Hillary Clinton rakes in more than $45mn in 1st quarter

Hillary Clinton rakes in more than $45mn in 1st quarter
More than $45 million has been raised in donations since Democratic presidential contender Hillary Clinton announced her campaign in April, according to aides. That’s an average of $500,000 a day, with 91 percent representing donations as small as $100.

The Clinton campaign announced its contribution highlights on Twitter on Wednesday.

Clinton’s primary donation total thus far exceeds the amount raised by President Barack Obama in his first quarter re-election bid in 2011, when he collected $42 million. The amount is nearly double the $26 million sum Clinton raised in her first quarter primary bid in 2008, which included $19.1 million for the primary and $6.9 million for the general election.

Missing from the fundraising total is a breakdown of the number of donors to the Clinton campaign, the average donation, or how many have contributed the $2,700 legal maximum for a primary campaign. If the majority of the campaign contributions turn out to be $100 or less, implications are that, at least in the early stages, her candidacy enjoys broad-based grassroots support.

In an earlier tweet, the Clinton campaign set a goal of 50,000 donations. In emails to supporters on Tuesday, Clinton said they were still 4,000 under their goal.

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Financial figures for the fiscal quarter ending June 30 must be reported to the Federal Election Commission by July 15.

In the past three months, Clinton has headlined at 58 fundraisers in 18 states. Clinton aides have said the campaign plans to raise $100 million by the end of 2015.

Other primary Democratic presidential candidates are Lincoln Chafee, former Governor of Rhode Island; Martin O’Malley, former Governor of Maryland; and Sen. Bernie Saunders (I-Vermont). The former Senator of Virginia, Jim Webb, is said to be considering declaring his candidacy soon.

The Sanders campaign said they had received contributions from more than 200,000 people since entering the race in April, with donations averaging $37 for a total of $8.3 million, according to Reuters reports.