There's a lot wrong with this picture: apparently, the College Republicans national org has over $6 million in the bank, most of which comes from 'milk[ing] vulnerable senior citizens'.
They're practices and the sheer volume of money moving about is pretty awesome (I mean that in the technical, not vernacular way):
The College Republicans had another warning in September 2003, when the Center for Public Integrity, a Washington, D.C.-based watchdog group, issued a report on the explosive fund-raising growth by the College Republicans. The report noted that several elderly donors who were contacted did not appear to know to whom they had given money.Wow. I don't even know what to say about that kind of money, or operation. If it weren't conducted the way it is (which, frankly, is on par with many fundraising efforts, including Dem mailers - though nearly all I've received are from one, clearly identified organization).
Response Dynamics, its affiliates and other companies related to the fund raising get most of the money raised by the College Republicans.
About $9 million of the College Republicans' reported spending this year appeared to go into fund-raising expenses, according to a Times analysis of reports filed with the IRS.
About $313,000, roughly 3 percent, went for travel, convention expenses and "hospitality." About $210,000 went to payroll expenses, helping pay for campus organizers who have been drumming up support for the GOP ticket among young people.
The large amount of money devoted to fund raising, and the small amount for
political activities, is unusual among the top ranks of the burgeoning field of so-called 527 independent political groups.
Of the $20 million the anti-Bush group MoveOn.org spent, according to its filings, 93 percent went to media, advertising, marketing and polling.
Of the $13.7 million spent by the anti-John Kerry group Swift Boat Veterans for Truth, 90 percent went to media, advertising and media consulting. . . .
The group says it has tripled in size in recent years, with 120,000 members on 1,148 campuses.
Rove, Bush's top political strategist, spoke to College Republican leaders during the GOP Convention, and said the group's organizing was "absolutely vital to the election."
The group goes door-to-door at college dorms and fraternity and sorority houses to register voters and recruit volunteers.
The College Republicans this year got $220,000 from another GOP group, the Republican State Leadership Committee.
They also received large donations from two more-traditional political donors, businessmen John Templeton, who gave $400,000, and Carl Lindner, owner of the Cincinnati Reds, who gave $375,000.