- About Us
- Community Guidelines

Advertising on BOR
- Advertise on BOR


We're Counting On You.

Burnt Orange Report is redeveloping our website for the first time in almost a decade.

We're counting on your support to continue providing you free and frequent coverage of progressive issues that matter to Texans.

Help us build a website that is as great as the content we publish on it.

Why Does Wendy Davis Have Three Fundraising Committees? An Explainer, Plus Top Reaction Tweets

by: Katherine Haenschen

Wed Jan 15, 2014 at 08:48 AM CST

The gubernatorial fundraising numbers from Wendy Davis and Greg Abbott came out last night. Davis raised $12.2 million across three committees, whereas Abbott raised $11.5 million across one committee, Texans for Greg Abbott.

Here are the numbers from Davis:

* Wendy R. Davis for Governor, Inc.: $4,172,778
* Wendy R. Davis Candidate/Officeholder: $4,555,228
* Texas Victory Committee, Inc.: $3,501,513

Why does Wendy Davis have three committees, and what does that Texas Victory Committee do?

First off, the first committee, "Wendy R. Davis for Governor, Inc." is the fundraising account she opened specifically for her gubernatorial run, after she announced. It is an SPAC, or "Specific Purpose PAC." It exists only to support her run for governor.

However, before Wendy Davis announced for Governor on October 3rd, she hadn't yet set up a "Wendy for Governor" account. She was, however, raising into her State Senate account, which she already had on file as an officeholder. That's what the "Wendy R. Davis Candidate/Officeholder" account was. Everyone who donated to Wendy after the special session ended but before she announced her run donated there. She can transfer all of these funds to her gubernatorial campaign should she so choose.

Finally, what's the Texas Victory Committee? Find out below the jump and check out some top tweets about Wendy's fundraising win over Abbott.

The Texas Victory Committee is a joint fundraising committee for Wendy Davis and Battleground Texas, designed to make sure that there is enough money raised to specifically enable Battleground to turn out the voters Wendy needs to win.

Joint fundraising committees are nothing new to politics. (The FEC rules provide a good overview of how they function.) For instance, Ted Cruz has a "Victory Committee" that raises for Cruz's Senate account and the Jobs Growth and Freedom Fund.

To call the Texas Victory Committee a "split" between Wendy Davis and Battleground Texas suggests that she won't be the recipient of all of the money. That doesn't accurately convey how the money is to be used -- it will be used by Battleground to elect Wendy Davis. She will be on the receiving end of the electioneering paid for with that fund.

Why have a Texas Victory Committee? In part, because large donors want to give to both efforts and don't want to have to seemingly "choose" one over the other. Additionally, a donor who can only afford, say, a $1000 contribution to the entire cause may want to buy one $1000 ticket to an exclusive, high-dollar event and get all of the VIP treatment that comes with it, rather than two $500 tickets to two separate events.

It's also in Wendy Davis's best interests to make sure that Battleground Texas has the funds it needs to continue the immense voter registration and base mobilization effort that is already going on here in Texas. For better or worse, the candidate is the "sexier" fundraising draw, but she still has to make sure the entire infrastructure is funded. Many of Davis's fundraising events list the Victory Fund as the recipient of donations.

So that's how it works. Now, here are some top reaction tweets to Wendy's reports, including genuine shock and amazement from a Politico reporter. Not bad, Wendy. Not bad at all.

Copyright Burnt Orange Report, all rights reserved.
Do not republish without express written permission.

Tags: , , , , (All Tags)
Print Friendly View Send As Email

And? (0.00 / 0)
Bill White outraised Rick Perry in at least parts of the 2010 race, and we know how that turned out.

Besides, if Abbott uses third-party joint fundraising himself, he didn't report it this time, twould seem ...

But, he sure as hell will in the future, which means short-term spin could backfire.

There is no god and I am his prophet - SocraticGadfly

Amazon Referrals
Buying Back-to-School Books?

Use BOR's Amazon Referral and we'll receive a share of your purchase, at no cost to you!

Click here to shop.

Connect With BOR

2014 Texas Elections
Follow BOR for who's in, who's out, and who's up.

Candidate Tracker:
-- Statewide Races
-- Congressional Races
-- State Senate Races
-- State Rep. Races
-- SBOE Races
-- Austin City Council

Click here for all 2014 Elections coverage


Make a New Account



Forget your username or password?

Texas Blue Pages

Texas Blue Pages
A career network for progressives.


Shared On Facebook

Burnt Orange Reporters
Editor and Publisher:
Katherine Haenschen

Senior Staff Writers:
Genevieve Cato
Joe Deshotel
Ben Sherman

Staff Writers:
Omar Araiza
Emily Cadik
Phillip Martin
Natalie San Luis
Katie Singh
Joseph Vogas

Byron LaMasters

Blogger Emeritus:
Karl-Thomas Musselman

Read staff bios here.

Traffic Ratings
- Alexa Rating
- Quantcast Ratings

Powered by: SoapBlox