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Lincoln Project reports raising $16.8 million for anti-Trump efforts

Lincoln Project reports raising $16.8 million for anti-Trump efforts
© The Lincoln Project

GOP group the Lincoln Project says it raised $16.8 million in the second quarter of 2020 as it ramps up its anti-Trump efforts ahead of the general election.

In a filing with the Federal Election Commission posted Wednesday, the group said it spent $7.2 million and has $10.8 million cash on hand. It also owes more than $263,500 in debt.

Among the organization's most prominent donors are billionaire hedge fund manager Stephen Mandel, who gave $1 million, business magnate David Geffen, who gave $100,000, and Bain Capital chairman Joshua Bekenstein, who also gave $100,000.

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The Lincoln Project was founded late last year by Republicans disaffected with President TrumpDonald TrumpVirginia GOP gubernatorial nominee acknowledges Biden was 'legitimately' elected Biden meets with DACA recipients on immigration reform Overnight Health Care: States begin lifting mask mandates after new CDC guidance | Walmart, Trader Joe's will no longer require customers to wear masks | CDC finds Pfizer, Moderna vaccines 94 percent effective in health workers MORE, including George ConwayGeorge ConwayInfluential Republicans detail call to reform party, threaten to form new one Lincoln Project forming 'transition advisory committee' amid calls to close The Hill's Morning Report - Democrats ready mammoth relief bill for 10-day sprint MORE, husband of White House counselor Kellyanne ConwayKellyanne Elizabeth ConwayPence urges 'positive' agenda to counter Biden in first speech since leaving office Kellyanne Conway joins Ohio Senate candidate's campaign Mark Zuckerberg, meet Jean-Jacques Rousseau? MORE, and GOP strategists Rick Wilson and Steve Schmidt, among me. 

The group has focused much of its efforts on rapid response advertisements bashing the Trump White House on a slate of issues, including the administration’s response to the coronavirus, which has killed more people in the U.S. than any other country and is seeing a resurgence in many states. 

Last month, the Lincoln Project released a blistering Russian-language ad offering a mock "endorsement" from Russian President Vladimir PutinVladimir Vladimirovich PutinTime for jaw-to-jaw with Moscow Hillicon Valley: Colonial pipeline is back online, but concerns remain | Uber, Lyft struggle with driver supply | Apple cuts controversial hire Menendez calls on Biden to support Armenia amid rising tensions with Azerbaijan MORE, saying that "Comrade Trump" has "once again" gotten Putin's blessing in the run-up to November's general election.

"The most important endorsement Donald Trump received in 2016 was not from your Senate Leader Mitch McConnellAddison (Mitch) Mitchell McConnellFormer OMB pick Neera Tanden to serve as senior adviser to Biden Lawmakers reach agreement on bipartisan Jan. 6 commission The Hill's Morning Report - Presented by Facebook - Masks off: CDC greenlights return to normal for vaccinated Americans MORE [R-Ky.]," the ad's English translation reads. "Donald Trump received the most important endorsement in 2016 from our great leader, Vladimir Putin."

The group’s ads are released to time with news of the day, with the Russia ad coming out just days after reports emerged on Russia offering bounties to encourage Taliban militants to kill coalition troops, including American soldiers.