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Posted Aug 21, 2012, 2:04 pm
Conservative super PACs dominated their Democratic rivals in the latest round of fundraising, according to reports from the Federal Election Commission filed Monday.
Restore Our Future, a super PAC supporting presumptive GOP presidential nominee Mitt Romney, brought in $7.5 million in July, finishing with an imposing $20.5 million in the bank. Top contributors include Texas homebuilder and super donor Bob Perry, who gave another $2 million.
Perry was already top donor to the group and the latest donation pushes his total to a whopping $8 million. Another major donor was the Renco Group, a family-owned investment company associated with billionaire investor Ira Rennert, which gave $1 million.
Conservative super PAC American Crossroads brought in $7.1 million finishing the month with $29.5 million in the bank. Texas mega-donor and billionaire Robert Rowling’s TRT Holdings, a private holding company that includes Omni Hotels and Gold’s Gym, gave $1 million. TRT also gave $1 million to American Crossroads in February. Rowling personally gave $1 million to the super PAC in May and another $1 million in July.
Meanwhile, the Democratic super PACs didn’t fare quite as well.
Priorities USA Action, which supports President Barack Obama, brought in $4.8 million in July, a hefty total but well short of the pro-Romney group. It finished the month with $4.2 million on hand, about a fifth as much as the Restore Our Future juggernaut.
Major July contributions include $1 million from Mel Heifetz, a Philadelphia-based real estate investor involved in gay rights; $750,000 from billionaire Jon Stryker, an advocate for saving the great apes of the world and a supporter of social justice issues; and $500,000 from Anne Cox Chambers, primary owner of media giant Cox Enterprises.
Majority PAC, the Democratic super PAC aiming to elect Democrats to the U.S. Senate, took in $2.4 million in July and finished with $3.5 million on hand. Its top contributor last month was the super PAC Working for Working Americans, which gave $1 million.
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House Majority PAC, the Democratic super PAC aiming to elect Democrats to the U.S. House, reported bringing in $764,000 in July. It closed the month with $4.6 million on hand. The month’s top donors include the International Association of Firefighters with $250,000 and the International Brotherhood of Electrical Workers with $350,000.
Former Ron Paul fan and super donor Peter Thiel gave another $1 million to the conservative super PAC Club for Growth Action. The super PAC took in $2.9 million in July and finished the month with $2.4 million.
Joe Ricketts, founder of TD Ameritrade, gave Ending Spending Action Fund, the conservative super PAC he founded, $375,000. The super PAC also got a $24,000 in-kind contribution from its sister nonprofit, Ending Spending Inc., which does not disclose its donors. The super PAC brought in $400,000 in July and finished the month with $218,000.
Tea-party aligned super PAC FreedomWorks for America brought in $539,000 in July and closed the month with $1 million on hand. Its affiliated, non-disclosing nonprofit, FreedomWorks Inc., was the super PAC’s biggest contributor, providing $67,000 in in-kind contributions.
In other outside spending:
Reprinted by permission of The Center for Public Integrity.