TAFF isn't, or shouldn't be, a forum for settling other scores. There have been times when people who've been asked to stand for TAFF have put off doing so because someone they can't abide is already in the race. For an ideal race, try Dave Langford and Jim Barker in 1980. Not only did they nominate each other, the two co-edited a special oneshot that was sold to raise money for the fund. As is sensible, the fund has rules and precedents, but a study of its overall history reveals that these have been interpreted both consistently and with consistent flexibility.
Further study reveals two more things.
An amiable letter, though, will get you an amiable response. Ultimately, TAFF comes out of that old ideal of a participating fannish community. Structurally it can accommodate participation by hundreds more people than usually vote these days, but there's a potential pitfall there. TAFF is simple in theory, and subtle and complex in practice. Not giving beans for the institution means you can quite happily ignore it.