comments
  • Print
  • Order Reprints
  • Share Share

Convention’s on; funding a mystery

DNC Committee won’t say whether host committee hit $36.6M

CHARLOTTE, N.C. With the Democratic National Convention entering its second day, the city’s host committee refused again Tuesday to say how much money it has raised to pay for the actual convention.

“We raised what we needed to have to host a great convention,” host committee spokeswoman Suzi Emmerling said. Details won’t be publicly released, she added, until reports are filed with the Federal Election Commission sometime in October.

When Charlotte was picked to host the Democrats’ 2012 gathering, the committee – co-chaired by Charlotte Mayor Anthony Foxx and Duke Energy CEO Jim Rogers – pledged to raise $36.6 million. That’s how much the Democratic National Convention Committee said it would need to fund the convention.

But Emmerling also declined to say whether the committee had reached that total and said she didn’t know whether funds were still being raised during convention week.

For months, news outlets citing anonymous sources have claimed that the host committee was struggling to reach its goal – mostly because of President Barack Obama’s instructions not to accept corporate cash, PAC money or individual contributions of more than $100,000.

Corporate donations denied

Corporations have bankrolled most past conventions of both parties.

On Tuesday, Emmerling denied a report by Bloomberg News that said that companies – including Bank of America and Wells Fargo – have contributed $20 million toward the cost of the Democratic National Convention itself. Bloomberg also reported that, according to sources, convention organizers turned to corporations as it struggled to reach the $36.6 million.

Emmerling said the host committee has “not violated those rules” against taking corporate cash.

She suggested the Bloomberg report conflated two different funds – one to pay for the convention and another created to promote Charlotte and pay for welcome parties for delegates and the media.

The “New American City Fund” does accept corporate cash, as the host committee acknowledged more than a year ago.

But Emmerling said those funds have not been used to pay for the convention itself, including the cost of renting and re-making Bank of America Stadium for Obama’s acceptance speech Thursday night.

Kristie Greco, spokeswoman for the Democratic National Convention Committee, which spent the money raised for the convention, would say only that “we hit our fundraising target and have the resources we need to host a successful convention.”

Funk: 704-358-5703

Hide Comments

This affects comments on all stories.

Cancel OK

The Charlotte Observer welcomes your comments on news of the day. The more voices engaged in conversation, the better for us all, but do keep it civil. Please refrain from profanity, obscenity, spam, name-calling or attacking others for their views.

Have a news tip? You can send it to a local news editor; email local@charlotteobserver.com to send us your tip - or - consider joining the Public Insight Network and become a source for The Charlotte Observer.

  Read more


Quick Job Search