Of $178,000 raised this quarter
By Josh Moniz
SOUTHERN MINNESOTA - Allen Quist saw a dramatic drop in his fundraising this quarter, according to Saturday's second quarter FEC report.
The report, which covers April 1 to June 30, shows Quist raised $178,230 during that period. However, Quist contributed $170,000, or 95 percent, of that total from his personal finances. The $8,230 in normal contributions is nearly five times less than the $37,710 he raised last quarter.
Quist said this was due to him effectively running no fundraisers that quarter, opting to focus on the Aug. 14 primary. He is running against fellow Republican candidate Mike Parry to the official Republican challenger to DFL incumbent Congressman Tim Walz this November.
"I believe it's very difficult to fundraise ahead of an endorsement, or in this case a primary," said Quist. "Since we have the financial means, we just want to have enough funds to run an effective campaign. With what we have right now, we could run all the way to the primary."
Quist's self funding is also part of pledge he made at the Republican endorsement convention last April, which failed to endorse either Quist or Parry after 14 hours and 23 ballots. Quist declared $1 million was needed to defeat Walz, and he pledged to use his personal finances to cover the amount left fundraising to get to $1 million.
Beyond his fundraising, Quist spent $47,417 this quarter, ending with $165,214 on hand. He also paid off $25,000 in loans he gave to his campaign last quarter.
Parry and Walz have not yet filed their reports, which are due today.
However, both Parry and Quist have been significantly dragging behind Walz's fundraising power. Parry and Quist's combined total raised last quarter was four times less than the $217,298 Walz raised. Only today's filings by Parry and Walz will tell if that trend is continuing.
Josh Moniz can be e-mailed at email@example.com.