Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
April 23, 2014

Posts in "Donors"

April 21, 2014

War Chest of House Democrats Grows to $40 Million

The two House Congressional campaign committees added to their war chests during March, with the Democrats topping $40 million.

The Democratic Congressional Campaign Committee reported it had receipts of $10,340,790 and disbursements of $4,511,496 during March, leaving $40,239,885 cash on hand on March 31st.

The Committee raised $3.8 million from contributors giving $200 or less, and $3.7 million from those giving more than $200. The committee received $2.5 million from PACs and other committees, and $187,800 from joint fundraising committees. Indian tribes gave $249,700. Rep. Jared Polis, D-Colo., gave $32,400.

Full story

Republican Super PAC Raises Over $5 Million From Big Donors

A Republican Super PAC has raised $5.2 million in the first quarter of the year from 24 donors.

American Crossroads, a Republican-oriented Super PAC, reported it had receipts of $5,238,249 and disbursements of $613,597 during the first quarter. Twenty-four donors contributed a total of $5,237,500.

The Major donor was Andrew J. Perenchio, (Chartwell Partners LLC, CA), who gave $2 million. Three donors gave $500,000 each, including B. Wayne Hughes Sr. (chairman of Spendthrift Farm, KY), JWC III Revocable Trust of Joseph W. Craft III(OK), and Warren Stephens (chairman and president of Stephens Inc, AR). Two donors gave $250,000, including Kenneth Griffin (CEO, Citadel Investment Group, IL) and Paul Singer (founder and CEO of Elliott Management Group, NY).

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Obama’s Advocacy Group Has Million-Dollar Donor

President Obama’s advocacy group is continuing to receive donations of several hundred thousands of dollars, including one of $500,000 in the first quarter, which brings the donor’s aggregate contribution total to $1 million since the group was founded.

David Shaw, founder of hedge fund D.E. Shaw, contributed $500,000 in the first quarter of 2014, and $500,000 in the second quarter of 2013.

Organizing for Action, a non-profit tax-exempt organization, released a few copies of a quarterly list of donors last week, but the organization does not post an aggregate donor name or amount list on their website. The limited disclosure is still more than the lack of any disclosure by other 501c3 and 501c4 non-profits that are active in similar hot policy issues such as health care, immigration, and firearms.

A top donor list is included in the article, “‘Grass-Roots’ OFA Snags First Million-Dollar Donor,” by Eliza Newlin Carney, of CQ Roll Call.

April 18, 2014

Labor Union Political Committees Contribute Heavily in March

The political committees of several national labor organizations moved large amounts of political contributions to federal candidates and committees during March, according to early reports.

The American Federation of Teachers AFL-CIO Committee on Political Education reported contributing $898,000 to federal candidates and committees. This included $250,000 to the Senate Majority PAC, a super PAC, and $100,000 to the House Majority PAC, another super PAC. They also made a non-federal contribution of $300,000 to the Democratic Governors Association.

The Carpenters Legislative Improvement Committee, United Brotherhood of Carpenters and Joiners reported contributing $336,000 in March.

D.R.I.V.E., the PAC of the International Brotherhood of Teamstersreported it gave $269,000 to federal candidates and committees. In non-federal contributions, they gave $200,000 to the Democratic Governors Association, and $200,000 to the Democratic Attorneys General Association.

In other early filings for March,  Full story

By Kent Cooper Posted at 2:17 p.m.
Corporations, Donors, PACs

Donor Pleads Guilty to Giving $180,000 in Contributions Through Others

A New York hotel magnate pleaded guilty Thursday to making $180,000 in contributions through straw donors to three federal campaigns.

Sant Singh Chatwal pleaded guilty to conspiracy to violate the Federal Election Campaign Act by giving in the names of others, and for witness tampering. He agreed to forfeit $1 million.

From 2007 to 2011, Chatwal, founder of Hampshire Hotels Management LLC, and founder of the Bombay Palace restaurant, operated several businesses, including restaurants, hotels and a hotel management company. He used his employees, business associates, and contractors who performed work for Chatwall Associates, to solicit contributions on Chatwal’s behalf in support of various candidates and PACs, collect these contributions, and pay reimbursements on these contributions.

Full story

April 17, 2014

Orthopaedic Surgeons Work On Congress

While it was pushing for a “doc fix” to delay cuts in Medicare payments to physicians, the PAC of orthopaedic surgeons contributed over $360,000 to Congressional candidates, leadership PACs, and party committees during the first quarter of the year.

The PAC of the American Association of Orthopaedic Surgeons contributed $361,650 to federal candidates during the first quarter. Orthopaedic surgeons deal with conditions involving the musculoskeletal system. The surgeons use both surgical and nonsurgical means to treat musculoskeletal trauma, sports injuries, degenerative diseases, infections, tumors and congenital disorders.

