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Subscribe to RSSFailed GOP presidential candidate Jon Huntsman Jr.'s billionaire father, Jon Sr., provided 70 percent of the $2.68 million collected by the Our Destiny PAC, according to a report filed Tuesday with the Federal Election Commission. NBC News National Investigative Correspondent Michael Isikoff reports.
By Bill Dedman, msnbc.com, and Lisa Riordan Seville, NBC News
A Super PAC supporting Jon Huntsman Jr., the former candidate in the Republican presidential primary, has filed its annual report of donors, showing that the candidate's father provided 70 percent of its support.
Jon Huntsman Sr., who founded chemical company Huntsman Corp., gave $1,887,040 to the Our Destiny PAC in the last quarter of 2011.
Our Destiny PAC showed 2,680,560 in receipts during 2011. Other money may have come in during the first month of 2012, not yet reported.
Other top donors included:
- Peter Arnott, Research Affiliates, $250,000
- C. Boyden Gray, attorney, $50,000
- Craig McCaw and Susan McCaw (McCaw Cellular), $75,000
- William E. Oberndorf, SPO Partners, $50,000
- James R. Swartz, Accel Management Co., $100,000
- Nicholas F. Taubman, Mozart Investments, $50,000
- Christy R. Walton, Wal-Mart heir and philanthropist, $50,000
- Jim Walton, Wal-Mart heir and Arvest Bank chairman, $100,000
Susan McCaw is a former U.S. ambassador to Austria. Craig McCaw is the founder of McCaw Cellular, a mobile phone company now a part of AT&T. McCaw had a net worth of about $1.6 billion as of September, according to Forbes.
The candidate's full report is here.
Failed GOP presidential candidate Jon Huntsman Jr.'s billionaire father, Jon Sr., provided 70 percent of the $2.68 million collected by the Our Destiny PAC, according to a report filed Tuesday with the Federal Election Commission. NBC News National Investigative Correspondent Michael Isikoff reports.
Tuesday is the day for the so-called Super PACS to file an annual report of donors. NBC News and msnbc.com will be scouring the filings, and posting details. We'll have updates on msnbc.com, and could always use your help identifying the economic and political interests behind the names.
The political action committees must disclose by midnight tonight who gave them money, and how much they spent to support or oppose candidates in the presidential race, including the Republican candidates and President Obama as well.
The official deadline for filing is midnight ET (12 a.m. Wednesday), so reports may trickle in. And it wouldn't surprise us if some campaigns file late tonight as attention is focused on voting results in the Florida Republican primary.
Super PACS are known to the Federal Election Commission as independent committees, because they are forbidden to coordinate their activities with campaigns. Outside the limits of campaign finance laws, Super PACs may raise unlimited sums of money from corporations, unions, associations and individuals. They can use that money to advocate for or against political candidates.
Read more about the reports filed Tuesday:
After TV cameras leave, Romney PAC discloses $18 million
Spielberg, labor union are big backers of Obama Super PAC
Perry PAC's $1 million donor got help with nuclear waste dump
Major GOP Super PAC raised $51 million in 2011
Not 'Desperate' for cash: Obama lists his big fundraisers
Colbert Super PAC raises $1 million; non-satirical PACs to follow