New Education Money - Stand for Children Discloses Fundraising
Stand for Children shocked political observers last fall when they started giving five-figure donations to candidates for the General Assembly. Total giving from the group reached $600K through election day. Observers were left wondering, what did they want? And would they last?
Stand for Children filed their D2 for the last half of 2010 today and it makes a definitive statement. They report raising a whopping $3,486,000.00 between their September creation and the end of the year, including several six-figure donation in December from a who's who of wealthy Chicagoans.
It's worth noting that those donations came in right before contribution limits took effect, so it will be difficult for a group like Stand for Children to replenish their funds once these are spent without a significant re-tooling of their fundraising methods. But whatever they choose to do, they have more than enough in the near-term to match any donations from the teachers' unions. Neither the IEA nor the IFT has filed yet for the last half of last year, but given past trends, it appears Stand for Children will be a financial equal to their efforts.