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Jack McDonald's Fundraising Prowess Gets Noticed


by: Matt Glazer

Tue Apr 28, 2009 at 09:46 AM CDT


Jack McDonald is making more waves in the Washington whisper crowd.

McDonald, who has filed an exploratory committee to take on Republican Mike McCaul, is one of ten non-incumbents with over $100,000 in the bank.

According to CQ Politics, only ten challengers (Republican and Democrats) have raised over $100,000 and only 2 have raised more than Jack McDonald.

Those two include 1 Republican: William Russell, Republican, Pennsylvania's 12th District ($403,000) taking on  Democratic Rep. John P. Murtha in a rematch of a 2008 campaign that Murtha won by 16 percentage points.  The other is  Suzan DelBene, Democrat, Washington's 8th District ($315,000). DelBene, a technology executive, is gearing up to oppose three-term Republican Rep. Dave Reichert.

McDonald barely missed the top spot for Democrats.

Jack McDonald, Democrat, Texas' 10th District ($312,000). McDonald, who also has a background as a technology executive, is waging a campaign against three-term Republican Rep. Michael McCaul that technically is still in the "exploratory" phase. But his first-quarter take makes it highly likely that he will make his bid official.

McDonald's first-quarter report shows that he put in just $1,000 of his own money and raised everything else from individual donors - many of whom gave the $4,800 maximum amount allowed under federal law, of which half can be used for a primary election and half for the general election.

Interestingly, McDonald is 33% of the entire list of Democrats on the list and 66% of those are in the top 3 spots. McDonald is showing he has an ability to raise some serious money and is making a strong case for the Texas 10th to be a targeted race for both Texans and Washington D.C. decision makers.

Update:  Something from the Congressional Quarterly article to highlight:

The $315,000 figure includes $209,000 of DelBene's own money, in the form of loans and contributions.

McDonald hasn't done that.  He has raised nearly every cent.  This makes Jack McDonald the best fundraiser among Democratic challengers and the second best among all challengers.

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McCaul on Houston Chronicle live webchat at noon today (0.00 / 0)
Trying to find info on McDonald (0.00 / 0)
Read his bio on the his website. Seems to gloss over post college years to the recent past.  Is his money just coming from tech companies and individual donors?

Did find this post from a while back:

"Where's McDonalds Money Coming From?   (0.00 / 0)
I think you may be interested to find out that Mr. McDonald took mulitple contributions from former colleagues and friends in New York City, where he was an attorney with the prominent law firm of Skadden, Arps until his move to Texas some 7 years ago.  Skadden, Arps represents a "who's who" of large Wall Street firms.

Among these contributors are executives from AIG, Morgan Stanley and Merrill Lynch, all recipients of Federal bailout funds in one form or another, as well as current attorneys with Skadden, Arps."  


an FYI (2.00 / 1)
That comment was comment spammed on multiple posts weeks after the posts had been written. While at first glance I couldn't tell you if they were valid or not, it's clearly a behavior of someone with an agenda that was spamming this site. So for what that is worth to you.

Please read the Community Guidelines and How to Rate Comments.

[ Parent ]
fec.gov (0.00 / 0)
Was able to find donors at fec.gov.  Are quit a few Wall Street investment company exec donors listed. With the receny bailouts maybe that's why the hole in the bio?

[ Parent ]
Many Dems are suspicious of McDonald (0.00 / 0)
because of his contributions to G.W. Bush and because of his raising money from traditionally Republican sources. A lot of that is because we don't have much else to talk about. He's not well-known among activists, and he hasn't articulated much of a message about issues.

That will change over time. It takes a while to get known, and it takes a while to hone a message. By Labor Day we'll know a lot more about him, and we'll be able to judge him on his merits, rather than on the FEC filings.  


[ Parent ]
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