Saturday, August 01, 2009

Liberals Pull Even

It's objectively remarkable, when you think about it. It was only a few months ago that the Conservatives were outraising the Liberals by an order of 4 or 5 to 1, a dynamic which went on quarter after quarter. The latest fundraising numbers shows the Liberals essentially tied with the Conservatives, which is far above the most optimistic projections, in terms of timeframe. Here are the second quarter numbers, 2008 in brackets:
Cons 3,957,662.18 (3,525,352.31)
35,217 contributors (33,833)

Libs 3,878,113.54 (912,378.43)
19,487 contributors (9,556)

NDP 711,269.13 (711,637.28)
11,171 contributors (11,941)

Over four times the money raised during the same period last year, a mere 80000 behind the Conservative juggernaut. In terms of contributors, still a noticeable gap, but the Liberals have more than doubled their fundraising "base". It should be noted, that the new database the Liberals invested in only has partial impact this quarter (it wasn't until May that the database was even launched, never mind implemented). I would suspect this quarter and beyond, between this initiative and the aggressive membership drive, the donor numbers will improve further. That point aside, I think if you told Liberals at the beginning of this year that they would double their donors in a mere six months, there might have been some scepticism.

The NDP numbers are virtually unchanged, a slight improvement over last quarter. Still, with the Liberals no longer in the same range, the NDP figures look smaller by comparison. So far this year, NDP fundraising is down around 450000 compared to last year, a significant sum percentage wise. Conservative fundraising is steady, relative to last year. Liberals up about 4 million.

13 comments:

C. Montgomery Burns said...

Excellent..

Marie said...

A big chunk of the Lib funds came from the convention fees in May and several large fundraising dinners with big price tags.

So , still too much reliance on the big money players.

Still need lots more small grassroots supporter donations like the 25 bucks per month all year.

Steve V said...

I'm not sure the convention was much of a factor. As for big money fundraisers, that's called politics. Our donors are more than doubled, so you still can see a grassroots uptick. I know for a fact that the Victory Fund, small donations, are on an impressive upward curve. It's a bit of everything.

Marie said...

Not sure how many people attended the May coronation, er convention but the attendees constirubtion as per elections Canada guidelines was $700 each.

Two or three large fundraising dinners at approx. $500 each.

Pretty good numbers for raising money - but sustainable?

Also, was some of this money earmarked to help pay off leadership debts? Dion still owes $700,000 or so and several others are still in the red.

Steve V said...

Marie

Anybody who tries to find fault with these numbers, I just laugh to be honest.

Anonymous said...

Marie is all over the place these days. I can write her posts for her if she needs a ghost-writer ;). I got the jist and format after the first reading . . . now I can't escape them.

Anonymous said...

What about cash on hand? How much do the parties have in the bank?

CuriosityCat said...

Great progress! We need to set as a target twice as many individual donors as the Tories have (say, 75,000), and a date for achieving that target (say, by the end of 2010).

And that should just be the beginning ... think of the outreach which the Democrats have achieved under Howard Dean and President Obama. A good target would be say 10% of their donor base (given we are 10% the size of USA).

croghan27 said...

Curiosity Cat ...
"A good target would be say 10% of their donor base (given we are 10% the size of USA)."

you have not been watching Bill O'Reilly .... the US is 10 times bigger, but that means they have 10 times as many po'folks and 10 times as many people that do not contribute.

Anthony said...

As for those 500$ a plate fundraising dinners, the one in Montreal was a fundraiser with all proceeds going to the Liberal Association of Chambly, not and I repeat NOT to the Liberal Party.

The 150$ shindig the Tories had in Montreal had all proceeds going to the Tory Association of Westmount Ville-Marie or Laurier Saint-Marie, I can't really remember which of the two it was.

That means the 550 000$ raised at the leaders dinner in MTL does not appear in these figures. Riding fundraising figures are released sometime in April and are released once a year.

CuriosityCat said...

Ah, yes - I stand corrected: I had forgotten the new math known as O'Reillyrithmetic ...

A bit like Harper's 'no recession really' economics ...

Thanks for the correction!

Steve V said...

That's interesting Anthony, I just assumed it was part of the total.

Ted Betts said...

Another important tidbit from this is that Conservatives, while still donating in far greater numbers than the Liberals, are nevertheless donating LESS than the same quarter last year. For the second quarter in a row, the number of Conservative donors has dropped quite noticeably (3000 this quarter and 5000 last quarter) and their aggregate dollars have dropped accordingly. This despite the launch of the personal attack ads on Iggy's patriotism and the follow-up fundraising campaign.