Releases on Second Quarter 2011 Fundraising This was the first quarter in which
most campaigns were actively engaged in fundraising. Some of the
campaigns provided early summaries or glimpses, while others waited
until the July 15, 2011 FEC filing deadline to announce their results,
reprinted below in order received (oldest at bottom; the parties also
threw in their critiques).
Immediate Release: July
14, 2011 [ed. rec'd July 15 p.m.]
Ron Paul Campaign
Reports $4 Million Cash Available Donations mainly
from a legion of small donors
– Today, the campaign of 2012 Republican presidential candidate Ron
Paul released fundraising totals from its second quarter FEC report.
The presidential campaign pulled in $4.518 million for the quarter.
With $2.97 million on hand, added to a transferable $1.05 million from
Paul’s Congressional campaign committee, it can report $4 million cash
on hand in donations, which have come in mainly from a legion of small
base of small donors who are energized by Dr.
Paul’s message of limited government and individual liberty,” said
Jesse Benton, Ron Paul 2012 campaign chairman. “And unlike other
candidates in this race, none of these contributions are for the
general election, meaning they can all be put toward the nomination
more information on Congressman Ron Paul’s Presidential Campaign, visit
For Immediate Release
July 15, 2011
President Announces $4.2 Million at End of 2nd Quarter
- Republican presidential candidate
Michele Bachmann announced today the campaign is reporting more than
$4.2 million at the end of the 2nd quarter Federal Election Commission
period. The following is a breakdown of the numbers as of June 30,
Total contributions: more than $4.2 million
contributions: more than 88,000
Average contribution: roughly $48.00
Cash on Hand: more than $3.6 million
gotten into the race a little over a month ago, we are pleased with the
progress of our fundraising numbers," Congresswoman Bachmann said. "I
am especially proud of our grassroots fundraising efforts which
indicate we are receiving the bulk of our contributions from the
hard-working American. We are just now starting to reach out to major
donors and look forward to a successful 3rd quarter fundraising
The Bachmann for President campaign is launching an
aggressive major donor program with their newly formed finance team
comprised of the
following fundraising veterans:
Short - Senior Advisor / Finance -
Guy served as
Michele Bachmann's general consultant in 2010, helping her raise a
record $13.5 million dollars. Other recent clients have included
O'Donnell for Senate and Todd Akin for Senate, as well as Susan B
Anthony List and Independent Women's Voice. He has also served as Vice
Wiland Direct, a political direct marketing firm and was previously
Chief of Staff to Congresswoman Marilyn Musgrave from 2003-2008.
Heitman – National Finance Director -
Mary is known as one of the GOP's top
fundraisers, having raised money for Republican leaders Governor Haley
Barbour, Governor Mitch Daniels and Majority Leader Eric Cantor. She
years of federal and state fundraising experience, having most recently
served as Finance Director for the Republican National Committee.
Thomas - National Finance Director –
Jody managed the national political finance
operation for Congressman J.C.Watts, overseeing all campaign and
Political Action Committee fundraising. Since then, she has become a
recognized fundraiser for various conservative campaigns and issues.
July 15, 2011
Pawlenty campaign reports $2 million in bank; $4.5
raised about $4.5
million and has over $2 million cash-on-hand at the end of the second
quarter, according to financial disclosures to be filed with the
Federal Election Commission today.
and put the
Pawlenty campaign in a stronger financial position than the Republican
winners of the Iowa caucuses and New Hampshire primary in 2008 at this
Pawlenty campaign is also announcing seven new national finance
and proven group of Republican
leaders and fundraisers leading our finance efforts,” Gov. Pawlenty
said. “My campaign is raising the resources we need to execute
our strategy in the early states of Iowa and New Hampshire and beyond.
I am thankful to the thousands of donors from every state in the
country who are rallying behind me and have worked hard to build a
solid financial foundation for my campaign.”
