Tags: crossroads | rove | pac | fundraising | conservative

Crossroads' Super PACs Raise $3.37M in First Half of 2013

By Todd Beamon   |   Wednesday, 31 Jul 2013 10:31 PM

The three super PACs founded by Republican strategists Karl Rove and Ed Gillespie raised slightly more than $3 million in the first half of this year — with $1 million coming from one corporate donor.

American Crossroads, Crossroads GPS, and the Conservative Victory Project jointly said they raised a total of $3.37 million from fundraising during the period, Politico reports.

American Crossroads, the Rove-founded super PAC, raised $1.85 million, while Crossroads GPS — the 501(c)(4) nonprofit — raised $1.45 million, according to Politico.

Meanwhile, the Conservative Victory Project, established to intervene on behalf of the most viable candidate in GOP primary fights, had no donors other than a few transfers from parent group American Crossroads, Politico reports.

A person familiar with the group's plans told the website that Conservative Victory Fund was still in a "start-up phase" and had not done any active fundraising.

Most of Crossroads contributions came from large donors, including $1 million from the Contran Corporation, owned by conservative billionaire Harold Simmons, Politico reports.

Other major donors in the period included the asset-management firm Skybridge Capital, attorney Boyden Gray, and investment and holdings company Rooney Holdings.

But the combined amount raised by the three super PACs was down from 2011, Politico reports.

During the first six months of that year, American Crossroads alone posted $3.3 million. Crossroads GPS did not disclose its donors for the period and was not required to file a mid-year report.

The group could not immediately provide a six-month figure for 2011 to Politico.

Jonathan Collegio, a spokesman for the three groups, attributed the lower cash haul to the lack of a presidential race.

"Our fundraising results so far are roughly comparable to where we were at this point in 2011, when you consider the absence of a presidential election this cycle," Collegio told Politico.

"Although we have yet to make any hard fundraising requests this year for any of our groups, we've been encouraged by growing donor enthusiasm about the opportunity to win control of the Senate as well as the paramount need to defend our House majority and block President Obama's second-term agenda," he said.

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