Alan Grayson raises $800K in first quarter, loans another $200K to U.S. Senate campaign
Democrat Alan Grayson reports having had his most successful fundraising period to date since entering the race for Marco Rubio's U.S. Senate seat last July.
But with a crowded slate of candidates, the latest fundraising numbers for the Orlando congressman continue to fall short of his competitors.
Grayson announced this afternoon that he'd raised about $800,000 during the first three months of 2016, of which $700,000 came from online contributions.
His campaign emphasized continuing grassroots support from small-dollar donors -- noting that Grayson has gotten more than 81,000 individual contributions since entering the race and that his first-quarter haul "arrived largely from average online donations of about $16."
“This is what real democracy looks like, when thousands of average citizens give what small amount they can to help elect a true progressive, someone who’s proven he gets things done,” Grayson political director Mario Piscatella said in a statement.
But there are signs that Grayson continues to burn through money.
Grayson, who has historically helped self-fund his political endeavors, reported giving his campaign a $200,000 loan last quarter. That's on top of two $100,000 loans Grayson gave his campaign during the latter half of 2015 and a $50,000 loan he gave about two weeks before officially diving into the Senate race.
His campaign also reported entering April with about $400,000 in cash on hand, about double what he had in the bank going in to 2016 but a modest amount compared to his competitors.
By contrast, his Democratic opponent in the August primary -- fellow U.S. Rep. Patrick Murphy, D-Jupiter -- announced this morning he'd raised $2 million during the first three months of 2016. Murphy also reported having $5.6 million in cash on hand, about 14 times more than Grayson says he has.
Among Republicans, Rep. Ron DeSantis, R-Ponte Vedra Beach, said last week that he'd raked in $1.1 million between January and March and had $3.2 million in cash on hand.
The other four Republican candidates have yet to release numbers. They are: U.S. Rep. David Jolly of Indian Shores, Lt. Gov. Carlos Lopez-Cantera of Miami, Orlando businessman Todd Wilcox and Sarasota home-builder Carlos Beruff.
Democrat Pam Keith, a North Palm Beach attorney, also hasn't announced her figures. Her fundraising in previous quarters has been nominal.
First-quarter campaign finance reports are due to the Federal Election Commission on April 15.