Business Politics

Democratic Party Contributors

A number of large businesses have been doling out big shares of campaign contributions to Democrats every year. According to most corporations, they give political donations to particular candidates who support their businesses, regardless of any affiliation to a party. However, some would also donate money to individuals or parties that they think will hold the greater power.

In the 2001 to 2005 election cycle, the biggest contributor was the Saban Capital Group, founded by Haim Saban, who also founded Fox Family Group. The company donated $10.8 million to the Democrats and $1.1 million to the Democratic Congressional Campaign Committee, which was the largest donation from a single source during that time. The second largest contributor for the cycle was Fred Eychaner who owns Newsweb Corp. and donated $7.39 million, followed by Steve Bing of Shangri-La Entertainment who donated $6.7 million.

In the 2005 to 2006 election cycle, the companies with the largest contribution were Hill Wallack and Jonathan Rose & Co. with $100,000 donation each and Bain Capital with a contribution of $53,400.

Below are lists of companies that have given large amounts to the Democratic Party and its affiliate committees as provided by the Center for Responsive Politics.

Companies that are major contributors to the Democratic Party for the 2008 election cycle include:

Goldman Sachs - $827,700
JPMorgan Chase & Co - $296,744
Bain Capital - $293,200
Renaissance Technologies - $291,000
Akt Development - $283,200
Weitz & Luxenberg - $277,650

Companies that are major contributors to the Democratic Senatorial Committee for the 2008 election cycle include:

Goldman Sachs - $325,800
Weitz & Luxenberg - $277,400
Renaissance Technologies - $227,500
Fortress Investment Group - $171,000
JP Morgan Chase & Co. - $167,654
Cooney & Conway - $160,000
Cooperfund Inc. - $137,900
JC Flowers & Co. - $135,000
Cantor Fitzgerald LP - $122,500
DE Shaw & Co. - $121,500

Companies that are major contributors to the Democratic National Committee for the 2008 election cycle include:

Goldman Sachs - $412,250
Alliance Coal - $136,000
Bain Capital - $124,000
Deutsche Bank AG - $118,000
Waters & Kraus - $102,500
Soros Fund Management - $86,350
DE Shaw & Co - $83,700
Lehman Brothers - $74,000
JP Morgan Chase & Co - $66,240