This morning, Jeff Bezos became the first donor to the Obama Foundation’s Miami-based super PAC, Ready for Fight.
The $100 million contribution will be split between six donors, including Mr. Bezos, and the top four donors will each have their name “introduced” as the individual donor to the PAC, according to a release from the Obama Foundation.
When asked about the donation from Mr. Bezos and other donors in a Skype interview, Obama foundation chief operating officer Tim Miller said it reflected the “desire of donors across the country to unite with this terrific grass-roots effort and support … making sure that millions and millions of people are participating in the work of electing a president … that understands they are his friend.
“I think it was very, very important to them to be with us on these early trips to see first-hand what they will be doing.”
According to a release from the foundation, the six donors are using their own funds: Mr. Bezos donated $10 million, Boeing donated $10 million, PricewaterhouseCoopers gave $10 million, Motorola donated $10 million, Capital One gave $8 million and Samsung donated $8 million.
According to the release, the foundation “started the Super PAC Ready for Fight in February in order to raise money to keep putting efforts in front of electing President Obama on November 6, 2016.”
At the time, the foundation “acknowledged that this investment was difficult and would take time to pay off, but it believed that it would be the right thing to do.”
The organization did not release the names of the four top donors to Ready for Fight, though all six had also donated to another super PAC that Barack Obama created, Forward Together.
When asked if Ready for Fight could continue to be known as the Obama PAC if some of the donors changed their minds, Mr. Miller said the donors will be prominent: “We’re excited about having that imprint of many of these amazing individuals.”
But he added that many of the top donors to the Obama PAC — who he said were contributing from their personal funds — would also not have any direct involvement with the super PAC that uses their names.
“We’re choosing to roll with the Uber elements here,” he said.
Ready for Fight has also received funding from existing super PACs that worked on the Obama presidential campaigns — including Priorities USA Action and American Bridge 21st Century — and has been using them to raise money and apply research to help with the first elections under the Trump administration.
Just last week, Mr. Obama called Ready for Fight the “President Obama’s Super PAC.” The same week, Mr. Miller announced that the first funds raised from Ready for Fight would be set aside to fund scholarships for students who attended college during Mr. Obama’s presidency.