MONEY MATTERS: Fundraising can make or break a presidential campaign — here’s how every 2020 Democrat is doing after the election’s second major deadline

  • The second fundraising quarter of 2019 ended on June 30, and 2020 Democratic presidential candidates have reported their second major fundraising hauls.
  • The 21 major Democrats running for president are fiercely competing for donations in order to rise to the front of the race in one of the most crowded fields in recent history.
  • Mayor Pete Buttigieg led the pack with $24.8 million raised in Q2, followed by former VP Joe Biden with $21.5 million, Sen. Elizabeth Warren with $19.1 million, and Sen. Bernie Sanders with $18.2 million.
  • By comparison, President Donald Trump raised $54 million for his re-election campaign in 2019’s second quarter with an additional $51 million raised for his campaign by the Republican National Committee.
  • Visit Business Insider’s homepage for more stories.

The second fundraising quarter of 2019 ended on June 30, and most 2020 Democratic presidential candidates have reported how much they’ve brought in.

There are currently 21 major Democrats in the 2020 primary field – and they’re fiercely competing for donations in order to rise to the front of the pack in one of the most crowded fields in recent history.

Almost all of the Democratic contenders have pledged to run grassroots campaigns, with many rejecting donations from corporate PACs, federal lobbyists, and fossil fuel companies. Sen. Elizabeth Warren even went as far as to completely swear off high-dollar private fundraisers altogether.

Read more: Bernie Sanders was outraised by Mayor Pete Buttigieg by almost $7 million in the second quarter

The Democratic National Committee raised the fundraising stakes even more by requiring 2020 Democrats to reach 2% in four national polls and secure 130,000 individual donations from donors in at least 20 states to qualify for the next round of Democratic primary debates in September and October.

Mayor Pete Buttigieg led the pack with $24.8 million raised in Q2, followed by former VP Joe Biden with $21.5 million, Sen. Elizabeth Warren with $19.1 million, and Sen. Bernie Sanders with $18.2 million.

Here are all the 2020 candidates who have announced their second-quarter fundraising, much they’ve raised, and how much cash they have in their campaign coffers:


Former Rep. John Delaney of Maryland raised $212,882 in 2019’s second quarter, loaning and giving his campaign an additional $7.8 million of his own money. He has $7.4 million cash on hand.

Source: Federal Election Commission

Read more about John Delaney’s campaign.


Rep. Tim Ryan of Ohio, who entered the race in early April, reported raising $890,000 in 2019’s second quarter and has $335,000 cash-on-hand.

Source: Federal Election Commission

Read more about Tim Ryan’s campaign.


Mayor Bill de Blasio of New York City announced raising $1.1 million since launching his campaign on May 16 with $728,000 cash on hand.

source
Lucas Jackson/Reuters

Source: NBC News

Read more about Bill de Blasio’s campaign.


Former Governor John Hickenlooper of Colorado raised $1.1 million in 2019’s second quarter, and has $836,000 cash on hand.

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John Hickenlooper speaking at the NAN Conference on April 5, 2019 in New York City.
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Hollis Johnson/Business Insider

Source: Federal Election Commission

Read more about John Hickenlooper’s campaign.


Congressman Seth Moulton raised $1.3 million in Q2, and transferred about $684,000 from his House campaign account. He has $724,000 cash on hand.

Source: Federal Election Commission

Read more about Seth Moulton’s campaign.


Self-help author and spiritual guru Marianne Williamson, a close friend of Oprah Winfrey, brought in $1.5 million in Q2 and has $548,000 cash on hand.

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Marianne Williamson debating on June 27
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Drew Angerer/Getty Images

Source: Federal Election Commission

Read more about Marianne Williamson’s campaign.


Rep. Tulsi Gabbard of Hawaii raised $1.6 million in 2019’s second quarter and has $2.4 million cash on hand.

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Rep. Tulsi Gabbard.
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Drew Angerer/Getty Images

Source: Federal Election Commission

Read more about Tulsi Gabbard’s campaign.


Governor Steve Bullock of Montana announced raising $2.1 million from his campaign launch on May 5 to June 30. He has $1.5 million cash on hand.

Source: CNN

Read more about Steve Bullock’s campaign.


Sen. Kirsten Gillibrand of New York announced raising $2.3 million in 2019’s second quarter, slightly less than the $2.97 million she raised in Q1. Thanks to transfers from her Senate account, she has $8.2 million cash on hand.

