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Some megadonors support Trump super PAC as it backs him for president

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December 12, 2022
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Some megadonors support Trump super PAC as it backs him for president
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Former President Donald Trump may have lost favor black stone The Super PAC, whose CEO Steve Schwartzman but backs Trump’s latest run for the White House, has a $100,000 investment to fund their efforts to bolster the 2024 campaign. We have quietly assembled a small group of potential key mega-donors.

Super PAC Make America Great Again Inc. Run According to Federal Election Commission filings, more than $40 million was recently raised by Trump’s former aides and allies, mostly thanks to large donations from Trump’s PAC, Save America.

Still, the latest disclosure showing Super PAC fundraising from Oct. 20 to Nov. 28 also lists nine other individual contributions totaling over $900,000. Another of his FEC filings showing donations in early October showed his seven donations totaling over $3 million from six businesses his leader and one of his companies to support MAGA Inc. Listed. record.

This small group of mega-donors arrived to endorse the Super PAC just before other influential investors decided not to support Trump’s 2024 presidential candidacy.donor walk away From supporting Trump’s campaign, Schwartzman, Citadel CEO Ken Griffin, New York businessman Andy Sabin, billionaire Ronald Lauder.

Trump has been twice impeached by Congress and is currently under investigation by the FBI for handling classified documents. Declared Super PAC’s latest FEC disclosure shows it has over $54 million on hand. A PAC spokesman did not return a request for comment.

Aside from Save America’s $40 million in November, the most recent large individual donation was a $500,000 donation from BPH Properties. real estate giant Luther S. Pate, IV. Pate, who also goes by the name Stan Pate, did not respond to a request for comment. State business records list Pate as the president of his BPH property.

Pate posted a photo of himself with Trump on the Alabama businessman’s Facebook page just days before the November midterm elections. Pate wrote in his Nov. 5 post that he was with Trump at his private club, Mar-a-Lago, and the highlight of the discussion was, “The midterm elections scheduled for Tuesday, voters cheating, stolen elections, 2024 and more.!”

The donation from BPH Properties was received by the parent Trump PAC on Nov. 9. This is due to her FEC filing just four days after Pate published the photo.

FEC records show that in previous election cycles, Pate also donated to at least one other pro-Trump PAC. Pate hasn’t registered a six-figure donation in the past decade against federal campaigns like his company’s recently made to a new super PAC that supports the former president.

When Trump first ran for the White House in 2016, Pate funded the anti-Trump super PAC We The People Foundation. FEC records show that PAC spent more than $160,000 on him to beat Trump through his first successful campaign.

An archived We the People Foundation-funded website titled “Anybody But Trump” says, “America is great! Trump sucks.” PAC also paid for full-page ads in anti-Trump newspapers in Mexico and South Korea. According to NBC News.

Splitco Holdings LLC donated $100,000 to MAGA Inc. at the end of October, according to the latest FEC filing. The donation lists an address that matches Houston-based Fertitta Entertainment, a conglomerate run by his businessman, Tilman Fertitta.Businessman own NBA franchise Houston Rockets and hospitality giant Laundry’s.

There is no record of a business titled “Splitco Holdings” in the Texas Secretary’s database, but there is a record of a business with the same address and nearly the same name called “CH Splitco Holdings.” The OpenCorporates database lists his member of managing CH Splitco Holdings as his CHLN Inc., a business operated by Fertitta, according to other business records.

FEC records show that Fertitta has been a major contributor to the Republican Party over the years. From 2018 to 2020, Trump sent three checks totaling $35,000 to the Republican National Committee and Trump Victory, the joint fundraising committee that helped Trump’s failed re-election, according to the filings. handed over. Rockets owners did not return requests for comment.

I went to Fertitta 2020 Briefing at the White House to meet with Trump to discuss loans for the Paycheck Protection Program launched at the peak of the coronavirus pandemic.During the briefing, Trump called Fertitta “a great guy, a great family, great everything.” Came back The PPP funding was because he didn’t want to appear as “a millionaire who took money from a small business.”

Murray Goodman, founder of The Goodman Company and real estate executive, donated $10,000 to PAC in late October, according to FEC filings. Goodman previously donated more than $200,000 to Trump’s victory.his daughter’s wedding reportedly It was held in Mar-a-Lago.

Goodman Company administrator Carolina Olson told CNBC that the donation will go to MAGA Inc., which supports Trump-backed Republican Senator Herschel Walker in the race for Senator Raphael Warnock’s seat. said it aims to fund the campaign of – Ga.

PAC is over Spending At least $681,000 to support Walker during general election, nothing during runoff that saw Warnock defeat republican candidate.

Recycling mogul Anthony Romanzino donated $100,000 to Super PAC on November 4th. report In 2018, Romanzino, a member of Mar-a-Lago, donated $150,000 to a fund to protect Trump’s aides and allies trapped in former special counsel Robert Mueller’s Russia probe.

Mr. Romanzino did not respond to a request for comment.

Tags: backsBlackstone Co.Business newsCollusionDonald TrumpLtd.megadonorsPACpoliticsPresidentselectionStan PateSteve SchwartzmansupersupportTrump
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