The Obama Campaign takes in Millions through Online Efforts

By Greg Farries on May 9, 2008

Barack Obama has collected a staggering amount of campaign contributions via small donors, much of the money coming online contributions.

Altogether, Obama’s campaign has taken in an unprecedented $226 million, most of it contributed online. His donor base is larger than the one the Democratic National Committee had for the 2000 election. These are hardly political fat cats. Ninety percent of his donors give $100 or less, and 41 percent have given $25 or less, according to the Obama campaign. Overall, he has raised 45 percent of his money in small contributions. Hillary Rodham Clinton’s figure is 30 percent, Republican John McCain’s is 23 percent.

Meanwhile, it looks like the Clinton Campaign is running out of money,

Running out of high-dollar donors, Hillary Clinton’s presidential campaign is stepping up its Internet appeals in hopes of attracting enough contributions to keep afloat financially in the last stretch of Democratic primaries, aides say.

As the marathon money chase has strained the limits of traditional campaign fundraising, Clinton aides have sought increasingly to shadow rival Barack Obama’s Internet juggernaut that has raised more than $112 million via the Web.

Through March 31, Clinton had corralled 70 percent of her $148 million in individual primary donations in amounts over $200, including $82 million from those giving between $1,000 and the maximum of $2,300, according to an analysis by the nonpartisan Campaign Finance Institute.

  

  

Syndicate content