Funding slows for political parley
Democratic convention hunting for big donorsBy Rick Klein, Globe Staff, 11/11/2003
In the year since Boston was awarded the 2004 Democratic National Convention, organizers have attracted only about $3 million in cash donations, including just two worth more than $250,000, according to a list of corporate sponsors posted on the host committee's website.
The list shows that fund-raising has slowed considerably since Mayor Thomas M. Menino and US Senator Edward M. Kennedy secured $20 million in private cash commitments before winning the convention. Republicans, meanwhile, have already obtained more than $60 million in pledges for their convention, which will be held in New York City.
In an interview, Menino acknowledged that organizers are having trouble drawing additional big-dollar donors, but said fund-raising is on track. Because Boston is so much smaller than New York, he said, there are far fewer deep-pocketed donors to solicit.
http://www.boston.com/news/local/massachusetts/articles/2003/11/11/funding_slows_for_political_parley/