FOR IMMEDIATE RELEASE
October 4, 2012
Kaine for Virginia Press Office
TIM KAINE RAISES $4.5M IN 3RD QUARTER
Campaign Reports Nearly $15 Million Raised Cycle-To-Date From More Than 40,000 Donors
Richmond, VA – Today, Kaine for Virginia announced the campaign had its best quarter to date, raising approximately $4.5 million. Since the campaign began, Kaine for Virginia has raised nearly $15 million from more than 40,000 individual donors, including 10,000 new donors in the last six weeks alone. During the third quarter, nearly 70 percent of the donors who gave to Kaine's campaign donated less than $200.
After purchasing $3 million in additional advertising for the fall campaign, bringing the campaign’s total ad buy so far to $7.5 million, Kaine for Virginia has $1 million cash on hand.
“We are truly humbled by the thousands of donors across the Commonwealth who have helped make this our strongest quarter yet,” said Kaine for Virginia Campaign Manager Mike Henry. “Since we started this race more than 17 months ago, we have constantly been encouraged by the outpouring of support for Governor Kaine’s candidacy and the enthusiasm for his Virginia-based, forward thinking strategies to solve our fiscal and economic challenges. While we're proud of our fundraising total, we are most proud of the number of our donors and volunteers. We know we'll have to rely on them to help battle against increasingly desperate ads and tactics in the last weeks.
“Even in the face of more than $13 million in false ads run by outside groups, largely funded by secret money, supporters from all stripes have stood up and affirmed what we’ve known all along – grassroots support will be what wins this race. As we enter the last month of the campaign, we are in a good position to share Governor Kaine’s message with voters across the Commonwealth and optimistic about finishing strong.”