Boyd’s first campaign disclosure (PR version): $2M in self-financing, $2.3M in donations

News release from Randy Boyd campaign

 Nashville, Tenn. — Randy Boyd, Republican candidate for Governor, announced today that his first campaign finance report will show his campaign collected more than $4.3 million in total contributions from donors in all 95 Tennessee counties in just four short months of campaigning.

“I am deeply grateful for the early and generous support from so many Tennesseans,” Boyd said. “There are many ways to contribute and to help our campaign effort, but these early dollars from all 95 counties mean a lot and are a good indication of my commitment to campaign in and earn the support of every corner of our state.”

During the gubernatorial campaign’s first financial reporting period, Boyd’s report will show he raised more than $2.3 million from over 1,500 grassroots donations from March 1 to June 30 representing all 95 counties – and that he contributed another $2 million to demonstrate his own personal support for his growing statewide campaign.

Boyd said his early contribution is part of a pledge he made to his political and fundraising teams that he intends to cover all overhead and operational costs during the campaign to bank away all dollars raised from others for the voter contact and advertising funds essential to any winning campaign.

“We’ve said from the beginning that resources will not be an issue in winning this campaign, but we will not be doing it with dollars alone. No other candidate or campaign will outwork us in meeting voters where they live and in earning their trust and support as we take our grassroots campaign to every county in our state,” Boyd said.

With more than $3.5 million cash on hand at the end of the reporting period, Boyd said he was pleased by the significant progress the campaign has made while banking away crucial funds:

“When we began the campaign, we mapped out a detailed budget plan, and like any good business person likes to see, I am happy to report that expenses are below budget, and our donations are significantly above initial projections, so I am proud of our team for managing the campaign so efficiently and effectively.”

Steve Smith, Boyd’s state finance chairman, applauded both Boyd and the statewide finance team for the early success:

“It can sometimes be tough to raise money in a crowded field, but thanks to our great candidate and a strong and dedicated statewide finance team, the events we held in all three grand divisions of Tennessee were very successful, and I could not be more pleased with the progress we’re making to ensure Randy’s campaign has the resources needed to win.”

Although the Republican primary election for Governor is more than a year away, Boyd has already visited all 95 counties in the state – and has actively campaigned in 80 counties, and in most, multiple times since his announcement in March.

The fundraising report indicates that Boyd’s grassroots efforts are paying off — with his campaign raising  $1 million more from grassroots contributors than the Bill Lee or Karl Dean campaigns during the initial months of the campaign.

Boyd has also accumulated nearly 30,500 Facebook fans just since March 1, compared to 4,300 for Lee, and 10,800 for Dean — another strong indication of his growing grassroots support statewide.

To help manage and mobilize this unprecedented level of grassroots support, the Boyd campaign recently unveiled a new Randy Boyd for Governor campaign app for volunteers – now available on the campaign web site at RandyBoyd.com/GetApp/

Boyd also recently announced the endorsement of six state legislative co-chairs for his campaign, and earlier announced the endorsement of nearly two dozen East Tennessee mayors already working in support of his campaign, as well as the recent endorsement of Montgomery County Mayor Jim Durrett in Clarksville. More announcements will be rolling out soon.

A successful entrepreneur, business and philanthropic leader, Boyd is the founder and chairman of Radio Systems Corporation, which is headquartered in Knoxville. First started out of the back of Boyd’s van, the company today produces over 4,600 pet products under brand names such as Invisible Fence, PetSafe, and SportDOG, with more than 700 employees in 7 countries and annual revenues of $400 million.

Boyd previously served in Governor Bill Haslam’s cabinet as the state Commissioner of Economic and Community Development, and earlier while serving as the Governor’s Special Advisor on Higher Education was the architect of the state’s Drive to 55 workforce development initiative, and the tnAchieves and Tennessee Promise scholarship programs to help more young people go to technical or community college tuition-free.

Boyd is also owner of Boyd Sports LLC, owner of the Tennessee Smokies Baseball team, the AA affiliate of the Chicago Cubs, and the Johnson City Cardinals, a rookie league affiliate of the St. Louis Cardinals.

Boyd and his wife Jenny have been married for 32 years and have two children, Harrison and Thomas, a daughter-in-law Lindsey, and a beloved dog, Oskar.  They reside in Knoxville and are members of Erin Presbyterian Church.

Leave a Reply

Your email address will not be published. Required fields are marked *

ABOUT THIS BLOG
Former Knoxville News Sentinel capitol bureau chief Tom Humphrey writes about Tennessee politics, government, and legislative news.
Subscribe by Email
Enter your email address to subscribe to this blog and receive notifications of new posts by email.