Lakhota
Diamond Member
The GOP admits two dozen companies have pulled out because of Trump.
CLEVELAND – Millions of dollars short and running out of time, organizers of the Republican National Convention have written an urgent request for $6 million to Las Vegas billionaire couple Sheldon and Miriam Adelson to cover the bills for next week’s festivities.
In a letter addressed to the Adelsons, obtained by POLITICO, the Cleveland 2016 Host Committee revealed the names of more than two dozen prominent corporations and individuals who have reneged on a collective $8.1 million in pledged donations.
The letter represents the most public acknowledgement to date that Donald Trump has directly cost convention organizers millions of fundraising dollars.
“Over the past couple months, negative publicity around our potential nominee resulted in a considerable number of pledges backing out from their commitments,” the letter says.
It goes on to list the companies and wealthy individuals who have withdrawn their financial commitments. Among those who have canceled their donations, according to the letter, are David Koch ($1 million), FedEx ($500,000), Visa ($100,000) and both Pepsi ($500,000) and Coca-Cola ($1 million).
There have been previous reports of individual companies that have chosen not to participate in this year’s convention, but this is the most comprehensive listing of corporations that have pulled back on previous commitments.
Other corporations listed in the letter as having withdrawn earlier commitments include Apple ($250,000), as previously reported by POLITICO, as well as BP ($50,000), and United Health ($500,000).
Spokespersons for the convention host committee and Adelson did not immediately respond to requests for comment.
More: DESPERATE: RNC Organizers Beg Sheldon Adelson For $6 Million
Why aren't Trump's base supporters kicking in some money? Even the "poorly educated" should have a little spare change.
CLEVELAND – Millions of dollars short and running out of time, organizers of the Republican National Convention have written an urgent request for $6 million to Las Vegas billionaire couple Sheldon and Miriam Adelson to cover the bills for next week’s festivities.
In a letter addressed to the Adelsons, obtained by POLITICO, the Cleveland 2016 Host Committee revealed the names of more than two dozen prominent corporations and individuals who have reneged on a collective $8.1 million in pledged donations.
The letter represents the most public acknowledgement to date that Donald Trump has directly cost convention organizers millions of fundraising dollars.
“Over the past couple months, negative publicity around our potential nominee resulted in a considerable number of pledges backing out from their commitments,” the letter says.
It goes on to list the companies and wealthy individuals who have withdrawn their financial commitments. Among those who have canceled their donations, according to the letter, are David Koch ($1 million), FedEx ($500,000), Visa ($100,000) and both Pepsi ($500,000) and Coca-Cola ($1 million).
There have been previous reports of individual companies that have chosen not to participate in this year’s convention, but this is the most comprehensive listing of corporations that have pulled back on previous commitments.
Other corporations listed in the letter as having withdrawn earlier commitments include Apple ($250,000), as previously reported by POLITICO, as well as BP ($50,000), and United Health ($500,000).
Spokespersons for the convention host committee and Adelson did not immediately respond to requests for comment.
More: DESPERATE: RNC Organizers Beg Sheldon Adelson For $6 Million
Why aren't Trump's base supporters kicking in some money? Even the "poorly educated" should have a little spare change.
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