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Big Donors Add to War Chests of Super PACs
Posted at 10:14 a.m. on March 21
Individuals and organizations are continuing to add more funds to Super PACs for use on independent expenditures in the 2014 elections.
New political finance reports covering February financial activity show wealthy individuals and organizations are strengthening the accounts of Super PACs with contributions of $100,000 or more.
The National Association of Realtors gave $2.5 million to its Super PAC, the National Association of Realtors Congressional Fund. The fund now has $3,267,693 cash on hand.
The Engineers Political Education Committee (EPEC) gave funds to two Democratic-oriented super PACs, including $200,000 to the Senate Majority PAC, and $100,000 to the House Majority PAC.
The leadership PAC of Senate Majority Leader Harry Reid, D-Nev., gave $100,000 to the Senate Majority PAC.
Boston Holding Company LLC gave $100,000 to the Republican-oriented Super PAC American Crossroads. American Crossroads also received $100,000 from Mel Sembler, a real estate developer from St. Petersburg, Florida.
Anne Earhart, an investor from Laguna Beach, California, gave $100,000 to the Planned Parenthood Votes super PAC. The PAC also received $75,000 from Aimee Boone, the director of development of Planned Parenthood of North Texas.
Sean Fieler, a co-founder of Equinox Partners LP, gave $100,000 to the super PAC he founded, American Principles Fund. The PAC seeks to get Republicans who oppose gay marriage and abortion rights to talk about the issues.
Michael Bloomberg contributed $200,000 to his super PAC, Independence USA PAC.
John Nau, CEO of Silver Eagle Distributors, Houston, Texas, gave $100,000 to Texans for a Conservative Majority.
As posted earlier, Virginia James from Lambertville, New Jersey, gave $1 million to the Club for Growth Action. Jerry Hayden, from Scottsdale, Arizona, gave $200,000.
As posted earlier, the United Steelworkers gave their Super PAC $648,881 during February.