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"In light of today's news reports on Mr. Giannis, Alexi For Illinois and the dormant state campaign, Citizens For Giannoulias, will immediately donate any and all contributions received from these individuals to a number of local nonprofit organizations," the Giannoulias campaign said in a statement.
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With his exit, the campaign must refund any contributions received specifically in support of the general election, since he did not make it that far.
Clearly, it is not as simple as comparing the benefits paid with contributions received each year.
Section 12-130 states: "Contributions received by a candidate or a political committee may be expended for any lawful purpose.
As he prepared to dissolve the Paramount Center for the Arts, he said, he was returning contributions received after the closing.
A total of $26 million has been paid out so far in matching funds -- $4 for each $1 in small contributions received from residents.
Much of the money for the fund has been raised through direct mail appeals, and 96percentt of the 104,000 contributions received have been $100 or less.
Hillary Rodham Clinton said yesterday that she would return $50,000 in political contributions received at a fund-raising event sponsored by a Muslim organization based in California.
Among other revelations in the new Coalition financials, for the year ended Dec. 31, 2008: –The $25 million in contributions received represented a 15% drop from 2007.
Prosecutors allege Kelley misrepresented the contributions received and the expenditures made by the Friends of Chas Kelley committee.
has broken the record for the number of individual contributions received at this point during a presidential campaign, his campaign announced Sunday.
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