fundraising

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New Record: Stanford Raises $1B in a Year

3.5K US universities bring in $31B

(Newser) - For the eighth year running, Stanford University is the top fundraising university in the US—and this year, its haul surpassed $1 billion, setting a new record. Runners-up were Harvard, with $650 million, and Yale, with $544 million, the BBC reports. Some 3,500 universities brought in a combined $31...

Zuckerberg's New Friend: Chris Christie

Facebook founder to hold fundraiser for New Jersey governor

(Newser) - Mark Zuckerberg will host a fundraiser for Chris Christie next month, in perhaps the Facebook founder's most overt display of his political leanings to date. Zuckerberg and Christie apparently hit it off when Zuckerberg donated $100 million to Newark's school system, USA Today reports. "They have maintained...

Bullied Bus Monitor Quits With $700K

Karen Klein: I'm not leaving because job was too tough

(Newser) - The school bus monitor who was tormented ruthlessly by young bullies has decided to pack up and retire, the AP reports. Karen Klein, 68, said she's not giving up her 3-year gig of watching over school children because it was too difficult. "I'm not quitting because of...

Daughter Going to Disney World After All

Donations override dad's nixing of Make-A-Wish trip

(Newser) - A little girl who battled leukemia and won may be going to Disney World after all. Four-year-old McKenna May was ready for the trip when her dad nixed it, saying the Make-A-Wish Foundation should only help kids with 6 months to live—not cured kids like McKenna, the Sentinel-Journal reports....

Web's Gift to Bullied Bus Monitor: $260K

Karen Klein may take whole family on Disney cruise

(Newser) - Karen Klein had to put up with a shocking amount of bullying from students on the school bus where she works as a monitor—but thanks to the power of the Internet, her story has a happy ending. A 10-minute video of Klein being bullied to the point of tears...

Anti-Kony Charity Slammed for Spending Habits, Gun Pic

'If you don't accept our unorthodoxy, you don't get us,' says co-founder

(Newser) - An evangelical-linked charity behind a massively viral video exposing the evils of African warlord Joseph Kony is scrambling to answer questions about how it spends its money and a controversial photo showing members posing with weapons. Only 32% of $8.6 million raised by video-maker Invisible Children last year went...

Obama Raised $29M Last Month

Total haul hits $250M for 2012

(Newser) - President Obama raised a healthy $29.1 million for his campaign and the Democrats last month, bringing his total haul for this election to $250 million. Some 98% of last month's donations were of $250 or less, the campaign said. Nonpartisan analysts said donations of $200 or less made...

Occupy Wall Street Almost Broke

With camp gone, so are donations

(Newser) - It turns out Occupy Wall Street isn't great with money. The protest movement raised $700,000 last fall, but now all but $170,000 of that is gone, the Wall Street Journal reports. And now that protesters been evicted from Zuccotti Park and aren't garnering media coverage anymore,...

Despite 'Hell,' Cain Still Raising

Allegations haven't slowed donations, campaign says

(Newser) - The morass of sexual harassment allegations hasn't slowed Herman Cain's fundraising. The candidate has raised $9 million over the last six weeks, according to his campaign, with $2.25 million of that donated since the sexual harassment story first broke. If money keeps flowing to the Cain campaign...

Obama Is Fundraiser in Chief

He's held more events than the last five guys

(Newser) - Barack Obama has held more fundraising events in his first term than any of the last five presidents—and it’s not terribly close. According to new research reported by USA Today , Obama has held a whopping 127 fundraising events so far, outpacing George W. Bush (88), Bill Clinton (76),...

RNC Chief: Obama Is Guilty of Fundraising Crime

Priebus wants White House video investigated

(Newser) - The chief of the Republican National Committee wants the Department of Justice to investigate an "apparent crime" committed when President Obama recorded a fundraising video in the White House. Reince Priebus says the video was recorded in the Map Room, violating a law against using any area of the...

Twitter Valued at $7B

That's almost twice the figure from 7 months ago

(Newser) - Twitter’s latest private fundraising effort values the firm at up to $7 billion, an insider tells the Wall Street Journal . Just seven months ago, a round of fundraising that brought in $200 million valued the firm at $3.7 billion. Twitter is hoping its ad system, begun last year,...

Obama Romancing 'Fat-Cat' Donors

And, simultaneously, not-so-rich ones

(Newser) - President Obama's 2012 machine is revving up early, and his campaign is using all its assets to pull in wealthy donors—while also courting the small Internet donors that fueled his grass-roots machine in 2008. The Washington Post takes a long look at the fundraising push, which has included...

Pledge Drives Muscle In on PBS Programming

Individuals are cash-strapped stations' biggest funding source

(Newser) - Between the recession and threats to its federal funding, PBS is facing tough times—so don’t be surprised if you see a lot more Les Miserables and self-help programming. PBS stations have upped the length of televised pledging periods by 9% since 2005, the company says, with some stations...

GOP Frosh: Screw Populism, Let's Throw Swank Party!

Furious John Boehner will not attend

(Newser) - John Boehner is not pleased with the kids: While the speaker-elect might prefer his caucus stick to the populist message that won them the House, on the eve of taking it over, a dozen freshman Republicans are throwing a lavish DC fundraiser headlined by LeAnn Rimes. For $2,500, Politico...

$2B House, Senate Races Smash Fundraising Record

Spending set to top $4M for each congressional seat

(Newser) - Fundraising records have been shattered as House and Senate candidates head toward the finish line, a Washington Post analysis of campaign finance data finds. House and Senate candidates have raised over $1.5 billion and total spending is on course to top $2 billion as hopefuls dig deep into their...

WikiLeaks: US Blacklisted Us, Screwed Up Funding

Assange says US waging financial war

(Newser) - WikiLeaks funding has been cut off thanks to what Julian Assange calls financial warfare by the US government. In an email to Assange, Moneybookers, the company that collected donations for WikiLeaks, said it was closing WikiLeaks' account “following the recent publicity and subsequent addition of the WikiLeaks entity to...

Rove's Fundraising Group Pulls In Just $200

No, we're not missing any zeros

(Newser) - Remember that big scary “shadow RNC” Karl Rove and Ed Gillespie cooked up to lure the big GOP donors scared off by Michael Steele? It’s not going so well. The group, dubbed American Crossroads, raised just $200 last month, according to a report filed with the IRS—and...

Rep. Grayson Raises $800K in First Quarter

People like 'congressmen with guts,' he explains

(Newser) - Florida congressman Alan Grayson's outspoken assault on Republicans is paying off: He raised a whopping $800,000 in the first quarter of 2010. Grayson, however, bristles at the notion that he's simply a lefty version of, say, Michele Bachmann, writes Greg Sargent at his Plum Line blog . "It’s...

ACORN Will Fold Due to Money Woes, Scandal

Activist group had already splintered following video sting

(Newser) - The once mighty community activist group ACORN announced yesterday it is folding, six months after video footage emerged showing some of its workers giving tax tips to conservative activists posing as a pimp and prostitute. "It's really declining revenue in the face of a series of attacks from partisan...

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