The IRS prohibits deducting, for federal income tax purposes, the portion of your membership dues which are allocated to state and federal lobbying activities. The portion of your dues that is lobbying and, as such, would be excluded from your ordinary and necessary business expenses deductions on your federal income tax return will be communicated to you one month after the calendar year-end.
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Begin your application by clicking the “Sign Up” button in a category below.