Biden’s fundraising pace has slowed significantly since March, and former President Donald J. exceeded.
Mr. Trump’s advisers privately said his campaign worked with the Republican Party and all its affiliated committees to raise $76.2 million in April. The Biden campaign announced Monday night that it raised $51 million from the Democratic National Committee in April, just over half of what it raised in March and slightly less than what it raised in February. .
In a filing with the Federal Election Commission on Monday, Biden’s campaign reported that it brought in $24.2 million in April, compared to $43.8 million in March.
Trump’s campaign remains far behind in total cash on hand, according to April filings. Mr. Biden’s campaign ended April with $84.5 million in cash on hand, roughly flat from the previous month, while Mr. Trump’s campaign had net cash on hand of $48 million, up from $45 million in March.
Mr. Trump is working with the Republican National Committee to raise money and is able to collect checks of more than $800,000 per donor, which would narrow the fundraising gap with Mr. Biden if he secures the Republican nomination. was widely expected. Mr. Biden has spent months collecting such large checks with his party, building a comprehensive war chest with the Democratic National Committee and their joint account of $192 million.
The Biden campaign’s cash on hand was flat month-over-month due to the Biden campaign’s investment in a series of offices in battleground states and early advertising efforts.
Mr. Trump leads Mr. Biden in numerous polls, including a recent New York Times/Siena College/Philadelphia Inquirer poll, in six battleground states. The former president led in five of those states. But the Democratic Party has maintained a significant financial advantage, largely because as an incumbent, Mr. Biden was able to join his party months earlier than Mr. Trump, who had a primary opponent until early March. This is because we were able to conclude a joint financing agreement.
Trump continues to spend millions on legal fees, according to filings. Save America, the committee that has been used to pay his legal costs, set aside $3.3 million for that purpose in April.
Some committees won’t submit their reports until July, so Monday’s filing provides a partial view, detailing how Trump’s money flowed between various allied committees. Some of them remain unclear. It’s unclear how much money Trump and the Republicans had combined at the end of the month.
Still, filings and campaign statements reflect a busy month for Trump in fundraising. In early April, Trump’s campaign and political party reported raising more than $50 million at a private dinner in Palm Beach, Florida.
In contrast to March, which was packed with high-profile events including the State of the Union address and a star-studded event with his Democratic predecessors at Radio City Music Hall, April was a quiet month for Biden. Ta. The campaign and party reported raising $90 million in March.
The Biden campaign reported in February that the party’s committees had collectively raised more than $53 million.
Julie Chavez Rodriguez, Biden’s campaign manager, said in a statement Monday that the new numbers demonstrate “strong and consistent grassroots enthusiasm.” “Mr. Trump’s campaign continues to suck up cash, show no groundwork, and show no apparent interest in the conversations with voters necessary to win, leaving our growing and aggressive campaign in jeopardy. We are falling behind,” he added.
Later in the evening, the president’s supporters received a very different message in an email offering cash: “We are concerned.” “At this point, we have not even reached the amount we raised last month,” the email said.
In a statement released by the Trump campaign on Monday night, Trump said: “The only people left in America who support Crooked Joe Biden are the unruly Hollywood billionaires, but even they are failures. It turns out I’m done donating.” motion. The campaign added that his accomplishments were “especially noteworthy given that he has been confined to the courtroom for nearly nine hours a day for the past four weeks.”
Mr. Trump’s campaign itself received $9.4 million of the total proceeds, most of it from the community fundraising committee that receives his major donations. The Trump campaign spent just $5.5 million, including $1.4 million on postage, more than $600,000 on legal consulting, and nearly $500,000 on event production.
The Republican National Committee received $32 million in April and was left with nearly $39 million at the end of the month. The Democratic National Committee reported in April that it had raised $35.5 million and ended up with $62 million left on hand.
The Save America Committee, which paid Trump’s legal fees, received a $6 million transfer in early April from Trump’s main co-funding committee, according to filings. This is the first transfer recorded this year and the largest so far this cycle. Since February 2023, the Community Chest has sent a total of $14 million to Save America.
Save America also received $2.75 million in April from Make America Great Again, a super PAC supporting Trump, and $183,000 from a new joint fundraising committee that Trump formed with Republicans. received.
MAGA Inc. reported raising $12.8 million in April. That includes $10 million from Timothy Mellon, a Wyoming businessman and heir to the Mellon Bank fortune, who has now donated a total of $25 million to the group. Mr. Mellon has also contributed $25 million to a super PAC supporting Robert F. Kennedy Jr.’s independent presidential bid, including last month’s 500 It also includes a $1 million donation.
Biden’s campaign spent slightly less in April, at $25.2 million compared to $29.2 million in March.
Mr. Kennedy’s campaign filed its April report on Friday, days ahead of schedule, and said it had raised $10.7 million. As expected, that included an $8 million cash infusion from vice presidential candidate and Silicon Valley investor Nicole Shanahan, which has increased her fortune since she was named the winner in March. He has committed $10 million to the campaign.
At the same time, traditional funding for Mr. Kennedy this year appears to be holding steady in the $2 million to $3 million per month range. Aside from Shanahan’s donation, the campaign raised less than $2.7 million in donations in April, down from about $3.4 million in donations from non-Shanahan sources in March.
But campaign costs have ballooned in recent months as Mr. Kennedy seeks voting access in all 50 states. The campaign reported spending $6.5 million in April, including $2.2 million to its main voting access consultant, Accelevate 2020.
