We finally know which companies donated towards this year’s Republican primary convention in Ohio and which refused.
On 19 September, the Cleveland 2016 Host Committee filed a report with the Federal Election Commission that lists all the contributions it received since 2014. The convention was plagued with funding issues this year since companies like Apple (AAPL) and Hewlett Packard (HPQ) pulled out saying they could not support a Donald Trump presidency. David Koch, who was a major backer of the Republican party during the last cycle, said he would not fund the convention this year because of Trump being the presumptive candidate.Trump earned the title in early May, and the convention was held in July. Firms that donated the last cycle and did not this time around include JPMorgan Chase, Wells Fargo and UPS.
Politico reported that organizers approached billionaire Sheldon Adelson for a donation and we can confirm that Adelson did in fact give generously. The Las Vegas Sands CEO, who gave $1.5 million, was the biggest private donor this year. In total, the committee received $67 million in contributions, $18 million less than the Democratic host committee. (See also, Democratic National Convention 2016 Donor's Names Released )
The largest donation made in-kind was software and software licensing worth $1.8 million provided by Microsoft Corporation (MSFT). Facebook (FB) donated $1 million, most of it in July, despite Mark Zuckerberg's negative remarks about Trump.
Other notable corporate donors are below. Considering the controversy surrounding funding this year, we have included dates to allow readers to judge if companies knew who the presumptive candidate was at the time the donation was made.:
Bank of America (BAC) $1 million - 13 July 2016
Facebook $1 million - 21 Jan 2016, 25 July 2016
Google (GOOG) $500,000 - 8 Jan 2016, 25 March 2016
Xerox Corp.(XRX) $250,000 - 19 May 2016
Twitter $250,000 - 28 June 2016
U.S. Bank $250,000 - 3 April 2015
United Airlines (UAL) $175,000 21 June, 2016, 4 September 2016
Samsung $100,000 - 19 February 2016
PWC $100,000 - 18 June 2015
Dow Chemical Company (DOW) $250,000 - 28 March 2016
Morgan Stanley and Co. $75,000 - 22 July 2016
GE Lighting donated lighting worth $365,000 and Cisco (CSCO) provided telecommunication and support worth $2 million for free. AT&T provided a combination of in-kind donations and money worth more than $4 million. General Motors sponsored vehicles and Coca-Cola sponsored the soft-drinks served.
Jobs Ohio, a “non-profit private corporation” led by a retired vice chairman of Ernst and Young, gave $7 million in 2015 and $3 million this year.
The county of Cuyahoga, Ohio and the city of Cleveland, Ohio donated a total of $2 million each since 2014.
Energy company First Energy Corporation (FE) gave $1 million last year and $250,000 this year. Petroleum company Pilot Corp. gave $1 million in 2015. Oil and gas industry trade association, the American Petroleum Institute, donated $1 million this year.
PNC Foundation, whose website says it grants awards to organizations that focus on education programs and economic development, gave $100,000 in 2015.
For a full list, visit the official FEC website.