The PAC reported receipts of $495,670 and disbursements of $368,386 during the first quarter of the year, leaving $1,104,723 cash on hand as of March 31st.

In 2013, the PAC raised $1.7 million and contributed $1.2 million, with 60% going to Republicans. In 2011-2012, the last full election cycle, the PAC had raised $2.8 million and contributed $2.6 million, with 71% going to Republicans. View their PAC financial profile.

Full story

By Kent Cooper Posted at 12:41 p.m.
Donors, PACs

April 16, 2014

Most Efficient Fundraising: Debbie Dingell Spends $12K, Raises $529K

The award for most efficient fundraising this year will probably go to House candidate Debbie Dingell, who in 32 days spent less than $12,000 and raised over a half million dollars.

Debbie Dingell, D-Mich., is running in Michigan’s 12th congressional district to succeed her husband, Rep. John Dingell, D-Mich., who is retiring. Rep. Dingell has served in Congress since December 1955.

The Debbie Dingell in Congress committee reported receipts of $529,807 and disbursements of $11,543 from February 28th through March 31st., leaving $518,263 cash on hand as of March 31st.

Of the $421,698 from individual contributions, all but $23,781 was raised from contributions of $200 or more. Itemized donors showed $186,838 came from Michigan, and $176,479 came from DC/MD/VA.

The donors are a mix of Washington and Michigan social and political players, including Full story

Online Advertising Helps Hillary Clinton Super PAC Raise $5.7 Million

A Super PAC encouraging a presidential run by Hillary Clinton has spent over $1.5 million for online advertising during the last 15 months and raised over $5.7 million.

Ready For Hillary, a Super PAC, reported receipts of $1,705,580 and disbursements of $1,597,306 during the first quarter of 2014, leaving $857,243 cash on hand as of March 31st. During the quarter, the committee spent $375,147 on online advertising; $227,796 on direct mail production, and $209,127 on payroll.

The PAC raised $813,162 from donors giving $200 or less, and $872,100 from 933 contributions of more than $200. Of the itemized large contributions, most came from New York, California, and Pennsylvania. The occupations of ‘attorney’ and ‘retired’ were listed most often.

Major donors in the quarter included Full story

Democratic Governors Association Raises $11.7 Million

The Democratic Governors Association reported raising $11,722,581 and spending $6,753,330 during the first quarter of the year.

Major individual donors included John P. Anderson (retired, AZ) $100,000; and Dennis Washington (founder, Washington Corporations, WA) $100,000.

Top corporate, association, and union donors included AFSCME (DC) $895,000; Service Employees Int’l. IPEA (DC) $495,000; DRIVE Committee (DC) $400,000; Int’l. Assn. of Fire Fighters (DC) $300,000; BlueCross BlueShield Association (IL) $250,000; WellPoint Inc; National Education Assn. (DC) $250,000 and $145,000 from the NEA Advocacy Fund (DC).

Other donors were Full story

Republican Governors Association Raises $22 Million, Lists Donors (updated)

Under the chairmanship of New Jersey Gov. Chris Christie, the Republican Governors Association reported more than $22 million in donations during the first quarter of the year.

The Republican Governors Association, a Section 527 political organization, reported to the I.R.S. receipts of $22,432,846 and disbursements of $15,643,221 during the first quarter of 2014.

Major individuals donors included Mike Shannon (managing director, KSL Capital Partners, WI) and wife Sue, $1 million; Lawrence Degeorge (CEO, LPL Investment Corporation, FL) $750,000; Kenneth Griffin (CEO, Citadel Group, IL) and wife Ann, $525,000 as well as $5,337 in-kind catering; Karen Wright (CEO, Ariel Corporation, OH) $500,000; Daniel Loeb (founder, Third Point LLC, NY); Bruce Kovner (financial executive, Caxton Alternative Management LP, NY) $500,000; $500,000; U.S. Chamber of Commerce & related entities (DC) $500,000; Thomas Rastin (executive vice president, Ariel Corporation, OH) $500,000; Paul Singer (founder, Elliott Management, NY) $500,000; Muneer Satter (investment manager, Satter Investment Management Inc., IL) $250,000; Linda McMahon (executive, CT) $250,000; Diane Wilsey (CEO, A. Wilsey Properties, CA) $250,000; and Donald Trump (chairman and president, The Trump Organization, NY) $250,000; Trevor Rees-Jones (president, Chief Oil & Gas, TX) $250,000; among others.

