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.