Forum Post: 67 donors, each of whom gave $1 million or more, donated more than 3X as much as the 508,000 smallest donors combined
Posted 4 years ago on Aug. 1, 2015, 2:25 p.m. EST by factsrfun
from Phoenix, AZ
This content is user submitted and not an official statement
The 67 biggest donors, each of whom gave $1 million or more, donated more than three times as much as the 508,000 smallest donors combined, according to a POLITICO analysis of reports filed with the Federal Election Commission and the Internal Revenue Service.
The 67 mega-donors accounted for $128 million in cash to super PACs supporting specific 2016 presidential candidates. In all, POLITICO’s analysis found that 29 super PACS and other big-money non-profits dedicated to the candidates combined to raise $271 million from 9,500 donors, for an average donation of $29,000.
On the ledger’s other side, the analysis found that donors who gave $200 or less to the candidates’ campaigns (and whose donations are estimated at $75 each) combined to donate $38 million to the campaigns of the 21 announced candidates.