2020 campaign second-quarter fundraising totals released
Author Marianne Williamson raised $1.5 million for her presidential campaign in the second quarter of 2019, placing her toward the bottom of the Democratic field.
Williamson’s numbers were basically flat compared to the previous quarter, when she also raised $1.5 million. The campaign spent about as much as it raised in the period, $1.5 million, and will enter the third quarter with just under $550,000 in cash on hand.
Small-dollar donors accounted for about 70% of the funds that Williamson raised from individual contributions.
Williamson tweeted Monday that she needed 46,000 more individual donors to meet the fundraising requirement for the third primary debate in September -- set at 130,000 -- meaning her campaign had around 84,000 donors as of her filing.
Here’s a quick update on how the second-quarter fundraising stacks up for Democratic presidential candidates, based on campaign releases and early Federal Election Commission filings. Some candidates haven’t disclosed their fundraising totals yet.
One thing is clear: The crowded field has divided into two tiers.
The fundraising leaders:
- South Bend, Indiana, Mayor Pete Buttigieg: $24.8 million (Includes more than $832,000 earmarked for the general election)
- Former Vice President Joe Biden: $21.5 million
- Massachusetts Sen. Elizabeth Warren: $19.1 million
- Vermont Sen. Bernie Sanders: $18 million
- California Sen. Kamala Harris: Less than $12 million
- Washington Gov. Jay Inslee: About $3 million
- Former Housing and Urban Development secretary Julián Castro: $2.8 million
- Businessman Andrew Yang, $2.8 million
- Colorado Sen. Michael Bennet, $2.8 million
- New York Sen. Kirsten Gillibrand, $2.3 million
- Montana Gov. Steve Bullock: $2 million
- Former Colorado Gov. John Hickenlooper: $1.1 million
- New York City Mayor Bill de Blasio: Nearly $1.1 million
- Ohio Rep. Tim Ryan: $876,000
- Former Maryland Rep. John Delaney: $284,476 (Doesn’t include five loans, totaling $7.75 million that Delaney made to his campaign in May and June.)
Former Maryland Rep. John Delaney continued to boost his campaign with his personal fortune in the second quarter of 2019, lending $7.75 million to his bid.
It was necessary: Delaney raised just under $285,000 during the period, with just over $71,000 coming from small dollar donors, both among the lowest totals posted by the 2020 Democratic field.
Delaney also spent heavily, with nearly $11.2 million in expenditures. He ended the quarter with more than $7.4 million in cash on hand, enough to stay in the race. But with lackluster fundraising, he’s a long-shot to make the third primary debate stage, and he will likely have to continue to use his personal wealth to sustain his campaign long-term.
Delaney had already lent or given his campaign a total of $16.2 million before this latest second-quarter infusion.
Former Colorado Gov. John Hickenlooper raised about $1.1 million during the second quarter and ended the fundraising period with just $836,000 cash on hand, numbers that put him at the bottom of the Democratic field.
Hickenlooper spent ($1.6 million) more than he raised during the period, for an effective burn rate of 143%. Hickenlooper also raised less than a quarter of his Q2 funds from small dollar donors.
CNN reported earlier this month that Hickenlooper was shaking up his campaign after so far failing to gain traction in the race. While the former Colorado governor maintains he is staying in the race, Democrats close to Hickenlooper, speaking on condition of anonymity, said he intends to reassess after the Detroit debate.
The combined campaign apparatus of President Donald Trump and the Republican National Committee raised a whopping $108 million during the second quarter of the year, his campaign announced Monday.
Three Trump-related groups – his presidential campaign and two fundraising committees operated jointly with the Republican Party – raised a combined $56.7 million, according to a campaign news release. The RNC raised $51.3 million through the end of June, according to the release.
All four entities will report that they have $123.7 million in available cash in the bank as they ready for an expensive 2020 campaign.
The big haul and Trump’s early fundraising start underscore the financial advantage Trump has over the Democratic field, where two dozen candidates are vying for their party’s presidential nomination.
RNC Chairwoman Ronna McDaniel said the party is plowing money into building a field program to re-elect Trump and help down-ballot Republicans next year.
“Yet another record-shattering fundraising haul gives us a major advantage over the crowded field of Democrats as the RNC continues investing in our world-class field program and growing our incredible grassroots army,” McDaniel said in a statement.
Trump’s “record of success for America is drawing unprecedented support,” campaign manager Brad Parscale said.
The campaign said it has received more than 957,000 donations during the three-month period.
The numbers released Monday, ahead of Trump’s official filings with the Federal Election Commission, are about $3 million more than the preliminary figures the campaign announced earlier this month.
Kirsten Gillibrand raised $2.3 million during the second quarter of 2019, her presidential campaign announced Monday -- less than she raised in the first quarter ($2.9 million), and significantly behind her leading opponents.
The New York Democrat’s campaign said it has $8.2 million in cash on hand, a meaningful reserve entering the second half of 2019. But much of that cash came from a $9.6 million transfer from her Senate campaign. That account now contains just a little more than $630,000.
Her presidential campaign said its average donation was $15, and that 95% of the contributions it received were less than $50. The campaign also noted that of Gillibrand’s online donors, 65% identified as women. The campaign did not provide information on the number of unique donors, except to say that it is "on pace to hit the 130,000 donors needed to qualify for the fall debates."
Gillibrand's FEC filing showed heavy spending by her campaign during the second quarter: The New York senator spent $4.2 million, nearly twice as much as she took in over the period.
Democrat Julián Castro raised $2.8 million for his presidential bid during the second quarter of the year -- more than doubling his haul from the first quarter, a Castro campaign aide tells our colleague Dan Merica.
The former Housing and Urban Development secretary scored a breakout moment during last month’s Democratic debate with a sharp attack on rival Beto O’Rourke on immigration policy. His campaign says nearly $1.1 million of his haul came after his June 26 debate performance.
That means the Texan raised as much money in a few days last month as he did during the entire first quarter of this year, when he reported a $1.1 million haul.
Castro’s FEC filing reported that his campaign had $1.1 million in cash on hand entering Q3. The report also showed that Castro spent $2.3 million in the period, at a burn rate of about 84%.
His filing demonstrated relatively strong grassroots fundraising; small-dollar donors accounted for about 74% of the funds he raised from individual contributions.