Democrat Pete Buttigieg says he raised more than $24 million in 2nd quarter

Reporting from SOUTH BEND, Ind. —  Democrat Pete Buttigieg said Monday that he took in $24.8 million during the second fundraising quarter, more than triple what the South Bend, Ind., mayor raised during the first three months of the year for his surprise hit presidential campaign.

Buttigieg was the first White House contender to announce his fundraising numbers for the quarter, which ended at midnight. His haul amounts to a show of force at a crucial early juncture in the race where fundraising figures, and the number of people giving to a campaign, aren’t just indicators of viability but criteria for qualifying for the debate stage in September.

“Pete has proved why he is a top-tier candidate for the nomination,” campaign manager Mike Schmuhl wrote in an email to supporters. “From town halls on MSNBC, CNN, and Fox News to last week’s debate, he’s shown the country what I’ve known for a long time: Pete is the best person to bring a new generation of leadership to Washington.”

Buttigieg, 37, surprised many people with a first-quarter haul of about $7 million that topped many of his better-known rivals and helped place him in the upper echelon of a crowded 2020 field that has drawn more than 20 contenders. His latest numbers further cement him as a leading candidate and are sure to draw notice from rival campaigns, many of whom have struggled to raise money.

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The $24.8-million sum tops the $18 million raised last quarter by Sen. Bernie Sanders (I-Vt.), who led the Democratic field in fundraising during that period.

More important, Buttigieg is doing well enough in public opinion polls and has received contributions from more than 400,000 people, which secured his spot in the September debates.

The Democratic National Committee requires participants to hit 2% in multiple polls and 130,000 individual donors. Though many campaigns are worried, DNC Chairman Tom Perez has resisted pressure to relax the requirements.

Currently, the only other locks for the fall debates are former Vice President Joe Biden, Sanders, Massachusetts Sen. Elizabeth Warren and California Sen. Kamala Harris.

Buttigieg’s campaign says he has $22.6 million in cash on hand and received money from donors from all 50 states, as well as U.S. territories, with an average contribution of about $47.

But his fundraising figures could come with caveats. For example, Buttigieg may be accepting donations that he could spend only during the general election. That would allow him to inflate his totals by allowing donors to give a $2,800 check for the primary, as well as an additional $2,800 for the general election.

Buttigieg’s campaign has not said how much general-election money is included in the total, though spokesman Chris Meagher said they do accept those donations when they are given.

So far, none of Buttigieg’s rivals has released quarterly fundraising figures, which don’t have to be reported to the Federal Election Commission until July 15.

Last month, however, Biden hinted that he had raised a similar amount.

Biden said at a New York fundraiser that his campaign had amassed 360,000 donors, who gave an average of $55 apiece. The math suggests that he collected about $19.8 million since entering the race in April, but his campaign declined to confirm the figure at the time.

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