Raimondo raises staggering $258K in 2Q, giving her $857KJuly 31st, 2012 at 6:36 pm by Ted Nesi under Nesi's Notes, On the Main Site
The treasurer raised $258,155 during the second quarter while racking up just $19,984 in campaign expenses, according to her latest filing with the R.I. Board of Elections.
Raimondo’s already formidable campaign war chest jumped from $617,922 on April 30 to $857,903 on June 30. The first-term Democrat and former venture capitalist is widely expected to run for governor in 2014, capitalizing on her successful push for the state’s landmark pension overhaul last year.
Raimondo now has far more cash available than Providence Mayor Angel Taveras, a Democrat who had $237,239 on hand as of June 30, and incumbent Gov. Lincoln Chafee, an independent who had $233,108. Unlike her two rivals, the treasurer reported no small-dollar contributions.
Raimondo raised a significant amount of money outside Rhode Island during the second quarter, pulling in contributions from Massachusetts, Connecticut, New York, Illinois, Texas, Pennsylvania, New Jersey, Maryland, Florida, North Carolina, California, Virginia and Washington, D.C.
She received $1,000 each from Joel Klein, the former New York City Education Chancellor who is now a senior executive at Rupert Murdoch’s News Corp., and Arthur Levitt Jr., the longtime Securities and Exchange Commission chairman.
Closer to home, Raimondo got $1,000 each from Deanna Donnelly, the wife of Textron CEO Scott Donnelly; retired Hasbro CEO Alan Hassenfeld; Swipely CEO Angus Davis; FGX International CEO Alec Taylor; and Providence Municipal Court Judge Frank Caprio Sr., among many others.
Surprisingly, the treasurer received a $100 contribution from retiring state Sen. John Tassoni, D-Smithfield, a union ally in the General Assembly who was one of only two state senators to vote against Raimondo’s pension law last November. Unlike Chafee and Taveras, Raimondo received no donations from union PACs.
Her expenses included $13.65 at a McDonald’s in New York City.
The treasurer has opened up a huge financial advantage over former Attorney General Patrick Lynch, a Democrat who had $334,772 on June 30, the most in the state after Raimondo. The only announced candidate for governor so far is former Auditor General Ernie Almonte, a Democrat who had $105,046 on hand.