President Donald J. Trump raised more than $56 million online in early 2021, ending June with nearly $102 million in cash on hand.
QUICK FACTS:
- Trump raised far more money online than any other Republican in the first half of 2021, according to Reuters.
- He “ended June with a war chest of more than $100 million,” according to The New York Times.
- The money was raised with WinRed, the party’s main donation-processing website.
- With $23 million in transfers to his new political action committees (PACs) from 2020 included, Trump actually raised nearly $82 million in the first six months of 2021.
- Trump’s committee will collect 75% of the Trump Make America Great Again Committee’s fundraising, the rest going to the Republican National Committee (RNC).
- The committee’s recurring donations program—where most of the money raised by the Make American Great Again Committee came through—collected nearly $3.5 million across Trump’s various PACs, notes the Times.
BACKGROUND:
- Senator Tim Scott of South Carolina boasted the next strongest online fund-raiser among Republican politicians, raising raised $7.8 million.
- President Trump’s Save America committee had raised an average of $108,000 in the five days leading up to the launch of the “desk” page, according to the Times.
- “His PAC raised roughly $421,000 per day on average in the five days after, including more than $900,000 on one day,” writes Times.
- Even with major social media platforms banning President Trump, he is still the dominant political force in the Republican Party.
- “[Trump’s] influence over the party’s finances also expanded greatly after he made his first public speech since leaving office at the Conservative Political Action Conference on Feb. 28,” notes Forbes, “where he told supporters to donate directly to his political groups.”
- “The result was the largest single day of fundraising throughout the entire year, according to the Times, with $3.5 million being given straight to Trump’s PACs.”
- “Polling suggests Trump would be the overwhelming favorite to win a third-straight GOP nomination if he decides to run again,” also notes Forbes.
Jon Fleetwood is Managing Editor for American Faith.
