Wednesday, February 17, 2016

Trump's campaign money mostly comes from donors

Ben Schreckinger writes at Politico,
Donald Trump often says that he does not get enough credit for self-funding his presidential campaign. But as his recent financial disclosure reveals, he is not funding most of it.
Instead, the majority of his campaign funding comes from donors. This quarter, the campaign received 73,942 “unsolicited donations” totaling about $3.7 million, according to a release from the campaign. That accounts for most of the $5.8 million the campaign has taken in to date.

Trump has contributed to financing his campaign through in-kind gifts and loans.
In the third quarter, he made about $100,000 in in-kind contributions to his campaign.
That’s in addition to the $1.8 million Trump previously loaned the campaign. Trump can pay himself back for the loan with campaign funds at any point.
Read more here.

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