The nomination of Donald Trump, a businessman, is a sign of the times for the Republicans.
According to a recently-released list of the top campaign contributions from organizations by the Center for Responsive Politics, corporations form a sizeable chunk of political donors to the Grand Old Party. The list offers a couple of surprises and contrary perspectives.
For example, most campaign finance rhetoric in mainstream media tends to focus on the Republicans. However, as the list shows, Democrats are ahead of the GOP in the contribution game by almost a billion dollars. Further, Democratic presidential candidate Hilary Clinton has trounced Trump's fundraising efforts, according to recent SEC filings.
Only fifteen of the top 100 campaign donors identify as solidly Republican and conservative, compared to 32 such Democrat donors. (See also: The Biggest Donors to the GOP.)
However, Republicans score big in the number of organizations that lean toward their free market and conservative ideology. Based on the share of their contributions to their respective political parties, there are 15 such organizations in the country. As opposed to only six for Democrats.
Sheldon Adelson, the billionaire founder of Las Vegas Sands, is the single biggest donor to the Republican and conservative cause. Apart from donating through his outfit, Adelson also uses Adelson Clinic, a not-for-profit clinic for drug abuse treatment run by his wife Dr. Miriam Adelson, to donate freely to the Republicans. This year he has said that he is planning to spend more than $100 million to get presumptive Republican nominee Donald Trump elected.
The remaining funds in the Republican coffers come from an assortment of corporates that range from stalwarts in the banking industry to Koch Industries (which has interests across numerous industries) to industry giants, such as General Electric Corp. and Honeywell International.
With the exception of Koch Industries (which donates 95% of its total campaign contributions to the Republican cause), most corporations have split their loyalty between parties. For example, JP Morgan Chase & Co. (JPM) and Citigroup Inc. (C) both donated 48% and 52% to Democrats and Republicans, respectively. Bank of America Corp (BAC) is the most far-right with 41% of its contributions going to Democrats and 59% to Republicans.