Top corporate donors included Full story

April 15, 2014

PAC, Founded by Scott Brown, Moves Money to New Hampshire

Funds from a political action committee founded by former Sen. Scott Brown, R-Mass., were given in March to eighteen party committees in New Hampshire, where Brown is now a U.S. Senate candidate.

The PAC reported it contributed $29,000 in March, mostly on March 13th, to 18 local party committees in New Hampshire. The expenditures were marked as “nonfederal contribution.” The committee also gave $10,000 on March 26th to Brown’s then exploratory committee, New Hampshire for Scott Brown. The committee also gave $5,000 on February 24th and $5,000 on March 11th to the New Hampshire Republican State Committee.

The PAC had been the campaign committee of former Sen. Scott Brown, R-Mass. The Scott Brown for U.S. Senate Committee changed its name and type of committee in May 2013 to The People’s Seat PAC. The PAC reported $182,543 cash on hand as of June 30, 2013. The People’s Seat PAC changed its name on March 13, 2014 to the Fiscal Responsibility PAC.

Full story

Study Finds Voluntary Corporate Political Spending Disclosure Lacking

Corporations that stated they would voluntarily disclose their political contributions have been criticized by an organization that went through I.R.S. reports of the recipients to see if the corporations disclosed all.

The Citizens for Responsibility and Ethics in Washington (CREW), a non-profit 501c3 organization, compared the political spending disclosed by 60 companies to what Section 527 political organizations reported receiving from those companies.

The key findings from their new report, “The Myth of Corporate Disclosure Exposed,” stated (1) that 25 of 60 companies had significant discrepancies between what was disclosed and what was reported, (2) 20 companies failed to disclose any of their contributions to Section 527 political organizations, and (3) the discrepancies of 25 companies totaled more than $3.1 million between 2011 and 2013.

Full story

Fred Eychaner Gives $4 Million to Democratic Super PAC

On the second day of Spring, a Chicago multi-millionaire gave a $4 million contribution to a Democratic Super PAC hoping to keep the U.S. Senate in the hands of Democrats.

The Senate Majority PAC reported it had receipts of $11,074,108 and disbursements of $5,749,330 during the first quarter, leaving $8,530,805 cash on hand as of March 31st.

The major donor was Fred Eychaner, chairman of Newsweb Corporation (IL), who gave $4 million on March 21st. In the 2011-2012 cycle, Eychaner gave $14,050,000 to Democratic super PACs.

James Simon, president of Euclidean Capital LLC (NY) gave $2 million. In the 2011-2012 cycle, Simon gave $9,575,000 to Democratic super PACs.

The other major donors were Full story

Republican Super PAC Spends Against Republicans

The war chest of a Republican-oriented Super PAC has been filled by three donors giving hundreds of thousands of dollars in March, but the funds are being spent against a Democrat and several Republicans.

Ending Spending Action Fund, the super PAC of a 501c4 non-profit organization, reported it had receipts of $1,350,000 and disbursements of $375,438 during the first quarter of the year, leaving $977,621 cash on hand as of March 31st.

The super PAC founder, J. Joe Ricketts, former CEO and chairman of T.D. Ameritrade, gave $550,000 on March 17th. Paul Singer, CEO of Elliott Management Corporation, gave $350,000 on March 18th. The Baupost Group LLC of Boston, Massachusetts, gave $450,000 on March 28th.

The super PAC was set up to educate and engage taxpayers about wasteful and excessive government spending.

Full story

John Bolton Super PAC Raises $768K

bolton 002 041105 445x316 John Bolton Super PAC Raises $768K

The Super PAC of John Bolton, a former ambassador to the United Nations and former Assistant Attorney General in the Reagan administration, has raised large contributions from Republican donors in the first quarter.

The John Bolton Super PAC reported it had receipts of $768,937 and disbursements of $89,043 during the first quarter, leaving $1,135,676 cash on hand as of March 31st.

The major donors were Warren Stephens, chairman of Stephens Inc. (AR), giving $500,000; August A. Busch III, retired (MO), giving $50,000; Lawrence Mizel, chairman and CEO of M.D.C. Holdings Inc. (CO), giving $50,000; Thomas W. Smith, investor, Prescott Investors Inc. (FL), giving $50,000; Marilyn Ware, retired (CO), giving $25,000; Andrew W. Swenson, investor, Rhone Group LLC (CT) giving $25,000; Stephen F. Brauer, chairman, Hunter Engineering (MO), giving $25,000; among others.

The PAC spent $24,000 on PAC management; $17,525 on website services; $12,737 for online advertising, among other expenses.

The Super PAC will not make contributions to candidates, parties or PACs, but will make independent expenditures and provide issue-oriented education.

Full story

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