Thursday, June 28, 2007

"Nearly 250,000 Open Wallets for Obama"

Democratic presidential candidate Barack Obama has improved on his stunning support in the race for campaign cash, raising his total number of donors to nearly 250,000 people in the first six months of the year.

The freshman Illinois senator impressed rivals in the first quarter when he reported 104,000 donors, but he surpassed the mark in the second quarter with 138,000 more opening their wallets, the campaign announced Thursday.
The campaign won't say yet how much the donors have given, but the large number suggests their fundraising will be competitive with the $25.7 million he raised in the first quarter. A campaign official speaking on the condition of anonymity tried to tamp down expectations by disclosing that the average donation in the second quarter is likely to be less than the roughly $247 in the first quarter.

The campaign said it's goal is to attract 250,000 donors by midnight on Saturday, the next money reporting deadline, and was running a live tally on his Web site to help bring in more. It was about 6,000 short as of Thursday morning and said that 10,000 people had already donated this week.

The campaign said it collected more than 337,000 contributions _ meaning that many individuals made repeat donations _ and its goal will be to reach 350,000 by the deadline.

"This campaign has become a vehicle for hundreds of thousands of Americans who believe that the people can take control of the political process again," campaign manager David Plouffe wrote in an e-mail to supporters that includes video links from donors.

"There are some who don't think it's possible," Plouffe said. "But the reality is clear: Individual people with purpose, with passion and willing to make a small sacrifice can build a movement unlike anything presidential politics has ever seen. And we're only just getting started."

Obama's campaign announced the final push for cash on the same day as a Democratic presidential debate, an announcement that could rattle his rivals.

Aides to his top competitor, New York Sen. Hillary Rodham Clinton, say she will match her $26 million from the first quarter. That another candidate could even approach her fundraising prowess was unthinkable six months ago. But the freshman senator from Illinois has drawn supporters who have been inspired by his long-standing opposition to Iraq, his message of hope and his chance to be the first black president.

Like Clinton, Obama has attracted the Wall Street executives, Hollywood moguls and other rich donors who traditionally have fueled political campaigns. But Obama has also concentrated on smaller donors who can give just $25 or $50 each, a practice that other campaigns said they also have adopted in the second quarter.

Obama still trails Clinton in national and most state polls, but the money will give him the ability to fund an aggressive challenge to her front-runner status. He began his television ad campaign this week, with a spot in Iowa highlighting his biography.

The Obama campaign said it believes the number of donors is a record for six months of fundraising. Democratic presidential candidate Howard Dean built a reputation for unprecedented grass-roots support when 70,000 people contributed about $10.5 million in the first two quarters of 2003.

Like Dean, much of Obama's money comes in small-dollar donations made over the Internet.

Campaign experts say a large base of small donors can help build a candidate's support in ways beyond funding. Michael Malbin of the Campaign Finance Institute said Obama sees small contributions as a leverage to get people to come out and volunteer.

"I don't think most of the other candidates are at that point. That's not what they're doing," he said.

He did point out that Clinton has the potential to tap a sizable donor base, noting that she had more small donors in her 2006 Senate effort than any other Senate campaign.



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