MONEY MATTERS: Fundraising can make or break a presidential campaign — here’s how every 2020 Democrat is doing after the election's first major deadline

  • The first fundraising quarter of 2019 ended on March 31, and 2020 Democratic presidential candidates have reported their first major fundraising hauls.
  • The 18 Democrats running for president are fiercely competing for donations in order to rise to the front of the pack in one of the most crowded fields in recent history.
  • Sen. Bernie Sanders currently leads the Democratic pack with $US18.2 million in reported donations, followed by Sen. Kamala Harris with $US12 million, Rep. Beto O’Rourke with $US9 million, and Mayor Pete Buttigieg with $US7 million.
  • By comparison, President Donald Trump raised $US30 million for his re-election campaign in 2019’s first quarter.

The first fundraising quarter of 2019 ended on March 31, and most 2020 Democratic presidential candidates have reported how much they have brought in.

There are currently 20 Democrats in the 2020 primary field – and they will be fiercely competing for donations in order to rise to the front of the pack in one of the most crowded fields in recent history.

Almost all of the Democratic contenders have pledged to run grassroots campaigns, with many rejecting donations from corporate PACs, federal lobbyists, and fossil fuel companies. Sen. Elizabeth Warren even went as far as to completely swear off high-dollar private fundraisers altogether.


Read more:

Joe Biden beat Bernie and Beto by raising $US6.3 million in 24 hours, but lost to them on a key metric

The Democratic National Committee raised the fundraising stakes even more by requiring 2020 Democrats to either reach 1% in three national polls or secure 65,000 individual donations from donors in at least 20 states to qualify for the Democratic primary debates in June.

Candidates who announced their campaigns close to or after the end of 2019’s first quarter, like former Vice President Joe Biden and Reps. Eric Swalwell and Tim Ryan won’t be required to disclose complete fundraising figures until July 15, after the end of 2019’s second quarter.

Here are all the 2020 candidates who have announced their first-quarter fundraising and how much they have raised:


Former Rep. John Delaney of Maryland raised $US404,806 in 2019’s first quarter, and loaned his campaign nearly $US11.7 million.

Source:
Federal Election Commission

Read more about John Delaney’s campaign.


Former San Antonio Mayor and US Housing and Urban Development Secretary Julian Castro announced raising $US1.1 million since announcing his candidacy on January 12.

Source:
Texas Tribune

Read more about Julian Castro’s campaign.


Self-help author and spiritual guru Marianne Williamson, a close friend of Oprah Winfrey, brought in $US1.5 million for her long-shot presidential bid since January.

Source:
Federal Election Commission

Read more about Marianne Williamson’s campaign.


Entrepreneur and long-shot presidential candidate Andrew Yang reported raising $US1.7 million from 80,000 donors who donated an average of just $US17.92 in March and February alone, bringing his quarterly haul to $US1.8 million.

Sources:
The Daily Beast,
Federal Election Commission

Read more about Andrew Yang’s campaign.


Hawaii Rep. Tulsi Gabbard has raised $US1.95 million since announcing her presidential bid in January.

Drew Angerer/Getty ImagesRep. Tulsi Gabbard.

Source: Federal Election Commission

Read more about Tulsi Gabbard’s campaign.


Former Colorado Governor John Hickenlooper, who launched his presidential campaign on March 4, has raised $US2 million.

Hollis Johnson/Business InsiderJohn Hickenlooper exits the stage after speaking at the NAN Conference on April 5, 2019 in New York City.

Source: Federal Election Commission

Read more about John Hickenlooper’s campaign.


Washington Governor Jay Inslee announced raising $US2.25 million in the first month of his campaign, which launched on March 1, with 95% of donations under $US100.

Source:
Federal Election Commission

Read more about Jay Inslee’s campaign.


Sen. Kirsten Gillibrand of New York announced has raised $US2.97 million since announcing her exploratory committee on January 15. She has a total of $US10 million cash on hand from funds left over from her 2018 Senate re-election campaign.

Source:

Politico

Read more about Kirsten Gillibrand’s campaign.


Sen. Cory Booker’s campaign announced he had raised more than $US5 million since launching his campaign on February 1, with donors giving an average of $US34. He has an additional $US1.1 of million of cash on hand from his Senate campaign account.

Randy Shropshire/Getty Images for The Human Rights CampaignCory Booker, New Jersey senator and 2020 Democratic presidential candidate.

Source:
Reuters

Read more about Cory Booker’s campaign.


Sen. Amy Klobuchar has raised $US5.2 million since announcing her campaign on February 10. That sum combined with money she raised for her Senate re-election campaign last fall brings her total cash on hand to $US7 million.

Source: CNN

Read more about Amy Klobuchar’s campaign.


Sen. Elizabeth Warren raised $US6 million from 135,000 donors who gave an average of $US28 in 2019’s first quarter. She has a total of $US11.2 million cash on hand due to left-over funds from her 2018 Senate re-election campaign.

Hollis Johnson/Business InsiderSen. Elizabeth Warren (D-MA) speaks at the NAN Conference on April 5, 2019 in New York City.

Source: New York Times

Read more about Elizabeth Warren’s campaign.


Former Vice President Joe Biden announced raising $US6.3 million in the first 24 hours of his campaign, which launched April 25.

Bryan Bedder/Getty Images for Ozy Fusion Fest 2017Joe Biden.

Source:
Business Insider

Read more about Joe Biden’s campaign.


Pete Buttigieg, the 37 year-old former mayor of South, Bend Indiana, raised $US7 million in 2019’s first quarter, and raked in an additional $US1 million on April 14, the day he formally announced his campaign.

Source:
Federal Election Commission

Read more about Pete Buttigieg’s campaign


Former Texas Congressman Beto O’Rourke announced raising $US9.4 million in the first 18 days of his candidacy, an average of $US522,000 per day. His campaign said the average donation size was $US43, and 98% of contributions were under $US200.

Source: Business Insider

Read more about Beto O’Rourke’s campaign.


Sen. Kamala Harris’ raised a total of $US12 million from 218,000 donors who gave an average of $US55 since announcing her candidacy in January, her campaign said.

Charley Gallay/Getty Images for The Human Rights CampaignUS Senator Kamala Harris speaks onstage at The Human Rights Campaign 2019 Los Angeles Gala Dinner.

Source: Business Insider

Read more about Kamala Harris’ campaign.


Sen. Bernie Sanders announced bringing in $US18.2 million from 525,000 contributors — 99.5% of whom gave $US100 or less — in the first six weeks of his campaign.

Source: Business Insider

Read more about Bernie Sanders’ campaign.


In comparison to the Democrats’ hauls, President Donald Trump’s re-election campaign announced a haul of $US30 million in 2019’s first quarter.

Source: Business Insider

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.