107 WASHINGTON AVE, 2
• ALBANY, New York 12210
2270 • 518
0876 • Fax 518
Offices In: Albany, Buffalo, Binghamton, Cortland, Long Island, New Paltz, New York City, Purchase & Syracuse
For immediate release: 7 PAGES For more information:
Thursday, January 16, 2014 Bill Mahoney, (518) 817-3738
NYPIRG ANALYSIS OF
GOVERNOR CUOMO’S FUNDRAISING ELECTION CYCLE
2010-2014 Cuomo Donors by Aggregate Contribution Total
(Albany, N.Y.) According to an analysis of state campaign finance filings, the New York Public Interest Research Group (NYPIRG) has found that:
80.97% of the money raised by Governor Cuomo
’s campaign committee this election cy
cle has come from donors who have given aggregate totals of $10,000 or more. This represents a slight increase from July, at which point 80.18% of his
had come from donors at this level.
Similarly, the percentage of coming from donors to the governor giving less than $1,000 has decreased from 0.89% to 0.85%.
Only 0.69% of his
campaign committee’s contributions
have come from individuals
not corporate entities
who have given aggregate totals of less than $1,000.
Donor Level Total $ % of All $ Total Donors
$40,000 or more $15,530,789.17 45.06% 242 $10,000 or more; less than $40,000 $12,373,039.76 35.90% 682 $2,6000 or more; less than $10,000 $4,194,642.46 12.17% 835 $1,000 or more; less than $2,600 $2,071,928.00 6.01% 1386 Less than $1,000 $293,218.08 0.85% 1128
242 donors have contributed $40,000 or more to Governor Cuomo
Donations from clearly-linked corporate and union entities have been combined for this analysis. At least 41 donors have exploited various loopholes to give Governor Cuomo more than the purported $60,800 contribution limit.
Donor Total Donations
Holdings of Leonard Litwin
$800,000.00 THE RICHMAN GROUP INC. $264,000.00 KASOWITZ, BENSON, TORRES & FRIEDMAN LLP $200,000.00
The totals in this analysis reflect contributions and contribution refunds made between December 1, 2010 and January 14, 2014. This study excludes contribution refunds made to 16 entities totaling $41,160.23, presumably residuals of the 2010 election cycle, which resulted in more money being refunded to them than they gave this election cycle. It is possible that the identification of more vaguely-titled LLCs will lead to an increase in the total money from large donors.
When donors appear entirely in upper-case letters, they match a spelling that appears somewhere in the campaign finance database, though subsidiaries with different names might be aggregated in the amount. Donors whose names appear with regular typography are names that do not appear in the campaign finance database, and was created by NYPIRG to clarify the identity of vaguely-titled contributions.