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House Majority PAC Raises $5.3 Million in First Quarter

By Kent Cooper
Posted April 10, 2014 at 3:29pm

A Democratic Super PAC has reported raising $5.3 in the first quarter of 2014, including a million-dollar contribution.  

The House Majority PAC
 has now raised $5,285,749 in the first quarter of 2014, leaving $6,968,195 cash on hand as of March 31st. The PACreported  it had receipts of $4,262,862 from February 20th to March 31st. Earlier the PAC reported  raising $1,022,887 from January 1st through February 19th.  

In the first quarter, large donors included $1 million from James Simons, president of Euclidean Capital (NY); $700,000 from Jon Stryker, architect (MI): $500,000 from Fred Eychaner, CEO of Newsweb Corporation (IL); $700,000 from Jon Stryker, architect (MI); and $250,000 from S. Donald Sussman, chairman of Paloma Partners LLC (ME); among others.  

Other large donors included $500,000 from the United Association Political Education Committee; $250,000 from the Committee on Letter Carriers Political Education; among others.  

The largest expenditure during the quarter, was $915,148 for independent expenditures against David Jolly, R-Fla., the eventual winner of the special election in Florida’s 13th District.

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