Bloomberg News

Obama Campaign Raises $25.7 Million in April, Report Says

May 19, 2012

Reporting ahead of tomorrow’s deadline, President Barack Obama’s campaign told the Federal Election Commission that it had raised $25.7 million in April and entered this month with $115.2 million in the bank.

Obama continued to rely on donations of $200 or less, bringing in $10.7 million in small contributions. He also transferred $4.5 million from a joint fundraising account with the Democratic National Committee, according to the FEC reports filed yesterday.

The president has now raised $222.3 million for his re- election. Four years ago at this time, engaged in a battle for the Democratic nomination with Hillary Clinton, now the U.S. secretary of state, Obama had taken in $272.2 million and had $46.5 million cash-on-hand.

The April haul is less than the $35.1 million Obama raised last month. It doesn’t include the $15 million the campaign and Democratic party raised May 10 at a dinner hosted by actor George Clooney in Los Angeles.

Among the donors to Obama’s campaign last month were actor Robert De Niro; Nigel Travis, chief executive officer of Canton, Massachusetts-based Dunkin’ Brands Group Inc. (DNKN:US); and Laura D’Andrea Tyson, a professor at the University of California at Berkley, a member of Obama’s Council on Jobs and Competitiveness, and a former economic adviser to President Bill Clinton.

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The campaign spent $14.6 million last month, including $2.4 million on online ads and $2.3 million on media.

The Democratic National Committee reported raising $14.4 million last month and had $24.3 million in the bank.

Presumptive Republican nominee Mitt Romney and the Republican National Committee said they had brought in $40.1 million. Some of the money raised also went to state parties. Romney’s campaign report is due at the FEC tomorrow.

Earlier this month, Romney, a former Massachusetts governor, and his wife, Ann, each gave $75,000 to the Republican joint fundraising committee, according to a Romney aide speaking on condition of anonymity.

Romney, who spent $44.7 million of his own money on his 2008 campaign, hadn’t previously donated to his 2012 run.

To contact the reporters on this story: Jonathan D. Salant in Washington at jsalant@bloomberg.net; Greg Giroux in Washington at ggiroux@bloomberg.net

To contact the editor responsible for this story: Jeanne Cummings at jcummings21@bloomberg.net


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