Senate Democratic "Super PAC" raised $1.9 million since March

WASHINGTON |
Fri Jun 1, 2012 12:01am EDT

WASHINGTON (Reuters) – Majority PAC, a “Super PAC” helping Democrats fight for seats in the U.S. Senate, raised $1.9 million in April and May, according to disclosure documents released on Thursday.

The “super” political action committee had $2.7 million left in cash on hand by May 23, the filing with the Federal Election Commission showed.

The group reports its election-related fundraising and spending once every quarter but the latest filing was required because of the Super PAC’s activity in Virginia, which holds a primary on June 12.

In the first three months of the year, Majority PAC raised $1.6 million, with $1 million of that coming from billionaire hedge fund manager James Simons. The group had $2.5 million left in cash on hand at the end of March.

Since then, the political group received $350,000 from Chicago media magnate Fred Eychaner and $100,000 from film studio Dreamworks CEO Jeffrey Katzenberg. Both Eychaner and Katzenberg have also raised at least $500,000 for President Barack Obama’s reelection effort.

Cindy Harrell-Horn gave $100,000 to the group. The Walt Disney Company announced today that Alan Horn, Harrell-Horn’s husband, had been named chairman of Walt Disney Studios, effective June 11.

Harrell-Horn also gave $100,000 to House Majority PAC, a related Super PAC helping elect Democrats to the U.S. House of Representatives. House Majority PAC disclosed the donation today as part of its latest report.

The House group was required to report because of its spending in Arizona, which holds a special election on June 12 to replace former Democratic Representative Gabrielle Giffords, who resigned after a gunshot attack last year left her critically injured.

Michael Kowalski, the CEO of luxury goods retailer Tiffany Company, businessman Eli Broad and California personal injury lawyer Will Kemp each gave $100,000 to the group.

Labor union the American Federation of Teachers gave the group $300,000 and the group received $100,000 from Women Vote,

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