Huffpost Politics

Super PAC Mega-Donors Keep Up Big Giving In August

Posted: Updated:
SUPER PAC DONORS
James Simons (right) is now the top individual donor to Democratic super PACs in the 2012 election cycle. | AP

WASHINGTON -- Super PAC mega-donors have now given more than a quarter of a billion dollars, with the addition of their August contributions. In another milestone, there are now 89 donors who have each given $1 million or more.

Overall, super PACs have raised $374 million in the 2012 election cycle, and donors who gave $500,000 or more make up 68 percent of the total. These mega-donors have consistently provided the vast majority of super PAC contributions over the course of the 2012 election campaign.

New donors in August managed a near even partisan split: Eight Republicans and seven Democrats gave more than $500,000 each. (Another mega-donor gave to the ostensibly nonpartisan Campaign for Primary Accountability.) The dollar breakdown, however, favored the Democrats, with their new mega-donors tallying up $7.12 million in contributions to $4.95 million from the new Republican donors.

These new donors consisted of nine individuals, three corporations, one union, one super PAC and one ordinary political action committee.

The biggest donations in August came from two established mega-donors: $2 million apiece from Texas homebuilder and conservative donor Bob Perry and Democratic hedge fund founder James Simons. Perry made his contribution to the Karl Rove-founded super PAC American Crossroads, while Simons gave his money to Priorities USA Action, the super PAC supporting President Barack Obama's reelection. The $2 million from Simons makes him the top individual donor to Democratic super PACs in this election cycle.

See the slideshow below for the full list of 140 mega-donors giving $500,000 or more to super PACs in the 2012 election.

Also on HuffPost:

Donors Giving $500,000-Plus To Super PACs
of
Share
Tweet
Advertisement
Share this
close
Current Slide

Suggest a correction

Around the Web

Super PACs | OpenSecrets

Super PAC Contributions Top $300 Million, Most Goes To GOP ...

Top super PAC donors giving multimillions in 2012 - CBS News

Big Political Donors Shy Away From Public Scrutiny : NPR

 
  Obama Romney
Obama Romney
332 206
Obama leading
Obama won
Romney leading
Romney won
Popular Vote
33 out of 100 seats are up for election. 51 are needed for a majority.
Democrat leading
Democrat won
Holdover
Republican leading
Republican won
Democrats* Republicans
Current Senate 53 47
Seats gained or lost +2 -2
New Total 55 45
* Includes two independent senators expected to caucus with the Democrats: Angus King (Maine) and Sen. Bernie Sanders (Vt.).
All 435 seats are up for election. 218 are needed for a majority.
Democrat leading
Democrat won
Republican leading
Republican won
Democrats Republicans
Seats won 201 234
Click for Full Results