Intel recognizes that over the past few years, stakeholders have requested greater disclosure regarding corporate political contributions. As a way to provide continued improvement and clarity for our decision making and disclosure related to political contributions, in 2006 we drafted our first formal policy statement on Political Accountability. In drafting our policy statement, we referred to ...the Center for Political Accountability’s Model Code of Conduct for Corporate Political Spending as a guide. Intel’s policy statement describes long-standing practices and decision processes, but also adds new accountability to our activities in the political realm. In the U.S., corporations are prohibited from making political contributions directly to federal candidates or political parties. However, many states allow corporate contributions to state and local candidates as well as ballot initiatives. Where permitted by law, Intel contributes to local candidates and issues, and to political action committees of organizations with which we share interests. Intel does not contribute corporate funds to federal candidates, political parties, or 527 organizations. We also do not use corporate funds to make independent political expenditures or fund electioneering communications, as those terms are defined by applicable law.
Our policy on corporate contributions is driven by the fact that public policy decisions can have a significant impact on our business and on the interests of our stockholders. Intel carefully monitors policy issues and is engaged in educating government representatives about the implications of key decisions for our business. In addition, Intel provides financial support to candidates whose positions are consistent with our business objectives and public policy priorities (such as innovation, intellectual property, broadband, trade policy and market access, legal reform, digital healthcare, environment, logistics, and education) with the ultimate goal of protecting and enhancing long-term stockholder value.
Read the full Political Accountability Guidelines.