First Quarter Fundraising Notebook
MS-01: Travis Childers is certainly in re-election gear as he builds up the campaign warchest. By raising over $220,000 and spending around just $70,000, he now is sitting pretty with about $700,000 cash on hand. For this quarter, Childers contributions were broken up about 50/50 between individuals and PACs. For this cycle, 58 percent of Childers contributions are from PACs.
MS-01: Alan Nunnelee’s fundraising total for the quarter- about $150,000- is not exactly disappointing but the fact that he was unable to bank anything has given Childers a big leg up in the fundraising game. Nunnelee spent about $155,000 this quarter. This wasn’t spent on anything unusual (consultants, mailings, events, etc.); there was just a lot of it. Nunnelee is going to have to spend money to raise his name ID, something that Childers does not have to. (I will talk more about this later).
MS-01: Comparing fundraising from individual contributors only, this election cycle Nunnelee has actually taken in more money than Childers ($528,000 to $439,000). Childers, however, has received more than $600,000 from PACs (compared to $43,000 for Nunnelee).
MS-01: Henry Ross’ $110,000 this quarter was supplemented by his own campaign. He made a $50,000 loan to the campaign, along with a candidate contribution of $25,000 (Note: If someone with more knowledge of the FEC would like to explain the difference between making a candidate contribution to a campaign and a loan to a campaign, please explain). Individual contributions totaled about $35,000 to Ross. That said, $96,000 COH is a pretty healthy chunk of change.
MS-01: Angela McGlowan also helped out her campaign. She contributed $12,000 which is about half of what she raised ($24,488). After spending about $22,000, she has around $15,000 right now. Considering the national profile thanks to FoxNews and the Tea Party; she raised less than Ross who has received a fraction of the press she has.
MS-02: Safe for life, Bennie Thompson keeps building a campaign warchest as if he is facing a serious challenger. With another $130,000 this quarter, he now have more than $1.9 million cash on hand (a net of about $30,000 this quarter).
MS-03: Gregg Harper raised a little less than $60,000 this quarter and has about $146,000 cash on hand. Not exactly numbers that will light the world on fire, but he is plenty safe in his re-election bid whatever he spends.
MS-04: Steven Palazzo’s first quarter turned out a little better than expected. He raised about $125,000 as announced, but spent less than $5,000 leaving him with around $120,000 cash on hand (he was expected to report $100,000 cash on hand). Palazzo is showing 100 percent of his contributions coming from individuals including $1,000 from Henry Barbour.
MS-04: If you haven’t read the thread from Thursday, it looks like the Joe Tegerdine campaign mailed in his FEC forms rather than submit them electronically. We will post them when available.
MS-04: I need to give Gene Taylor credit for being extremely timely in getting his campaign finance reports posted. Taylor was far and away the first to do that. While April 15 was the due date, Taylor’s were up in the first week of April.