July 15, 2011
Santorum Off To Solid
PA - Former Senator Rick Santorum (R-PA) announced today his
fundraising totals as a candidate for President of the United
Senator Santorum, who announced for president just three weeks before
the end of the fundraising quarter, raised $582,348 and his
action committee, America's Foundation, raised $489,866 in the
half of 2011. In total, Senator Santorum's efforts raised over $1
the short amount of time since Senator Santorum has been a candidate
for president, he was able to raise a significant amount of
It is worth noting that Senator Santorum didn't hold his first official
fundraiser until June 22, and between that day and June 30, he raised
nearly half of the money he raised as an official presidential
candidate," said Amanda Kornegay, finance director for Rick Santorum
announcing for president on June 6, Senator Santorum has seen success
in many ways. In addition to raising more than a half million dollars
in three weeks, Senator Santorum's has earned significant endorsements
in the early voting states of Iowa, New Hampshire and South Carolina,
has had several straw poll victories and had commanding performances in
the first two debates," said Mike Biundo, national political director
for Rick Santorum for President. "Senator Santorum's commitment
visiting the early states more than any other candidate is paying
Senator Santorum's presidential
committee will report over $229,000 cash on hand and has no
Transcript of Obama for America Video "Q2
everyone, it's Jim Messina. Our campaign's first Federal Election
Commission report is due on Friday. Before we release it we
wanted to give you the news first. This report is about how much
we spent, how much we raised, and who we raised it from. There's
a lot of Washington chatter about this report, mostly focused on how
much we raised overall, and we'll get to that number, but this report
is really more about what kind of organization we're building, who is
funding that organization and what we're doing with all the money
you've been giving. So let's get into it.
Organizing. We've been reaching out to supporters in all 50
states to re-connect and to get new supporters on board for 2012.
More than 31,000 face to face meetings and more that 290,000
conversations so far.
Small groups have been developing local organizing plans at
grassroots planning session—nearly 650 sessions so far with dozens
more on line.
As for the rest of the summer, our Summer Organizers program to
train first time community organizers is going across the country in
all 50 states. And this Saturday we'll have a major day of action
across the country to register voters, to bring new people into the
political process. So please join us.
So here's how your contributions are helping us as we ramp up the
campaign. The most concrete example are field offices. We
have already 60 up around the country with many more on the way.
Here's what our budgets going to look like in the next few
months. Your early support means we can make more investments
now, giving our organizers more time to build relationships on the
ground, reach more people, and recruit more volunteers.
So how are we going to make all this happen? Our campaign is
based on two organizations.
The first is Obama for America, the same grassroots political
organization founded by the President in early 2007 whose sole mission
is to win the election in 2012 for Barack Obama and Joe Biden.
The Democratic National Committee is the national party. They
obviously share our goals, but they also have a broad goal of electing
Democrats up and down the ballot in partnership with all the state
parties and holding the folks on the Republican side accountable.
We work closely with the DNC to make sure our goals are aligned, so we
formed a joint fundraising committee with the DNC called the Obama
Victory Fund. It's mostly focused on big events, so if you go to
one of these big events around the country, the proceeds are split
between the DNC and the campaign, as are the expenses.
Now let's look at what we all did together in the first quarter
[ed, it's the 2nd Quarter
report, first quarter of the campaign]. I want to get
specific, so let's
talk about Obama for America. The most important thing isn't the
dollar total, but the number of people who pitched in to own a piece of
this campaign. So let's talk about that first. 552,462
people made a donation to this campaign in the first three months—more
grassroots support at this point in the process than any campaign in
political history. Those people made more than 680,000 donations,
demonstrating the strength of their commitment. Congratulations
on this monumental achievement.
We made history on the 2008 campaign with our historic number of
small dollar everyday people making donations of whatever they could
afford. If you look at the comparatile [phon.] four years ago,
you'll see this movement is even stronger. And here's the part I'm
personally very proud of. Ninety-eight percent of all donations
that came in were $250 or less, and our average donation is about $69,
substantially lower than what our average donation in the 2008 campaign
Now let's step back and take a look at the larger budget
Globally we raised more than $86 million, more than $47 million for
Obama for America and more than $38 million for the DNC. Again,
we did this from the bottom up. We didn't accept one single
dollar from Washington lobbyists or special interest PACs, a commitment
no other presidential campaign has made, and which the Republican
National Committee also refuses to make.
