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Monday, April 16, 2012

Big Donors Push DelBene to Top of 1st CD Money Race

Posted by on Mon, Apr 16, 2012 at 10:09 AM

The first quarter 2012 financial reports are in, and the 1st Congressional District fundraising race is shaping up largely as expected:

Candidate1Q12TotalCash on HandDebt
Suzan DelBene$341,636$341,955$317,723$250,000
Darcy Burner$178,533$306,408$114,640$11,286
Laura Ruderman$103,256$361,715$220,026$12,525
John Koster (R)$87,701$312,259$103,495$20,000
Steve Hobbs$73,673$188,765$98,990$9,000
Darshan Rauniyar$29,622$169,086$123,957$500

Suzan DelBene had a strong first quarter in the race, tapping in to her rich network of rich people. A full $160K of her $342K came in "double-max" donations ($2,500 for each the primary and the general, $5,000 combined), many of them from people named Balmer, Gates and the like. That means $80,000 of the money she raised can't be spent in the primary. DelBene also records $250K in debt—a personal loan—a number that helps explain her oversized cash on hand advantage despite $121K in expenditures.

Coming in second in the money race last quarter was Darcy Burner, who has taken a more grassroots approach to her fundraising. According to her campaign, Burner has now received contributions from 5,062 supporters, far more than any other candidate in this race, at an average of less than $60 per individual contributor. That includes $30,000 from 1,200 supporters through an online drive on the last day of the quarter alone. This suggests that Burner should have no trouble attracting volunteers during the crucial final weeks of the campaign.

Coming in third was Laura Ruderman, with $103K raised, which she recently touted as her best quarter yet. Ruderman has a healthy $220,000 cash on hand, but she better pick up the fundraising pace if she hopes to stay dollar competitive with DelBene and Burner.

State Senator Steve Hobbs and political newcomer Darshan Rauniyar bring up the rear of the Democratic field, raising $74K and $30K respectively. Hobbs has a string of endorsements from fellow state legislators, but doesn't have a history of raising big money. As for Rauniyar, his early fundraising success appears to be petering out as reality sets in among prospective donors.

And finally John Koster, the putative Republican nominee, raised only $88K in the quarter. Sure, he can count on millions of PAC dollars to be ultimately spent on his behalf, but his anemic fundraising doesn't say much about his work ethic or his grassroots support.

 

Comments (5) RSS

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1
Lovely you don't mention Darcy spent almost 90% of what she raised this quarter....Take off the rose colored glasses! Writing is on the wall
Posted by justingage on April 16, 2012 at 10:28 AM
2
Governor just endorsed del bene
Posted by Seattle14 on April 16, 2012 at 10:43 AM
3
@justingage: Agreed, sticking strictly to the top three, it seems obvious that Laura's not the only one that needs to pick up the fundraising pace...and IMO, if Darcy wants to keep spending at this pace, she'll need more than just small donor checks...
Posted by n2ition. on April 16, 2012 at 11:38 AM
4
Not to excuse the differences in disbursements during the quarter, but if (for example) a candidate had to prepay several months of rent on office space, it would look like a mighty big hit during the quarter of that payment.

One thing I noticed in the reports from the Democrats -- DelBene, Rauniyar, and Ruderman all reported receiving $2112 in "party contributions", actually an in-kind contribution by the WA Dems for use of their VoteBuilder database. However, Burner reports no such contribution (I haven't seen Hobbs's Q1 report, so I don't know whether that line appears in his numbers).

It's more likely that it was an easily-rectified oversight on the part of Darcy's campaign than an actual omission by the WSDCC. There's no way they'd deny database access to any serious candidate, for any office.
Posted by N in Seattle http://peacetreefarm.org on April 16, 2012 at 12:46 PM
5
Another thought -- why has so little money flowed into this race?

Now, one might think that $815K (approximately the six-candidate total for the quarter) is a hefty sum. But other races have pulled in more, sometimes a lot more. Why, a single candidate in MA-04 reported receiving $1.3 million in the quarter. Sure, his name is Joseph P. Kennedy III, but still...
Posted by N in Seattle http://peacetreefarm.org on April 16, 2012 at 1:03 PM

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