Fueled by Small Donations, Donald Trump Makes Up Major Financial Ground, New York Times,
Supporters reciting the Pledge of Allegiance at a Donald J. Trump rally in Ashburn, Va., on Tuesday. Credit Chet Strange for The New York Times
Donald J. Trump all but erased his enormous fund-raising deficit against Hillary Clinton in the span of just two months, according to figures released by his campaign on Tuesday, converting the passion of his core followers into a flood of small donations on a scale rarely seen in national politics.
The figures mark a major achievement in Mr. Trump’s campaign, which until recent months was largely funded by a trickle of hat and T-shirt sales and by Mr. Trump’s wallet. And they suggest Mr. Trump has the potential to be the first Republican nominee whose campaign could be financed chiefly by grass-roots supporters pitching in $10 or $25 apiece, echoing the unprecedented success of Senator Bernie Sanders of Vermont during the Democratic presidential primary.
Exact figures — including a precise breakdown of total cash raised in small increments by each candidate — will not be available until Mr. Trump and Mrs. Clinton file their formal monthly reports with the Federal Election Commission this month. And Mr. Trump’s surge is coming very late in the campaign, at a point where advertising rates climb and the chance to invest in a long-term digital and campaign infrastructure is long past.
But the campaign’s figures suggest that after months of dithering and false starts, Mr. Trump has begun to exploit an opportunity that many Republicans have long viewed as his for the taking: marrying his powerful credibility among grass-roots Republicans with the high-tech tools of large-scale digital fund-raising. During July 2012, for example, Mitt Romney and the Republican National Committee reported raising a total of just $19 million from contributions of less than $200.



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