We have reason to be proud of what we've built so far, but it's
going to get tougher from here. Our report this week will be more
than 15,000 pages of information about who's making donations and how
we're spending our money. GOP outside spending for 2012 could be
as much as $500 million, but these groups don't report anything.
We're not allowed to see any of those numbers. This is a whole
new ball game like we've never faced before.
Thank you so much for all you've done—for your donations, for
volunteering, for talking to your friends and family about the work the
President has done. But your job, my job, our job is to bring
more people into this campaign, more people working together to make
the changes we know we need across this country. Thank you very,
Ed. Note. While emphasizing
small donations, the campaign also released, on July 15, a list of 244 bundlers who, according to
OpenSecrets.org's Michael Beckel, helped bring in at least $34.95
million of the $86 million reported by Obama for America and the Obama
Victory Fund. July
PRESIDENT REPORTS $18.25 MILLION IN TOTAL RECEIPTS FOR THE SECOND
Boston, MA – Today, Romney
for President announced it raised $18.25 million in total receipts for
the Second Quarter ending June 30, 2011. This total represents only
primary contributions; the campaign did not raise general election
Romney for President National Finance Chairman Spencer Zwick said,
“Voters are responding to Mitt Romney’s
message that President Obama’s policies have failed and that we need
new leadership in Washington. Our fundraising for the second quarter
represents the strong support Mitt Romney has across the country.”
Facts About Romney For President’s
$18.25 Million In Second Quarter Fundraising: ·
31% July 5, 2011
$12 million cash on hand
WASHINGTON, DC - Restore
Our Future today reported it raised $12 million in the
first six months of the year and ended the reporting period with $12
million cash on hand.
"There is tremendous support across the country for Mitt Romney," said
Charlie Spies, treasurer for Restore Our Future. "
President Obama has taken our nation down the wrong road
with out-of-control government spending that has produced no real
results. Voters are fed up. Americans are coming out in
Gov. Romney because they are confident he has the experience to turn
our economy around."
Restore Our Future is
a FEC registered "Super PAC" and will file its report, as required, by
July 31, 2011. All donors and expenditures through June 30 will
disclosed at that time. July
1, 2011 statement
from Press Secretary Alex Conant "Gov.
Pawlenty will report that his campaign has raised about $4.2
million, and begins the third quarter with more available cash-on-hand
than the Republicans who won the Iowa caucuses and New Hampshire
primary had in July 2007." July 1, 2011
Cain Previews First
(Stockbridge, GA)- Republican presidential candidate Herman Cain
today released an overview of his first campaign finance report, in
advance of the reporting deadline of July 15.
While many candidates started with significant funding prior to the
official launch of their campaigns, Cain’s operations started with $0
and have raised more than $2.46 million. The campaign boasts $0 in
campaign debt, which Cain believes is a testament to his business
“I am pleased to announce that our campaign has absolutely no debt,”
Cain said. “I believe our country is in serious economic trouble, with
politicians in Washington spending more than they take in. In my career
as a business executive, I employed sound economic principles of fiscal
responsibility that I will maintain throughout my campaign. I hope to
set an example to those in Washington who should be doing the same.”
Friends of Herman Cain has received contributions from more than
27,000 individuals who have donated amounts ranging between $1 and the
Federal Elections Commission maximum of $2,500. Donors hail from all 50
“We are immensely appreciative of the outpouring of generosity from
so many supporters across the U.S.,” Cain said. “I am humbled by the
trust so many have put in me and assure them I will never forget where
I come from, what I stand for and what matters to us as Americans.”
