Club for Growth Action Gets $1 Million Donation

Posted March 20, 2014 at 10:21am

A conservative Super PAC has reported receiving a million donation from an investor.  

Club for Growth for Growth Action, a conservative Super PAC, has reported receiving $1 million on February 19th from Virginia James , an investor from Lambertville, New Jersey. She is a strong supporter of school vouchers and is one of the founders of Club for Growth. She is a major contributor to the Super PAC and gave $500,000 to the PAC in August 2013, and $1.2 million to the PAC in 2012.  

Virginia James is the former spouse of Richard Gilder, who founded the brokerage firm Gilder, Gagnon, Howe & Co. Gilder is the Chairman Emeritus of the Club for Growth.  

Club for Growth Action reported  receipts of $1,676,985 and disbursements of $357,050 during February, leaving $2,962,700 cash on hand at the end of the month.  

Other large donors during February include Jerry Hayden , a retiree from Scottsdale, Arizona, who gave $200,000. Scott Banister , a start-up consultant from Half Moon Bay, California, gave $50,000. Richard Offerdahl , a manager at Maxir Corp. from Incline Village, Nevada, gave $50,000. David Kellogg , from Arlington, Virginia, who is a defense contractor at Solers, gave $25,000.