On July 2, Tom Reed released a report on his first half fundraising to the press. On July 15, the day of the deadline, Tom filed his official second quarter report. Why would he wait? July 15 is the last day to file, but Tom evidently had the information at least by July 2. I believe he waited to give maximum exposure to his version of the report.
The FEC reports show about 500 Q1,2 contributors most of whom were not local (for Q2, 48 gave NY addresses other than NYC), and $485, 795 raised in the second quarter. The smallest contributions listed are two for $75 (one $50 contribution is listed for Q1, nothing smaller). Most of the “individual contributors” contributed on behalf of employers or organizations.
Here is a summary of the Q1 and Q2 reports:
Here is a breakdown of the amounts received in Q2:
|Amount (in 1000s)||0-1||1-2||2-3||3-4||4-5|
|Number of Contributions||63||143||93||6||13|
No contributor listed for Q2 gave less than $75–there were two of those; one was the smallest of several contributions from the Allegany County Republican Committee. There were other multiple contributions; for example, Stephen and Christine Schwarzman made four contributions of $2,700, Stephen is listed as an investment banker while Christine is listed as a homemaker, a billionaire homemaker. Six more large contributions were made by Schwarzman’s associates in The Blackstone Group.
According to the FEC summary, about 60% of Tom’s 2nd quarter contributions came from PACs.
This year Tom removed the link to his financial reports from his web page; one wonders why he did that.