• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipDonald Trump

Donald Trump Raised More Than $50 Million in June

By
Zeke J Miller
Zeke J Miller
,
Alex Altman
Alex Altman
and
TIME
TIME
By
Zeke J Miller
Zeke J Miller
,
Alex Altman
Alex Altman
and
TIME
TIME
July 6, 2016, 1:50 PM ET
Donald Trump Holds Campaign Rally In Phoenix, Arizona
PHOENIX, AZ - JUNE 18: Republican presidential candidate Donald Trump speaks to a crowd of supporters during a campaign rally on June 18, 2016 in Phoenix, Arizona. Trump returned to Arizona for the fourth time since starting his presidential campaign a year ago. (Photo by Ralph Freso/Getty Images)Photograph by Ralph Freso—Getty Images

Presumptive Republican nominee Donald Trump will report raising more than $50 million in June, his first month of aggressive fundraising, according to Republican Party sources.

The sum, raised between the campaign and the larger Trump Victory effort with the Republican National Committee, is more than 16 times what he raised in May—the month in which he secured the nomination.

The sum, while a drastic improvement from his meager haul the month prior, pales in comparison to what then-presumptive Republican nominee Mitt Romney and the RNC brought in four years ago. The Romney Victory effort raised $106.1 million in June 2012.

While initially boasting he was self-funding his campaign, Trump has since shifted to a more traditional model of soliciting large dollar checks at campaign fundraisers and small-dollar donations online. Particularly since the departure of former campaign manager Corey Lewandowski, the campaign has stepped up its fundraising efforts, with Trump more personally involved in the solicitations and the digital effort unleashed to rake in money from Trump supporters.

In a statement, Trump’s campaign said $26 million went to the campaign, with the more than $25 million balance going to the RNC and other Republican groups. (The latter figure includes some money raised at his inaugural fundraisers at the end of May.) The campaign claims more than 400,000 supporters, with 94% donating under the $200 threshold required for individual disclosure.

Trump loaned his campaign at least $46 million through the end of May, according to Federal Election Commission filings. On June 23, his campaign released a statement that Trump has terminated the loan “in excess of $50 million dollars.” The Trump campaign said the candidate donated another $3.8 million to his campaign in June, bringing his total to $55 million.

Trump has yet to run a general election ad, and is leaving the work of building a ground effort to the RNC, which is the largest beneficiary of the money jointly raised through the victory effort. Hillary Clinton, meanwhile, has run tens-of-millions of dollars in television spots in battleground states and has hundreds of field staffers on the ground.

“We just started our fundraising efforts in the last week of May and we are extremely pleased with the broad-based support in the last five weeks for the Trump Campaign and Trump Victory,” Steven Mnuchin, Trump’s finance chairman, in a statement.

This article was originally published on Time.com.

About the Authors
By Zeke J Miller
See full bioRight Arrow Button Icon
By Alex Altman
See full bioRight Arrow Button Icon
By TIME
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.