RNC Raises $5.9 Million in July, DNC Raises $3.9 Million
Posted at 9:35 p.m. on Aug. 20, 2013
The Republican National Committee raised $2 million more than the Democratic National Committee during July and sits on $12 million in cash, while the DNC has a net balance of $14 million in debt.
The Republican National Committee reported receipts of $5,859,144 and disbursements of $6,330,364 in July, leaving $12,267,525 cash on hand as of July 31, and no debts.
The committee raised $3.1 million from contributors giving $200 or less and itemized $2.5 million from donors giving more than $200. PACs gave $36,000.
Twenty-nine individuals gave $32,400 each. Selected contributors included: L. Mays (founder/chairman, Clear Channel Communications, Texas); Peter Secchia (retired, Michigan); John Whitehead (retired, N.Y.); Cynthia Whitehead (retired, N.Y.); Robert Rosenthal (CEO, Rosenthal Automotive, Va.); Ray Hendrickson (CEO, Cbd, Mass.); Michael Helton (president, Nascar, Fla.); Christopher Egan (president, Carruth Management LLC, Mass.); Jean Egan (homemaker, Mass.); and Alexander Cutler (chairman & CEO, Eaton Corporation, Ohio); among others.
The committee spent $1,261,042 on postage; $849,585 on mail production services; $812,578 on telemarketing; $719,290 on payroll; and $345,410 on data services; among others. The committee transferred $514,897 to state party committees.
The DNC Services Corp./Democratic National Committee reported receipts of $3,858,625 and disbursements of $5,386,438 in July, leaving $4,143,852 cash on hand as of July 31, with debts of $18,466,369.
The committee raised $2.1 million from contributors giving $200 or less, and $1,458,577 from those giving more than $200. PACs and other committee gave $190,909.
Major donors giving $32,400 included: Matthew Bernstein (professor, Emory, GA); Megan Chernin (CEO, LA Fund, CA); Peter Chernin (president, Chernin Group, CA); Josh Fidler (venture capitalist, Macks & Macks, MD); Charles Modica (chancellor, St, George Medical School at Granada, FL); and Smita Shah (president, Spaan Tech, IL).
The committee spent $638,267 on direct mail; $494,776 on salaries; $229,745 on data services; and $190,909 on list rental; among others. The committee transferred $1,094,624 to state party committees. The committee repaid $1 million on their outstanding loan debt with Amalgamated Bank of New York.