Quick Hit:

The Trump-Vance campaign announced on Wednesday afternoon that it raised $130 million in August, with nearly $300 million cash on hand heading into the final stretch of the 2024 election. The bulk of the donations came from grassroots supporters, averaging $56 per contribution.

Key Details:

• The Trump-Vance campaign brought in $130 million in August, surpassing internal fundraising benchmarks.

• 98% of donations were from grassroots supporters, with an average donation of $56.

• The campaign ended August with $295 million cash on hand, positioning itself strongly for the final months leading up to the election.

Diving Deeper:

On Wednesday afternoon, the Trump-Vance campaign announced an impressive $130 million raised in August, surpassing their internal fundraising benchmarks and bolstering their war chest for the final push to November. The campaign’s statement highlighted the overwhelming support from grassroots donors, with 98% of contributions being under $200 and an average donation of $56.

The surge in fundraising has left the campaign with nearly $300 million in cash reserves, a financial position that will undoubtedly play a critical role in their ability to amplify their message in battleground states. The statement from Brian Hughes, Senior Advisor to the Trump Campaign, emphasized the momentum built not just from Republicans but also from Independents and disaffected Democrats, who are crossing partisan lines to support the ticket.

“With Republicans united and a growing number of Independents and disaffected Democrats crossing partisan lines, the Trump-Vance campaign has momentum for the final stretch of the race. These fundraising numbers from August are a reflection of that movement and will propel President Trump’s America First movement back to the White House so we can undo the terrible failures of Harris and Biden,” Hughes said.