POLITICS + GOVERNMENT

Trump campaign says it saw surge in donations after indictment

Apr 15, 2023, 3:55 PM

WEST PALM BEACH, FLORIDA - APRIL 04:  Former U.S. President Donald Trump speaks during an event at ...

WEST PALM BEACH, FLORIDA - APRIL 04: Former U.S. President Donald Trump speaks during an event at the Mar-a-Lago Club April 4, 2023 in West Palm Beach, Florida. Trump pleaded not guilty in a Manhattan courtroom today to 34 counts related to money paid to adult film star Stormy Daniels in 2016, the first criminal charges for any former U.S. president. (Photo by Joe Raedle/Getty Images)

(Photo by Joe Raedle/Getty Images)

(CNN) — Former President Donald Trump raised a combined $18.8 million in the first quarter of 2023 through his joint fundraising committee and his campaign — and saw a spike in donations after being indicted by a Manhattan grand jury on March 30 — according to new figures provided by his campaign.

The campaign told CNN it also raised $15.4 million in the two weeks after charges were filed against the former president, showing how much his supporters have rallied around Trump after learning of the indictment.

The Trump campaign said the fundraising figures suggest his legal woes have benefited him both politically and financially — at least in the short term — and energized his base as he continues to campaign for his third shot at the presidency.

Politico first reported Trump’s first quarter fundraising numbers.

Trump’s campaign previously said on March 31 that it had raised $4 million in the 24 hours since his indictment was first announced. The former president has pleaded not guilty to 34 felony criminal charges of falsifying business records.

During the first quarter, from January 1 to March 31, Trump received a total of 541,971 donations, according to the figures provided by his campaign. The average donation was roughly $34.

Comparatively, Trump received 312,564 donations in the two weeks after charges were filed against the former president, beginning on March 30, with the average donation totaling roughly $49.

Prior to the indictment, the former president was bringing in roughly $168,000 per day between January 1 to March 30. It’s unclear whether the boost the Trump campaign says it received since his indictment will continue into the second quarter.

The former president has been raising money for his 2024 presidential bid through both his campaign and his political action committee, Save America PAC. The figures provided by the Trump campaign show it spent $3.5 million in the first quarter and had $13.9 million in cash on hand as of March 31.

Trump’s first-quarter fundraising figures lag behind the $30 million he raised during the first quarter of the 2020 election cycle, when he still occupied the Oval Office.

Rival hauls

Other Republicans who have announced their 2024 candidacies include Nikki Haley, a former United Nations ambassador and ex-South Carolina governor, whose campaign has said she collected $11 million in the six weeks since she launched her bid on February 15. She ended March with $7.8 million in the bank, according to her campaign.

Another South Carolinian, Republican Sen. Tim Scott — who announced a presidential exploratory committee on Wednesday, after the end of the first quarter — reported Saturday that he had nearly $22 million remaining in his Senate campaign account as of March 31. That’s money Scott could transfer directly into a presidential campaign account.

Biotech entrepreneur Vivek Ramaswamy, who declared his bid for the GOP nomination in February, loaned his campaign $10.25 million and raised about $1.2 million from contributors through March 31. He had nearly $9.4 million in cash on hand at the end of the quarter, his Federal Election Commission filing shows.

Florida Gov. Ron DeSantis, who is expected to launch a 2024 GOP presidential bid, has built a sizable war chest through his state-level fundraising committee. Friends of Ron DeSantis has more than $85 million remaining in its coffers, recent state records show.

He faces restrictions on the use of that money for a presidential bid, but it could potentially be transferred to another committee backing his candidacy.

Already, a pro-DeSantis super PAC, Never Back Down, which launched in March, has announced that it had raised $30 million as of early April. The group recently launched what its organizers say will be a seven-figure advertising buy, highlighting DeSantis’ biography and record as Florida governor.

