RGA Raises Nearly $13 Million in First 3 Months of 2016, Setting First Quarter Fundraising Record

April 15, 2016

RGA has over $34 million cash on hand and no debt

WASHINGTON, D.C. – The Republican Governors Association announced today $12.8 million raised in the first three months of 2016, surpassing the fundraising totals from the same point in 2008 and 2012, the last two comparable election years. Additionally, the RGA also announced $34.2 million cash on hand as of March 31 across all entities. These numbers enable the RGA to go on offense in pursuit of key Democrat-held seats and defend our incumbents against the Left’s assault.

This record-setting first quarter, in a competitive Presidential year, shows the confidence donors have placed in the RGA, which has increased its total from 21 governors in 2009 to 31 governors today.

“This fundraising success strengthens the RGA’s offensive position for the 2016 election cycle and will allow us to make a significant impact in this year’s gubernatorial elections,” said RGA Chair Governor Susana Martinez. “All across the country, Republican governors are building a better future for their states by balancing budgets, lowering taxes, reforming education and creating jobs. Thanks to the hard work and bold leadership of our Republican governors, the RGA continues to have the resources needed to defend our incumbents and expand our majority.”

“This strong financial position, combined with our strategic investments, will be vital to combatting the Left’s plan to spend millions of dollars to defeat Republicans at the state level,” said RGA Executive Director Paul Bennecke. “Republican governors are taking action and achieving meaningful results in their states, and this record-setting first quarter puts the RGA in a prime position to ensure Republicans continue to pick up governorships this November.”

The RGA has already made key investments in Indiana and North Carolina, and today announced a sizable expenditure in West Virginia. RGA will be adding additional expenditures in states in the coming weeks.

Comparable Years: First Quarter Financial Summary

Year       Raised

2008:     $7.1 Million

2012:     $12.2 Million

2016:     $12.8 Million