Stock Buyback Deals
A public corporation will be required to allocate a dollar into a UBIF for every two dollars paid out to buy back stock.
Private Equity Deals
When a private equity (PE) firm/fund buys controlling ownership of a public company, the PE will be required to allocate a dollar into a UBIF for every two dollars invested in the public company.
Registered Lobbyists Dealings
Registered lobbyists will be required to allocate a dollar into a UBIF for every two dollars paid out to promote or influence public policy on behalf of a public corporation.
Election Spending Dealings
Public corporations (including those controlled by foreign nationals) will be required to allocate a dollar into a UBIF for every two dollars paid out to promote or influence elections, i.e., campaign advertising.
Convertible Bond Deals
A public corporation will be required to allocate a dollar into a UBIF for every two dollars of share capital received upon a stock conversion.
Donor-Advised Funds (DAFs) In Equity* Growth Funds
A (corporate) public foundation DAF, benefiting from share capital, will be required to allocate a dollar into a UBIF for every two dollars granted* to charity.
*A grant Is defined as a transfer of assets from a donor-advised fund to a qualified charitable recipient.