Ready PAC
| Ready PAC (formerly Ready for Hillary) | |
 | |
| Basic facts | |
| Location: | Washington D.C. metro area |
| Type: | Hybrid PAC |
| Affiliation: | Democrat |
| Founder(s): | Adam Parkhomenko and Allida Black, Co-founders |
| Year founded: | 2013 |
Ready PAC is a hybrid PAC that was founded to support Hillary Clinton's 2016 presidential campaign. The organization was formerly known as Ready for Hillary. The PAC changed its name after Clinton announced her 2016 candidacy for president in April 2015.
The group was founded in 2013 with the intent of urging Clinton to run for president.
Ready for Hillary
The hybrid PAC was launched on January 22, 2013, by Adam Parkhomenko and Allida Black.[1] Two former Obama campaign aides, Mitch Stewart and Jeremy Bird, joined the team in July 2013 to coordinate the grassroots campaign for the super PAC.[2]
The group also recruited help from a number of veterans from Hillary and Bill Clinton’s political operations, including former Bill Clinton strategist Harold Ickes, former Clinton White House political director Craig Smith, and former Hillary Clinton campaign lawyer Jim Lamb. Longtime Clinton ally James Carville also helped to solicit contributions for the super PAC early on in the effort.[3][4][5]
Work
2014
The super PAC mobilized supporters to help Democrats in Senate, gubernatorial, and House races in 2014.[6] The group made donations to multiple state Democratic parties. The state parties receiving more than $10,000 from Ready for Hillary were the Democratic parties of Iowa, New Hampshire, Arkansas, and Delaware.[7]
2013
- See also: Virginia gubernatorial election, 2013
The first endorsement was for Virginia Democratic gubernatorial candidate Terry McAuliffe.[6] Parkhomenko stated, “We have identified a large group of Hillary supporters in Virginia. There's a very important election this November, and we're absolutely going to make sure our supporters are aware of that election. Any way our organization can help, within the legal limits, is something we'll do."[6]
Supporters
In 2013 and 2014, prior to Clinton's official campaign announcement, the following figures appeared at events or fundraisers with Ready for Hillary:
- Sen. Claire McCaskill (D-Mo.)[8]
- Sen. Tim Kaine (D-Va.)[9]
- Sen. Mark Warner (D-Va.)[10]
- Sen. Debbie Stabenow (D-Mich.)[11]
- Rep. Joaquin Castro (D-Texas)[12]
- Former Gov. Jon Corzine (D-N.J.)[13]
National Finance Council
George Soros joined the organization's national finance council as the co-chair after donating $25,000 to the group on October 24, 2013. The position required a donation of at least $25,000. Other members included Steve Mostyn—a Houston-based lawyer and Obama donor—and Susie Tompkins Buell—Democratic donor and founder of the Esprit clothing brand.[14]
Ready PAC
After Ready for Hillary changed its name to Ready PAC, the organization no longer maintained a website.
According to the Federal Election Commission, Ready PAC is classified as a hybrid PAC. The FEC defines a hybrid PAC in the following terms:[15]
| “ | A political committee that maintains one bank account for making contributions in connection with federal elections and a separate 'non-contribution account' for making independent expenditures. The first account is subject to all of the limits and prohibitions of the Act, but the non-contribution account may accept unlimited contributions from individuals, corporations, labor organizations and other political committees. The committee must register with the FEC and report all receipts and disbursements for both accounts.[16] | ” |
Finances
The following table identifies total federal receipts and disbursements for Ready PAC according to reports filed with the Federal Election Commission:
| Annual federal receipts and disbursements for Ready PAC, 2013-2016 | ||
|---|---|---|
| Year | Total receipts | Total disbursements |
| 2016[17] | $156,389 | $187,064 |
| 2015[18] | $3,465,425 | $3,828,467 |
| 2014[19] | $8,900,937 | $9,251,752 |
| 2013[20] | $4,012,796 | $3,263,528 |
Legal status
Ready PAC is a hybrid PAC, or Carey committee, a type of political committee that maintains two separate bank accounts, one for candidate contributions and one—called a "non-contribution account"—for independent expenditures. As of June 2017, the FEC's website noted, "The first account is subject to all of the limits and prohibitions of the Act, but the non-contribution account may accept unlimited contributions from individuals, corporations, labor organizations and other political committees."[21]
Media
Recent news
The link below is to the most recent stories in a Google news search for the terms Ready for Hillary or Ready PAC. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
See also
Footnotes
- ↑ The Wall Street Journal, "Rules Mean End of the Road for ‘Ready for Hillary’," April 12, 2016
- ↑ The Hill, "Former Obama campaign aides join ‘Ready for Hillary’ draft effort," July 10, 2013
- ↑ NPR, "'Ready For Hillary': Clinton's Campaign-In-Waiting," April 22, 2014
- ↑ The New York Times, "Job at Hillary Clinton’s ‘Super PAC’ Didn’t Assure a Campaign Post," July 17, 2015
- ↑ The Washington Post, "New pro-Hillary Clinton super PAC attracts donors and worries," June 21, 2013
- ↑ 6.0 6.1 6.2 The Hill, "Ready for Hillary prepares to aid Clinton's down-ballot allies," accessed September 2, 2013
- ↑ Open Secrets, "Ready for Hillary," accessed October 20, 2014
- ↑ Washington Post, "McCaskill endorses effort to draft Hillary Clinton," June 18, 2013
- ↑ Talking Points Memo, "'Ready For Hillary' Gets One Of Its Biggest Endorsements Yet," May 3, 2014
- ↑ The Hill, "Warner to fundraise for Ready for Hillary," July 16, 2014
- ↑ CNN, "Stabenow: Why I'm Ready for Hillary," May 22, 2014
- ↑ The Hill, "Joaquin Castro endorses Hillary Clinton," September 9, 2014
- ↑ CNN, "Embattled Jon Corzine to host Ready for Hillary Hamptons fundraiser," August 7, 2014
- ↑ USA Today, "George Soros backs pro-Hillary Clinton super PAC," October 24, 2013
- ↑ FEC, "Candidate Terminology," accessed January 8, 2016
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Federal Election Commission, "Ready PAC Year-End Report, 2016," January 30, 2017
- ↑ Federal Election Commission, "Ready PAC Year-End Report, 2015," June 1, 2016
- ↑ Federal Election Commission, "Ready PAC Year-End Report, 2014," July 31, 2015
- ↑ Federal Election Commission, "Ready for Hillary Year-End Report, 2013," September 2, 2014
- ↑ Federal Election Commission, "Candidate Terminology," accessed January 8, 2016
| ||||||||||
