Oct 14, 2020 - Politics & Policy

Anti-Trump Lincoln Project raised $39.4 million in third quarter

Maria Arias

The Lincoln Project, a group of anti-Trump Republicans that has produced a number of the election cycle's most viral political attack ads, raised $39.4 million from July through September, according to Federal Election Commission records filed Wednesday.

Why it matters: The group run by Republicans and ex-Republicans has been growing its fundraising exponentially, shattering the $16.8 million record it set in the second quarter of 2020. It has since won over many more Democratic donors with deep pockets, while still receiving a large percentage of its total fundraising from donations under $200.

By the numbers: The Lincoln Project's Q3 haul is more than double the $19 million that the group raised in the previous six months.

The group finished its first quarter with $1.9 million with early support from Walmart heir Christy Walton and Silicon Valley executive Ron Conway, records show.
According to CNN, the Lincoln Project's largest Democratic donor in its second quarter was hedge fund manager Stephen Mandel, who donated $1 million to the group.

Add Axios on Google

Anti-Trump Lincoln Project raised $39.4 million in third quarter

What to read next