Politics
January 18, 2012
Britain's three main party leaders, David Cameron, Nick Clegg and Ed Miliband, have all promised to leave a tenth of their wealth to charity when they die.
The politicians are donating the money as part of a new drive to get British people to leave more money to good causes in their wills.
The government will waive inheritance tax on charitable donations in wills at a cost of around £300 million ($462 million) per year from this April, which it hopes will spark a new trend toward philanthropy.
January 12, 2012
President Barack Obama raked in more than $68 million combined for his re-election campaign and the Democratic Party during the final three months of 2011, gearing up for a formidable challenge against his Republican opponent later this year. The large fundraising quarter helped Obama's campaign and the Democratic National Committee surpass $220 million in 2011, bankrolling the president's re-election campaign as Republicans settle on a nominee. Republican frontrunner Mitt Romney raised $56 million for the primary through Dec. 31, his campaign announced Wednesday, far outpacing his GOP opponents.
January 9, 2012
The Republican Governors Association raised $44.1 million in 2011, more than doubling its fundraising total from 2007, the last comparable election year. The RGA also carried forward into 2012 $26.6 million, giving the RGA more cash on hand than any other political party committee. The RGA’s fundraising haul far outpaced the Democratic Governors Association, which raised $20 million in 2011.
December 29, 2011
Political campaigns are gambling on a new fundraising strategy: the lottery. Sweepstakes-style pitches, which have this month come from President Barack Obama and Mitt Romney among others, offer supporters a shot at winning face time with the candidates.
But the contests’ fine print reveal guidelines that favor some donors over others and disqualify others altogether, reflecting just how eager politicians are to woo key voting blocs.
December 27, 2011
President Barack Obama's re-election campaign and the Democratic Party have set a combined fundraising goal of $60 million for the final three months of 2011, an amount that would help them surpass $200 million for 2011. Obama's campaign and the Democratic National Committee have collected $156 million through the end of September and would easily push past $200 million if the goal is met. The campaign and DNC raised about $70 million from July through late September.
December 23, 2011
Top-level Jewish fundraisers from President Obama’s 2008 campaign are sticking with the president in 2012. Despite reports that President Obama faces a loss of Jewish funders due to his Middle East policy, analysis of a list of elite bundlers from his 2008 race shows no defections among the president’s top Jewish supporters in 2012.
In 2008, Obama’s elite “bundlers” — fund raisers who collected more than $500,000 each for the president’s campaign — included many prominent Jews.
December 22, 2011
Republicans collected more money than Democrats in party fundraising in November, as the two parties race to build strong war chests heading into next year's elections.
The Republican National Committee raised $7.1 million in November while the Democratic National Committee brought in $6.7 million during the month.
The RNC has $14.1 million in the bank through the end of the month, compared with $10.5 million for Democrats.
November 23, 2011
Representatives of Americans Elect have spent the last two years crossing America to collect enough signatures to put a third candidate on the 2012 presidential ballot.
Americans Elect has approximately 400 people working to get enough signatures in every state, 3 million total, to gain ballot access for the third candidate. The candidate would be elected in an online primary in June 2012 and would then appear on the ballot in November 2012 for the presidential election.
November 16, 2011
Kim Cubine shares political fundraising takeaways for the 2012 presidential election cycle offered at the panel discussion “The Great Debate: Channel Wars — Red vs. Blue, Old vs. New.”
November 3, 2011
A new organization is set to debut Nov. 4 with a mission that is unusual in the nonprofit world — to endorse political candidates who have solid plans for strengthening nonprofits in their communities. Next year, it will set up a political-action committee to start funneling money to their campaigns.
CForward seeks to turn the tens of millions of people who work or volunteer at nonprofits into a “powerful political force” that can reward politicians who include nonprofits in their economic strategies.
