story from Talk Business, a TCW content partner
Arkansas Attorney General Dustin McDaniel, an already declared candidate for the Democratic nomination for Governor, raised more than $1 million for his 2014 bid during his first three months of fundraising.
In his first campaign finance report for Governor, McDaniel reported raising $1,035,618.66 and spent $138,525.44. McDaniel had $897,093.22 cash on hand at the end of September.
The report filed today showed $923,118.66 was donated for the Democratic primary and $112,500 for a potential runoff.
His campaign said that money was raised from 883 individuals or businesses in the quarter that ended Sept. 30, 2012. More than 90% of all donations received by the campaign were from Arkansas individuals or businesses.
Also, 62% of this quarter’s contributors had never contributed to McDaniel’s past races for Attorney General, he reported. Individual donors outnumbered corporate donors three-to-one, according to the McDaniel campaign.
“I am humbled by the support I have received from people all across Arkansas as I begin my campaign for governor,” McDaniel said. “We are building a campaign that will make our state proud and will be strong enough to fight off the outside special interest groups that we know will try to influence this race. A real campaign structure won’t begin to come together until next year, but this first round of contributions will be very helpful as we build a campaign from the ground up.”