Forest City supports candidates and ballot issues at the local, state and federal levels that align with our strategic objectives and core values. We pursue a bipartisan strategy and provide support to members of both major political parties - from the company, and through our political action committee, Forest City United for Sensible Government Political Action Committee (FOCUS PAC). We target our lobbying and political spending to drive economic vitality in the markets we serve and to benefit initiatives that create value for our stakeholders and communities. Candidates who receive political contributions from Forest City must demonstrate alignment with our core values and a commitment to the communities where we operate.
We rigorously monitor all political activity to ensure we remain in full compliance with all relevant laws and regulations. Our Legal Department reviews all political giving requests prior to approving any contributions. In addition, the Corporate Governance and Nominating Committee of the board conducts an annual review of all lobbying and political spending activities.
In 2017, the majority of our political contributions supported local candidates in our core markets.
2017 Political Spending
|Political Action Committees||$4,000||$1,000|
|Social Welfare Nonprofits*||$25,000||$0|