Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
April 16, 2014

Posts in "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

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

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

Sarah PAC Increases Giving to U.S. Senate Candidates

The federal political action committee of former Republican Vice Presidential nominee Sarah Palin has had sudden surge in giving to U.S. Senate candidates around the country.

Sarah PAC, reported it had receipts of $430,217 and disbursements of $461,368 during the first quarter of the year, leaving $1,086,533 cash on hand as of March 31st.

Small contributions of $200 or less, totaled $344,295. Of the $83,777 that came from 261 itemized donors giving more than $200, the largest amounts came from Florida, California, and Texas. The largest donors were Paul Ellgen, a retired scientist from Fort Myers, Florida, who gave $5,000, and Rhodora Donahue, a homemaker from Naples, Florida, who gave $5,000.

The PAC gave $56,000 to federal candidates during the first quarter, after giving only $10,000 to federal candidates in all of 2013. Full story

Million-Dollar Donors Strengthen American Unity Super PAC

Two million-dollar hedge fund donors are helping to strengthen a Super PAC for the 2014 elections. The Super PAC had only a quarter of a million dollars in receipts last year.

The American Unity PAC, a Republican-oriented Super PAC, reported it had receipts of $2,753,687 and disbursements of $84,634 during the first quarter of 2014. The PAC has $2,776,397 cash on hand as of March 31st.

The major donor was Paul Singer, founder and principal of the Elliott Management Corporation, a New York hedge fund. Singer contributed $1,750,000 on January 16th, and provided $2,662 in in-kind legal services. Singer founded the PAC to encourage Republican candidates to support same-sex marriage. In 2013 the Super PAC spent $51,423 on independent expenditures opposing Rep. Ed Markey, D-Mass., in the 2013 Massachusetts special election to fill the vacant seat previously held by Sen. John Kerry, D-Mass.

Full story

April 14, 2014

Realtors, Goldman Sachs, Comcast Move Money to Cantor

New fundraising reports show the Realtors have engaged more than 75 individual realtors from 35 states to contribute during March to the leadership PAC of Rep. Eric Cantor, R-Va., the House Majority Leader.

The Realtors PAC gave Cantor’s PAC, Every Republican is Crucial (EricPAC), $5,000, and 77 realtors from 35 states contributed $34,500 more.

The PAC reported receipts of $380,206 and disbursements of $282,252, during March, leaving $539,394 cash on hand. The committee received $158,129 in transfers from joint fundraising committees; and $151,000 from PACs and other committees.

The Goldman Sachs Group PAC gave $5,000.  Lloyd Blankfein, CEO and chairman, gave $5,000. The Comcast PAC gave $5,000. The Google NetPAC gave $5,000.

Full story

Chairman Goodlatte Receives $143,000 While Considering Legislation

While considering immigration legislation, and holding a March hearing on the Internet sales tax issue, Rep. Bob Goodlatte, R-Va., chairman of the House Judiciary Committee, received over $143,000 from Internet and high-tech company PACs, their executives and lobbyists.

Goodlatte’s joint fundraising committee, Goodlatte Victory Committee, reported it had receipts of $149,400 and disbursements of $148,768 from January 1 to March 31st., leaving $6,847 cash on hand. All but $6,000 of the receipts came in during the nineteen days after the chairman’s March 12th Internet sales tax hearing and a Silicon Valley fundraising event.

Chairman Goodlatte held the Silicon Valley fundraising event on March 19th. View the TechNet invitation and Roll Call’s article, “Goodlatte to Fundraise in Silicon Valley as Tech Community Pushes Immigration Fix.Full story

April 11, 2014

FEC Seminar for Trade Assns., Membership, and Labor Organizations

The Federal Election Commission has announced a May seminar in Washington, D.C. for Trade Associations, Membership and Labor Organizations and their PACs.

The Commission will hold its seminar at its headquarters in Washington, D.C. on May 21. The session will also be available as a webinar. The staff will conduct a variety of technical workshops on the federal campaign finance  laws affecting these organizations and their PACs. Workshops are designed for those seeking an introduction to the basic provisions of the law as well as for those more experienced in campaign finance law.

Click here for more information on the agenda or to register for the seminar.

Guilty Plea for Foreign Money in U.S. Campaigns

A California luxury car dealer pleaded guilty Thursday to a scheme that moved hundreds of thousands of dollars from a foreign national into U.S. campaigns.

Marc Alan Chase pleaded guilty Thursday to eight counts of violating federal campaign finance laws, including making a contribution in the name of another, conspiracy, and aiding and abetting contributions by a foreign national.

Full story

April 10, 2014

Firman Total to Pro-Kreegel Super PAC Goes Over $900K

A Super PAC that has been active in spending in Florida’s special election to fill the seat of former Rep. Trey Radel, R-Fla., had receipts of $1.1 million during the first quarter of the year.

Values are Vital, a Super PAC, reported it had receipts of $1,102,000 and disbursements of $1,985,008 from January 1 to April 2nd., leaving $126,991 cash on hand.

The major donor was Ronald Firman, a retiree in Miami, Florida. Firman was given a $672,680 contribution refund on February 4, 2014, after having given $525,000 in December 2013 and $225,000 on January 13, 2014. Since January 14th, he has given $825,000. His net aggregate total to the PAC in 2013-2014 is $902,320.

Dave Brown, retiree from Sanibel, Fla., gave $50,000. Anthony Farhat, a home builder from Sanibel gave $1,000. Jack Stephenson, a real estate developer from Punta Gorda, Fla., gave $1,000.

Full story

House Majority PAC Raises $5.3 Million in First Quarter

A Democratic Super PAC has reported raising $5.3 in the first quarter of 2014, including a million-dollar contribution.

The House Majority PAC has now raised $5,285,749 in the first quarter of 2014, leaving $6,968,195 cash on hand as of March 31st. The PACreported it had receipts of $4,262,862 from February 20th to March 31st. Earlier the PAC reported raising $1,022,887 from January 1st through February 19th.

In the first quarter, large donors included Full story

April 9, 2014

Fundraising Puts Rep. Paul Ryan’s War Chest Over $4 Million

A national-wide direct mail fundraising for a former Vice Presidential candidate has helped increase the size of his 2014 campaign war chest to over $4 million.

Ryan for Congress Inc., the campaign committee of Rep. Paul Ryan, R-Wis., has reported receipts of $1,396,793 and disbursements of $595,991 during the first quarter of 2014, leaving $4,007,396 cash on hand as of March 31st, along with $79,548 in debts.

Full story

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