Looks like the new kid on the block is doing okay in the fundraising department. Sen. Barack Obama's campaign announced that he's raised at least $25 million for his presidential campaign in the first quarter of the year, putting him just shy of Sen. Hillary Clinton, the Democratic frontrunner, who made a splash with her announcement Sunday that she had drawn a record-breaking $26 million.
Obama appears to have surpassed Clinton in several ways: He reported donations from 100,000 people, double the 50,000 people who gave to the New York senator's campaign. He raised $6.9 million through donations over the Internet, more than the $4.2 million that Clinton raised online.
After selling the firm, he started the Gill Foundation, which has invested $110 million nationwide in gay causes over the past decade. The Gill Action Fund threw $15 million into a dozen states during the 2006 midterm elections, targeting 70 politicians regarded as unhelpful to gay causes: 50 went down. And the fund is helping transform the political face of Colorado.
Impatient with the lack of gay rights progress this past decade, Gill is pushing hard to end injustice and inequality by the end of the next decade. And recognizing that most anti-gay initiatives are born at the state level, Gill has developed a national political strategy based on successes in Colorado. "They've taken an in-state model and applied it to the entire country," says Denver political analyst Floyd Ciruli. "Gill [and his people are] incredibly strategic. They simply don't waste money. They put their funding where they can take control of legislatures." ... They're taking significant contributions and putting them brilliantly in legislative environments where a few seats changing will change the entire control of a state."