Monday, July 23, 2012

War Chest 2012: Reuters Points to Frank VanderSloot As Key Contributor to Romney Campaign

Posted By on Mon, Jul 23, 2012 at 1:16 PM

Editor's note: Citydesk will be regularly tracking campaign war chests, local and national, as we follow donations to candidates for the White House, U.S. Congress and the Idaho Statehouse.

Idaho billionaire Frank VanderSloot has made the short list of Reuters' new analysis of wealthy Americans fueling the race to the White House.

VanderSloot, nutritional and cosmetics company Melaleuca and its subsidiaries have officially donated $1.1 million to the Restore Our Future political action committee, which also serves as one of GOP presidential contender Mitt Romney's national finance co-chairs.

VanderSloot has also donated manpower to Romney's campaign, granting a paid leave to Melaleuca Vice President of Corporate Relations Damond Watkins to assist the Romney campaign.

“Normally, individual campaign donations are capped at $2,500,” said Watkins. “But when Mitt Romney became the presumptive GOP nominee, his campaign became a father, of sorts, to multiple accounts. Now, donations can be as high as $75,000 a person.”

To date, Restore Our Future has pumped more than $81 million into the Romney campaign.

But President Barack Obama isn't short of his fat cats either.

The Priorities USA Action PAC includes $1 million-plus donations from DreamWorks CEO Jeffrey Katzenberg, comedian Bill Maher and actor Morgan Freeman.

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