Hillary Clinton raises more than $100M in 2015 for primaries

Hillary Clinton raises $37M in fourth quarter of 2015 and $112M in total in past year for US Democratic presidential primaries

Photo by: Reuters
Photo by: Reuters

U.S. Democratic presidential candidate Hillary Clinton gets a hug from a supporter at a campaign town hall meeting at South Church in Portsmouth, New Hampshire, December 29, 2015

Hillary Clinton's presidential campaign said Friday it raised $37 million in the past three months and more than $112 million in all of 2015 to support her bid for the Democratic nomination.

Clinton's team also said she raised $18 million for the Democratic National Committee and state Democratic parties nationwide in the fourth quarter, putting her total haul for the past three months at $55 million. The fundraising for the DNC and state parties is aimed at helping Clinton in the general election should she win her party's nomination.

Clinton's fourth-quarter amount exceeded the $28 million she raised in the three months that ended Sept. 30. Heading into the January sprint toward the leadoff Iowa caucuses on Feb. 1, Clinton's campaign said it has nearly $38 million in cash on hand.

"Thanks to the hundreds of thousands of Americans who have joined together and powered this historic campaign, we are now heading into Iowa and New Hampshire with the resources we need to be successful," campaign manager Robby Mook said in a statement. Clinton's campaign had set a goal of $100 million for the primary in 2015.

Clinton's chief rival, Bernie Sanders, did not immediately report his fundraising totals for the quarter that ended on Dec. 31. But the Vermont senator has collected more than 2 million individual contributions and raised money online at a vigorous pace, taking in about $40 million through the end of September and ending that period with about $27 million in the bank.

His campaign has noted that most of its donors have given in small increments — about $20 to $30 a piece — allowing Sanders to return to them repeatedly.

While Clinton has built a steady lead in national polls, Sanders remains competitive against her in Iowa and holds a slight advantage in New Hampshire, his New England neighbour which holds its primary on Feb. 9. The third major Democrat in the race, former Maryland Gov. Martin O'Malley, has lagged behind Clinton and Sanders in fundraising and polls.

The Clinton campaign said more than 60 percent of its donors in 2015 were women. It also said 94 percent of the donations it received in the fourth quarter came in increments of $100 or less, but it did not say what percentage of its overall fundraising total came from such small-dollar donors. The campaign spent about $75 million in 2015, building large organisations in the early voting states and a data-driven operation to connect with voters.

Helped by several fundraisers headlined by former President Bill Clinton, most of Hillary Clinton's money came via traditional fundraising events, where the price of entry was often the legal maximum donation of $2,700 for the primary. The presidential candidates have until Jan. 31 to report such details to federal regulators.

Clinton isn't alone in releasing some selective details ahead of that schedule. Earlier this week, Republican Texas Sen. Ted Cruz's campaign said it had raised nearly $20 million in the fourth quarter.

Cruz's campaign said in a memo to supporters that he will finish the year having raised more than $45 million, but it did not disclose how much the campaign has spent or how much cash it has on hand.