Source: Zach Montellaro/Politico

Read more about Kirsten Gillibrand’s campaign.


Former San Antonio Mayor and US Housing and Urban Development Secretary Julian Castro announced raising $2.8 million in Q2 with $1.1 million cash-on-hand.

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Democratic presidential hopeful former US Secretary of Housing and Urban Development Julian Castro.
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AFP/Jim Watson via Getty Images

Source: Federal Election Commission

Read more about Julian Castro’s campaign.


Sen. Michael Bennet of Colorado reported raising $2.8 million since launching his presidential campaign in early May, and transferred about $700,000 from his Senate account. He has $2.2 million cash on hand.

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Sen. Michael Bennet
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Scott Olson/Getty Images

Source: Federal Election Commission

Read more about Michael Bennet’s campaign.


Entrepreneur and long-shot presidential candidate Andrew Yang reported raising $2.8 million in 2019’s second quarter, and has $848,000 cash on hand.

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Andrew Yang.
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Hollis Johnson/Business Insider

Source: Federal Election Commission

Read more about Andrew Yang’s campaign.


Governor Jay Inslee announced raising $3.1 million from 96,400 donors in 2019’s second quarter with $1.2 million cash on hand.

Source: Federal Election Commission

Read more about Jay Inslee’s campaign.


Former Texas Congressman Beto O’Rourke only raised $3.6 million in Q2, a significant decrease from the $9.4 million he raised in the first 18 days of his campaign. He has $5.2 million cash on hand.

Source: Federal Election Commission

Read more about Beto O’Rourke’s campaign.


Sen. Amy Klobuchar raised $3.9 million in Q2, and has $6.7 million cash on hand.

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Democratic 2020 U.S. presidential candidate and U.S. Senator Amy Klobuchar.
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Reuters/Jim Young

Source: Federal Election Commission

Read more about Amy Klobuchar’s campaign.


Sen. Cory Booker raised $4.5 million in 2019’s second quarter, and has $5.4 million cash on hand.

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Cory Booker, New Jersey senator and 2020 Democratic presidential candidate.
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Randy Shropshire/Getty Images for The Human Rights Campaign

Source: Federal Election Commission

Read more about Cory Booker’s campaign.


Sen. Kamala Harris’ raised a total of $12 million in 2019’s second quarter, the same amount she raised in Q1.

Source: New York Times

Read more about Kamala Harris’ campaign.


Sen. Bernie Sanders announced bringing in $18 million in contributions in 2019’s second quarter, the same amount he raised in Q1. He also transferred $6 million from his Senate account, and has $27.3 million cash on hand.

Source: Business Insider

Read more about Bernie Sanders’ campaign.


Sen. Elizabeth Warren brought in $19.1 million from 384,000 donors in 2019’s second quarter, and has $19.8 million cash on hand thanks to transfers from her Senate account.

Sources: Business Insider, Federal Election Commission

Read more about Elizabeth Warren’s campaign.


Former Vice President Joe Biden, who launched his campaign on April 25, announced raising $21 million in 2019’s second quarter from 256,000 donors who gave an average of $49. He has $10.9 million cash on hand.

Sources: Business Insider, Federal Election Commission

Read more about Joe Biden’s campaign.


Pete Buttigieg, the 37 year-old former mayor of South, Bend Indiana, raised $7 million in 2019’s first quarter and led the pack in the second quarter, bringing in $24.8 million from 294,000 donors. He has $22.7 million cash on hand.

Sources: Federal Election Commission, Business Insider

Read more about Pete Buttigieg’s campaign


In comparison to the Democrats’ hauls, President Donald Trump’s re-election campaign announced raising $105 million in 2019’s second quarter, with Trump’s campaign committee bringing in $54 million with an additional $51 million raised by the Republican National Committee. He has $56.7 million cash on hand.

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US President Donald Trump gestures as he speaks during a Make America Great Again rally in Green Bay, Wisconsin, April 27, 2019.
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SAUL LOEB/AFP/Getty Images

Sources: Business Insider, Federal Election Commission

Read more about Donald Trump’s campaign.

Read more:

Elizabeth Warren outraised Bernie Sanders and Kamala Harris as her support surged in the 2nd quarter of 2019

Joe Biden raised $21.5 million in the 2nd quarter, but the Democratic frontrunner trails upstart Pete Buttigieg by more than $3 million

The Trump reelection campaign’s monster fundraising numbers should scare Democrats