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About Street roots. (Portland, OR) 1998-current | View Entire Issue (April 27, 2012)
Street roots 13 April 27, 2012 BIG MONEY, from page 12 Table 2 - Contribution Percentages by Location Hales has received two contributions of $25,000 each from investment fund manager David Nierenberg and construction company Stacy & Witbeck. Pennsylvania resident Barbara Hall, , founder of Rejuvenation House Parts James Kelley, and property manager Melvin Mark each gave $20,000 while real estate investor Albert Solheim gave $15,250. TNT Development gave $12,500 which is interesting since they also gave $10,000 to Eileen Brady’s campaign. The top 20 contributors to Smith’s comprise 26 percent of his total fundraising. The top donor is political consultant Megan Hull giving $11,000. AFSCME Local 189, Oregon AFSCME Council 75, and Susan Burmeister-Brown each gave $10,000. O’Neill Electric gave $9,000. Outside of Oregon Unknown* Eileen Brady 9% -19 states 7% Charlie Hales 21% -13 states 9% 70% Jefferson Smith 23% -18 states 22% 55% Candidate Oregon 84% - * Unitemized contributions o f $100 or less do not include a donor’s name and address so not all contributions can be identified by location. Due to rounding percentages may not add up to 100 Percent. Table 3 - Double Giving: 20 Contributors To Brady, Hales and Smith To Brady and To Brady and To Hales and Hales Smith Smith 6 contributors 39 contributors 11 contributors $15,570 $128,200 $11,430 2 contributors $11,000 a K i Contribution Geography Candidates have friends and connections that often cross city and state lines so contributions from outside of Portland and Oregon shouldn’t be a big surprise. Smith has the largest percentage of contributions coming from outside of Oregon at 23 percent from donors in 18 other states. Hales’ fundraising comes from 13 other states and comprises 21 percent of his total contributions. Brady’s fundraising includes 9 percent from donors in 19 other states. I ! Double giving is when one donor gives financial support to two or more candidates in a race. Thus far in 2012 mayoral fundraising, 58 contributors have hedged their bets and made contributions to more than one candidate. These double-giving contributions total $166,880 and comprise 9 percent of the combined fundraising by Brady, Hales, than dedicated support for one candidate. Six donors gave contributions to all three candidates that totaled $15,570. Thirty-nine donors gave $128,200 to Brady and Hales while another 11 contributors gave $11,430 to Brady and Smith and 2 donors gave $11,000 to Hales and Smith. Some double givers donate the same amount to each candidate. For example, William Dickey who owns a printing company used by many political campaigns has given $1,000 each to Brady, Hales, and Smith as did frequent political donor Win McCormack. John Carter of Schnitzer Steel Industries also gave $1,000 each to Brady, Hales, and Smith. Another triple giver, James Winkler of Winkler Development has, thus far, given $3,500 to Brady, $500 to Hales, and $250 to Smith. Making the largest double giving donations is TNT Development Co. that contributed $10,000 and Smith. M ost of the double giving to Brady and $12,500 to Hales. The m ost involves contributions from one donor to both Brady and Hales. This trend is troubling given that the contributions seem to be more about ensuring future access lopsided double giver is railroad car manufacturer, Greenbrier Company, who gave $10,000 to Hales and $1,750 to Brady. Contributions from double givers Double Giving comprises 8 percent of Brady’s fundraising, 13 percent of fundraising by Hales and 4 percent of Smith’s fundraising, all as reported through April 20th. These are comparable to the double giving in the 2004 contest between Sam Adams and Nick Fish where the percentage of fundraising from donors who gave to both Adams and Fish ranged from 8.6 percent of primary fundraising by Adams to 12.8 percent of general fundraising by Fish. Mary Edmeades Social impact Banking 503.445.2155 medmeades@aibinabank.com Member At Albina Community Bank the most ordinary financial transaction can have an extraordinary impact on our local community. You’re going to bank somewhere, why not let your banking make a difference in the places where you live and work? LENDER Street Roots is a proud partner with the Jesuit Volunteer Corps Northwest and Americorps. CORPS NORTHWEST « 1 Broken System Everyday Portlanders can’t afford to write checks of $1,000 much less $10,000 to mayoral candidates. Portland’s private money campaign finance system is broken as demonstrated by the domination of fundraising by such a small number of donors who can write these large checks. F ’S 7 Double giving is another dem onstration of the broken private money campaign finance system since this contribution pattern seems designed to ensure access no matter who wins. ELECT M eet Your Local Branch Manager: “C om m unities a re n t ju s t streets a n d build ings. C om m unities are thriving places where cultures, commerce a n d souls grow stronger together ” - M ary 4 FRI I I J 11 i PORTLAND CITY COUNCIL OUR VOICE IN CITY HALL Spending tax dollars wisely to serve all Portlanders I i I Limiting cam paign donors to $5-$50 per person www.Amanda2012.com 503-960-3720 Please join my campaign!