2020 Political Fundraising Is Setting Records, Thanks To Small Donors

Despite the pandemic and recession, political fundraising in 2020 saw unprecedented levels, driven by passionate small donors and digital platforms like Actblue and WinRed. Small contributions increased significantly, with many Americans reallocating discretionary funds. Large donations remain crucial, unaffected by economic downturns.

What was the surprising trend in campaign donations during the pandemic and recession?

• A significant decrease in donations

• A record-breaking increase in donations

• No change in donation levels

• A shift towards corporate donations

What percentage of the fundraising in the 2020 election came from small donors?

• 14%

• 50%

• 22%

• 30%

Which online platform supporting Democrats received over 31 million contributions in the third quarter?

• WinRed

• GoFundMe

• Actblue

• Kickstarter

How did the pandemic affect the financial situation of some individuals, according to Ken Meyer?

• Decreased savings

• More discretionary funds

• Higher expenses

• Increased job opportunities

Why are large donations considered recession-proof?

• They are made by individuals unaffected by economic downturns

• They are tax-deductible

• They are regulated by the government

• They are primarily from international donors