Republican Super PAC Raises Over $5 Million From Big Donors

Posted April 21, 2014 at 11:09am

A Republican Super PAC has raised $5.2 million in the first quarter of the year from 24 donors.  

American Crossroads , a Republican-oriented Super PAC, reported  it had receipts of $5,238,249 and disbursements of $613,597 during the first quarter. Twenty-four donors contributed a total of $5,237,500.  

The Major donor was Andrew J. Perenchio, (Chartwell Partners LLC, CA), who gave $2 million. Three donors gave $500,000 each, including B. Wayne Hughes Sr. (chairman of Spendthrift Farm, KY), JWC III Revocable Trust of Joseph W. Craft III(OK), and Warren Stephens (chairman and president of Stephens Inc, AR). Two donors gave $250,000, including Kenneth Griffin (CEO, Citadel Investment Group, IL) and Paul Singer (founder and CEO of Elliott Management Group, NY).  

William Greehey (chairman of Nustar Energy, TX) gave $200,000.  Seven donors gave $100,000 each, including John Childs (chairman and CEO, J.W. Childs and Associates, FL); Joseph Clark (chairman and CEO, Aviation Partners, WA); Jim Click (owner, Jim Click Automotive, AZ); Roger Hertog (president, Hertog Foundaton, NY); Susan McCaw (president, COM Investments LLC, CA); Linda McMahon (executive, McMahon Ventures, CT); and William Morean (retired, MT).  

Other large contributions to Super PACs, reported in the last day,  include Richard Uihlein (CEO of Uline, IL) giving $1.5 million to Liberty Principles PAC Inc; Delores Weaver (managing partner, John Gorrie Investment Group, FL) giving $500,000 to Americans for Responsible Solutions PAC; and Robert Mercer (financial consultant, Renaissance Technologies Corp., NY) giving $500,000 to Club for Growth Action.