Wednesday, July 3, 2019

Fund-raising Pete

The end of June was reporting time for second-quarter fund-raising by presidential candidates.   Joe Biden retains the top-dollar amount, largely because of access to the Democratic Party's large donors.   I suspect that's going to change.

But, somewhat surprisingly, Pete Buttigieg ran him a close second this quarter, raising a staggering $24.8 million.  What Pete has done, more than any other candidate, is tap into both big donors as well as one-time, small amount donors.   Most candidates have concentrated on one or the other.   No one has done as well combining both as has Mayor Pete.

For example, during this three month period, he attended about 50 high-dollar fund-raising events -- but also 20 "grass-roots" events, where ticket prices start at $15.  The average donation over the course of his campaign has been $47.

The Buttigieg campaign reported that he added more than 230,000 new donors during the second quarter, bringing his total individual donor list to more than 400,000.

Ralph

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