Sen. Rand Paul’s PAC Planning for 2016?

Posted August 1, 2013 at 8:58am

Sen. Rand Paul’s PAC has continued to raise funds from around the country and donate $20,000 into three Republican state party committees that are important in the 2016 presidential election.

Reinventing A New Direction (RANDPAC), the leadership PAC of the Kentucky Republican, reported it had receipts of $929,904 and disbursements of $751,317 during the first six months of 2013, leaving $604,085 cash on hand as of June 30. The PAC raised $638,462 from contributors giving $200 or less. The PAC received $61,850 from PACs and other committees, and itemized 597 individual donors giving $227,752. New York, Texas, Florida, Illinois, California, and Kentucky were strong areas.

Major donors include $10,000 from George Yeager (retired, NY), but $7,000 was refunded. The PAC received $5,000 from each of the following: David Humphreys (executive, Tamko Bldg. Products, MO), Donald Huffines (auto dealer, TX), Dana Gordon (pharmacist, Central Avenue Pharmacy, CA), Chris Schutte (pharmacist, Pensacola Apothecary, FL), Vidrine Vidrine [as reported] (pharmacist, Professional Arts Pharmacy, LA), Ryan Cowles (Warburg Pincus LLC, NY), Paul Jost (real estate investor, Chandler Management Corp. FL), Laura Homes Jost (retired, FL), Frayda Levin (retired, NJ); among others.

The PAC paid $258,847 to Saber Communications Inc. for finance consulting; and $103,049 to Paramount Communication Group Inc. for finance consulting. The PAC donated $25,000 to the National Council for Freedom and Enterprise.

The PAC gave $5,000 to the New Hampshire Republican State Committee – Federal Account and $5,000 to the New Hampshire Republican State Committee – State Account; $5,000 to the Republican Party of Iowa – Federal Account; and $5,000 to the South Carolina Republican Party Federal Campaign Committee.