The report reveals that Bush's campaign received $368,000 from small donors – less than the $390,000 the candidate himself donated to his own campaign. About $228,000 came from bundlers who are registered federal lobbyists, including $36,000 raised by William Killmer of the Mortgage Bankers Association and nearly $34,000 by Dirk Van Dongen, president and lobbyist for the National Association of Wholesale Distributors.
The campaign has spent slightly more than $3 million since Bush formally announced his campaign in mid-June, primarily on operational fees. The biggest amounts of money spent by the campaign was for travel, campaign equipment, political strategy consultants and payroll. The campaign also spent around $400,000 on legal consulting fees.
Bush donated $388,720 to his own campaign for “testing the waters” activities, covering travel, legal fees, polls and consulting done before he declared his bid in mid-June. Advocates for stricter campaign finance rules have argued that the former governor skirted reporting requirements by spending months traveling and raising money for his allied super PAC, all while maintaining that he had not decided yet whether to run. Bush aides said Wednesday that his donation to the campaign showed that he was following the rules.
"Jeb 2016’s first report affirms what we have publicly stated over the past few months — that if Governor Bush engaged in any testing-the-waters activities that they would be paid for appropriately, and that if Governor Bush decided to run for office that any testing-the-waters expenses would be reported at the required time," spokeswoman Kristy Campbell said in a statement. "In the interest of transparency, the campaign has voluntarily identified all testing-the-waters expenses as such on this first report."
All the expenditures are dated June 5 — 10 days before he announced he was running.
Matea Gold contributed to this report.