Ted Cruz Super-PAC Has Just One Donor

But he gave a lot of money.

Jerry Mennenga/Zuma

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


A super-PAC backing Ted Cruz called Keep the Promise II just filed its campaign disclosure, and it stands rather in contrast with the filing this morning from Jeb Bush’s super-PAC. Right to Rise, the Bush-backing super-PAC, revealed a list of donors that included anonymous shell corporations, 28 former ambassadors, and hundreds of wealthy and moneyed elite from around the country, requiring this reporter to do plenty of math to determine how much came from big donors and how much came from very big donors. Keep the Promise II’s disclosure is much simpler.

One guy gave $10 million.

That’s it.

Although the super-PAC raised more money than the actual campaigns of 14 of the 20 declared major candidates, there were no other donors.

The guy’s name is Toby Neugebauer. He is the billionaire founder of a private-equity firm, and his father is Congressman Randy Neugebauer (R-Texas).

To be fair, it’s one of at least three super-PACs backing Cruz. The others have not yet filed their reports, but will likely list donors other than Neugebauer.

LET’S TALK ABOUT OPTIMISM FOR A CHANGE

Democracy and journalism are in crisis mode—and have been for a while. So how about doing something different?

Mother Jones did. We just merged with the Center for Investigative Reporting, bringing the radio show Reveal, the documentary film team CIR Studios, and Mother Jones together as one bigger, bolder investigative journalism nonprofit.

And this is the first time we’re asking you to support the new organization we’re building. In “Less Doing, More Dreading,” we lay it all out for you: why we merged, how we’re stronger together, why we’re optimistic about the work ahead, and why we need to raise the First $500,000 in online donations by June 22.

It won’t be easy. There are many exciting new things to share with you, but spoiler: Wiggle room in our budget is not among them. We can’t afford missing these goals. We need this to be a big one. Falling flat would be utterly devastating right now.

A First $500,000 donation of $500, $50, or $5 would mean the world to us—a signal that you believe in the power of independent investigative reporting like we do. And whether you can pitch in or not, we have a free Strengthen Journalism sticker for you so you can help us spread the word and make the most of this huge moment.

payment methods

LET’S TALK ABOUT OPTIMISM FOR A CHANGE

Democracy and journalism are in crisis mode—and have been for a while. So how about doing something different?

Mother Jones did. We just merged with the Center for Investigative Reporting, bringing the radio show Reveal, the documentary film team CIR Studios, and Mother Jones together as one bigger, bolder investigative journalism nonprofit.

And this is the first time we’re asking you to support the new organization we’re building. In “Less Doing, More Dreading,” we lay it all out for you: why we merged, how we’re stronger together, why we’re optimistic about the work ahead, and why we need to raise the First $500,000 in online donations by June 22.

It won’t be easy. There are many exciting new things to share with you, but spoiler: Wiggle room in our budget is not among them. We can’t afford missing these goals. We need this to be a big one. Falling flat would be utterly devastating right now.

A First $500,000 donation of $500, $50, or $5 would mean the world to us—a signal that you believe in the power of independent investigative reporting like we do. And whether you can pitch in or not, we have a free Strengthen Journalism sticker for you so you can help us spread the word and make the most of this huge moment.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate