Corporations, Wealthy Donors Give Large Amounts to Support Romney
Restore Our Future, the super PAC helping Republican candidate Mitt Romney, raised millions of dollars in May from an array of wealthy donors and corporations giving as much as $1 million, new records show.
The group raised $5 million in May and spent nearly as much on ads, leaving it with $8.4 million in cash. That does not include $10 million from casino magnate Sheldon Adelson donated in June.
Much of the super PAC’s haul last month came from a handful of corporations and wealthy contributors, including $500,000 each from Arkansas investment banker Warren Stephens and Pennsylvania medical executive Rocco Ortenzio, records show. Owners and employees at the Villages of Lake Sumter retirement community in Florida — where Romney sang a widely noted rendition of “America the Beautiful” during a campaign stop — gave the super PAC more than $400,000 in combined donations last month.