Raimondo Raises $1.3M In Q1; Fung Leads Fundraising Among GOP RI Gov Candidates

Apr 30, 2018

Raimondo, shown with Commerce Secretary Stefan Pryor, during a 2016 announcement.
Credit Ian Donnis/File Photo / RIPR

Rhode Island Gov. Gina Raimondo raised $1.3 million in the first quarter of 2018, giving her a huge financial advantage over opponents as she seeks re-election.

Raimondo's campaign said she received 990 contributions "from every corner of the state, totaling more than $528,000 in the quarter."

The Democratic governor's campaign said that "both the number of Rhode Island contributions and the amount of money that Rhode Islanders contributed to Raimondo’s campaign in the quarter far exceeded Rhode Island contributions to any other candidate."

“When Governor Raimondo took office, Rhode Island had one of the highest unemployment rates in the country and now there are more people working in Rhode Island than at any time in the past ten years,” said Kate Ramstad, finance director for Gina Raimondo’s re-election campaign. “We’re making record investments to give Rhode Islanders the training and education they need to keep up and get ahead. We’re on a good path and thousands of generous Rhode Islanders chipped in this quarter because they want to see continued progress in our state.”

It was clear even ahead of Raimondo's filing that she will have ample resources to tell her story during the intensifying campaign for governor even before her balance reached $4.3 million.

Raimondo's top Democratic primary rival, Matt Brown, showed a balance of $25,000

Meanwhile, Cranston Mayor Allan Fung maintained a fundraising lead over his Republican gubernatorial candidate rivals in the first quarter of 2018.

Fung's campaign balance stands at $315,826 after he raised more than $191,000 during the first three months of the year.

Fung was first elected as mayor in 2008 and he built his statewide profile while mounting a losing campaign against Raimondo in the 2014 race for governor.

“I am very pleased to have another solid quarter in fundraising," Fung said in a statement. "With the majority of my donations coming from Rhode Islanders, it is clear my message to fix our state’s economy is resonating. People are ready for new leadership."

House Minority Leader Patricia Morgan (R-West Warwick) has a $185,053 balance. She raised about $101,000 during Q1, an amount that includes a $25,000 loan by the candidate to her campaign.

Morgan said more than 90 percent of her contributions came from Rhode Island, and that her haul for the quarter was more than three times the amount she raised during the final three months of 2017.

The third GOP candidate, businessman Giovanni Feroce, reported raising $500 during the quarter.

Republican-turned-independent Joe Trillo has said he plans to provide most of the money for his campaign. He had modest fundraising during Q1 and reported a balance of $123,068.