Welcome! Login | Register
 

The Scoop: Obama, Raimondo Dine at Gregg’s, Fung Calls Out Raimondo on Ethical Standards and More—Welcome back to The Scoop, the 4 p.m.…

EXCLUSIVE: Worcester Public School Allows KKK Costume—GoLocalProv has learned that on Thursday at Worcester…

RI’s First Annual Mind Body Spirit Expo Arrives—Rhode Island's first ever Mind Body Spirit Expo…

10 Highlights of Obama’s Trip to RI—The President of the United States is in…

Side of the Rhode: Who’s Hot and Who’s Not?—Side of RI: Who's Hot and Who's Not?

Sky Chiefs Home Opener on Sunday Afternoon at RIC—Sky Chiefs will play their first ever game…

Friday Financial Five – October 31st, 2014—Two positive developments this week include

5 Live Music Musts - October 31, 2014—There’s something just a little frightening about all…

Finneran: Too Old, Too White, Too Male To Understand….—why parents would allow their young children---girls specifically---to…

The Cellar: Wines That Get Better With Time—Invest now and enjoy later...

 
 

The Scoop: Raimondo Set to Break Quarterly Fundraising Record

Friday, October 11, 2013

 

Welcome to The Scoop, the 4 p.m. report on everything politics in Rhode Island – the inside daily report exclusively on GoLocalProv.com.

Raimondo Set to Break Fundraising Record for a Quarter

GoLocal has learned that likely 2014 gubernatorial candidate Gina Raimondo posted a record-breaking third quarter of fundraising in the financial period ending Sept. 30.

According to members of Raimondo’s team, the State Treasurer raised over $400,000 last quarter, which began on July 1 and ended Sept. 30.

Although the Raimondo camp has not released the exact figures yet, an estimate of $400,000 would bring Raimondo total cash on hand to more than $2.46 million, which would be the most money a candidate running for state office in Rhode Island has ever finished a three-month period with.

Raimondo finished the last fundraising period (April 1 through June 30) with $2,063,548 on hand after raising $399,420.

The news comes just one day after The Scoop reported that a recent gubernatorial primary poll commissioned by Angel Taveras—which showed the Providence Mayor with a commanding lead—might have strengthened Raimondo’s recent fundraising efforts.

In comparison, Frank Caprio—who was the gubernatorial fundraising leader in 2010—posted his best quarterly period from April 1 through June 30, 2010 when he raised $320,789. After expenses, that brought his campaign total to $1,742,505.

Although Raimondo’s fundraising tally is record-setting on a state level, U.S. Senator Jack Reed currently has more money in his re-election war chest. In fact, Reed—who is seeking his fourth term—raised more than $704,411 during the three-month period ending June 30, which, after expenses, brought his fundraising total to $2,566,703.

Look for more specific financial information to be revealed later this month, as candidates are required to submit their third quarter fundraising by Oct. 31.

Despite the deadline being weeks away, Cranston Mayor Allan Fung released his third quarter fundraising totals on Thursday. Fung, who launched an exploratory committee for governor last month, raised roughly $102,000—bringing his fundraising total to more than a quarter of a million dollars.

Taveras, who has yet to release his third quarter fundraising figures, finished the last quarter with $692,590.12 cash on hand.

Source of data: ricampaignfinance.com

See More Scoops Below

If you have a scoop for The Scoop, please email it to news@GoLocalProv.com

 

Related Articles

 

Enjoy this post? Share it with others.