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Purpose and Services

Fund Democracy's purpose is to serve as an advocate and information resource for mutual fund shareholders.

The Fund Democracy Advocacy Program

Fund Democracy's advocacy program is multi-faceted. Fund Democracy publishes articles that target mutual fund practices, policies and rules that are harmful to fund shareholders.

Fund Democracy also formulates advocacy initiatives and, with the support of a consortium of consumer groups, seeks to effectuate reforms that will benefit mutual fund shareholders. These initiatives include submitting comment letters on rule proposals, asking for hearings on requests for exemptions from fund regulations, lobbying federal and state legislators, submitting rulemaking petitions, filing briefs as a friend of the court in cases that may affect mutual fund shareholder interests, and participating in selected litigation on a pro bono basis.

Find out more about Fund Democracy's articles and advocacy initiatives , or help support Fund Democracy by becoming a contibuting member.

Fund Democracy is currently funded solely by public contributions. An annual membership in Fund Democracy is $25. You can make additional contributions in any amount.

Please note that Fund Democracy's application for nonprofit status is still pending the IRS. It is very likely that the application will be granted by the end of the year, if not sooner, at which time Fund Democracy will send you via email a confirmation of IRS approval and an acknowledgment of your contribution for your tax records. If the IRS denies the application, your contribution will not be tax deductible, and Fund Democracy will refund 100% of all contributions upon the request of the contributor.

If you wish to make a contribution to Fund Democracy, please send it with your name, mailing address and email address to Fund Democracy, 300 Country Club Road, Oxford, MS 38655. Contributions to Fund Democracy will be used solely to pay Fund Democracy's out-of-pocket expenses, such as web hosting, mailing, and other direct expenses. Fund Democracy has no paid employees and pays no salaries to its directors, officers or any other employees. Mr. Bullard, Fund Democracy's founder and president, receives no compensation from Fund Democracy or any financial benefit other than the reimbursement of actual out-of-pocket expenses incurred in connection with Fund Democracy business.