On the heels of increasing poll numbers and positive fundraising,
Cain plans to announce additional staff, both “on the ground” and at
campaign headquarters, in the coming weeks.
Ed. note: For the last
week or two there have been a steady stream of fundraising emails from
the campaigns in the lead-up to June 30 and the close of the 2nd
Quarter fundraising period. This press release from the Campaign Finance Institute does a
good job of providing perspective.
For Immediate Release
June 30, 2011
Contact: Michael Malbin
Looking Back for Perspective and
campaigns will be giving out summaries of their fundraising receipts
after the 2nd quarter closes today, even though the official disclosure
reports will not be available until July 15th. Since each campaign will
put the best light on its own results, we thought it useful to offer
some historical information to let readers judge on their own.
to this release are two tables. One shows the receipts for all of the
major candidates as of June 30, 2007 (the same point in the ’08
election cycle), along with a breakdown by type of donor. A second
gives fewer details, but presents June 30 information back to 1995.
Here are some of points we’ll be looking for in the coming reports.
Record Quarter for Obama? Record Half Year?
we see a record this quarter for the most money raised in any quarter
of the year prior to the election? Maybe. The top off-year quarter so
far was George W. Bush in the third quarter of 2003, with $50.1 million.
Obama’s campaign says its goal is $60 million, but press reports
suggest that may include about $15 million already known to be raised
for the party. Obama’s best quarter in 2007 was the second, when he
raised $33.1 million. His cumulative total was $59 million through June
Small and Large Donors:
Obama had a record number of small donors in 2007-2008, raising 24% of
his total funds from donors who aggregated to $200 or less over the
full two-year cycle. But in the first six months of 2007, 60% of his
money came from donors who gave $1,000 or more, before his small donor
bandwagon got going. With reports of his recent fundraising, will the
President’s large donor percentage once again dominate his early
Bachmann was the leading small donor fundraiser among House candidates
in 2010, raising about half of her $13 million from donors aggregating
to $200 or less. But $13 million is a long way from $750 million. Can
she maintain these small donor proportions as her totals get bigger?
Romney is considered by many to be a front runner among Republicans in
the early going. His staff has told reporters he will raise about $20
million this quarter, which is his first quarter after declaring
candidacy. In 2007, Romney raised $23 million in the first quarter and
another $21 million in the second. Even discounting for the $9 million
he had lent his own campaign as of June 30, 2007, his 2011 pace seems
well off the pace from four years ago. BUT:
There’s A Long Way to Go -- and Don’t Overrate Early Money
2008 Romney campaign (along with Rudy Giuliani’s) should remind us that
early money is not the most important key to success. Romney and
Giuliani were the top two fundraising GOP candidates in the first half
of 2007, but they did less well in the primaries than Mike Huckabee
(only $1.3 million raised by June 30) and the eventual nominee, John
McCain ($24.7 million raised, but with a campaign short of cash and
seemingly headed toward bankruptcy).
Republicans deliberately changed their rules for 2012 to make for a
slower nomination process. A process that is slower to end means there
is more time to start. It could be that Romney has learned from 2007
not to overemphasize early money at the expense of other and perhaps
more important aspects of his campaign.
fact is that no one with low receipt totals should be counted out this
early in the season. Whatever receipt totals may be reported by Romney,
Bachmann, Tim Pawlenty, Jon Huntsman, Ron Paul, Rick Santorum, Herman
Cain and Newt Gingrich, it’s still early days. Anyone who thinks
otherwise should go back up the page and remember Mike Huckabee. With
Iowa not scheduled until February, the more telling report for an early
breakout candidate will probably the one coming three months from now.
Table 1: Presidential Candidates Fundraising Activity through 2nd
Table 2: Primary Money Raised and Spent Through the 2nd Quarter Odd
Years of Presidential Elections, 1995-2007
The Campaign Finance Institute is a
nonpartisan research institute based in Washington DC. Statements of
the Campaign Finance Institute or its staff do not necessarily reflect
the views of CFI's trustees or financial supporters.