More details about Trump’s campaign fundraising and spending will be known later Saturday when his presidential campaign committee files its first-quarter report with the FEC. Details on Trump’s fundraising after the first quarter ended on March 31 won’t be disclosed to regulators for several months.

On Friday, the former president filed his personal financial disclosure report with the FEC — offering the public a first look at his post-presidential finances. The 101-page report provided some new insights into Trump’s finances since he left office, including his social media business venture, and last year’s sale of digital trading cards known as NFTs, or non-fungible tokens.

This story has been updated with additional information.

We want to hear from you.

Have a story idea or tip? Send it to the KSL NewsRadio team here.

Politics + Government

Utah capitol clock...

Bridger Beal-Cvetko, KSL.com

These are the biggest unresolved issues as Utah lawmakers enter last week of session

The 2024 Utah Legislative Session will come to a close on March 1. Here are some of the biggest bills yet to be passed.

2 hours ago

utah lawmakers shown, a new resolution wants to address the natalie cline controversy...

Allessandra Harris

Lawmakers working to approve budget as legislative session enters last week

Lawmakers are looking to approve final budget as the legislative session enters the final week. The session ends March 1.

3 hours ago

Utah Gov. Spencer Cox, left, and President Joe Biden toast before Biden speaks to members of the Na...

Darlene Superville

Biden and Utah’s governor call for less bitterness and more bipartisanship in the nation’s politics

President Joe Biden and Utah Gov. Spencer Cox spoke at the White House during a black-tie dinner for the nation's governors.

1 day ago

Republican presidential candidate former President Donald Trump speaks at a primary election night ...

MEG KINNARD and WILL WEISSERT Associated Press

Trump wins South Carolina, easily beating Haley in her home state and closing in on GOP nomination

Donald Trump won South Carolina's Republican primary on Saturday further consolidating his path to a third straight GOP nomination.

2 days ago

pay gap...

Curt Gresseth

Why is the gender pay gap not closing?

The gender pay gap in the U.S. and Utah is not closing. A Utah financial planner details the impact that wage shortfall can have on a women workers over a career.

3 days ago

jeff hunt speaks to a class about public access to government...

Amanda Dickson

The public would have less access to government records under proposed law

A bill that tackles public access to government comes after state AG Sean Reyes denied KSL access to his daily calendar.

3 days ago

Sponsored Articles

Mother and cute toddler child in a little fancy wooden cottage, reading a book, drinking tea and en...

Visit Bear Lake

How to find the best winter lodging in Bear Lake, Utah

Winter lodging in Bear Lake can be more limited than in the summer, but with some careful planning you can easily book your next winter trip.

Happy family in winter clothing at the ski resort, winter time, watching at mountains in front of t...

Visit Bear Lake

Ski more for less: Affordable ski resorts near Bear Lake, Utah

Plan your perfect ski getaway in Bear Lake this winter, with pristine slopes, affordable tickets, and breathtaking scenery.

front of the Butch Cassidy museum with a man in a cowboy hat standing in the doorway...

Bear Lake Convention and Visitors Bureau

Looking Back: The History of Bear Lake

The history of Bear Lake is full of fascinating stories. At over 250,000 years old, the lake has seen generations of people visit its shores.

silhouette of a family looking over a lake with a bird in the top corner flying...

Bear Lake Convention and Visitors Bureau

8 Fun Activities To Do in Bear Lake Without Getting in the Water

Bear Lake offers plenty of activities for the whole family to enjoy without having to get in the water. Catch 8 of our favorite activities.

Wellsville Mountains in the spring with a pond in the foreground...

Wasatch Property Management

Advantages of Renting Over Owning a Home

Renting allows you to enjoy luxury amenities and low maintenance without the long-term commitment and responsibilities of owning a home.

Clouds over a red rock vista in Hurricane, Utah...

Wasatch Property Management

Why Southern Utah is a Retirement Paradise

Retirement in southern Utah offers plenty of cultural and recreational opportunities. Find out all that this region has to offer.

Trump campaign says it saw surge in donations after indictment