from "Funk Overload"
by Parker, Maceo
What Are Records
written on April 17, 2007
More news on the fundraising prowess of the presidential candidates in Q1 – 79% of the total funds raised by the candidates came from large donations ($1,000 or more per donation). Small contributions of $200 or less accounted for only 14% of total candidate fundraising in Q1. The Campaign Finance Institute out of the George Washington University provides a break down of the relative contribution of donations of various size for each candidate. Looking at the top three Republican fundraisers, Romney pulled in 88% of total funds from large donors. Giuliani wasn’t far behind with 87% and McCain with 74%. The top three Democratic fundraising also relied heavily on big donors. Clinton’s share from the $1,000+ donation set was 86%. For Edwards it was 77%. Obama, however, seems to have broken away from the pack with respect to leveraging small donors. Though large donations filled the bulk of his campaign chest, he did manage to pull in the largest share of small donations of the top six fundraisers at 22%. This fact bodes well for the Obama campaign as it indicates that he is building a strong and economically diverse base of support. The percentage share of donations of $200 or less were as follows for the other top fundraisers:
Clinton – 9%
Edwards – 15%
Romney – 6%
Giuliani – 7%
McCain – 19%
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