{"id":37815,"date":"2025-11-04T17:51:05","date_gmt":"2025-11-04T17:51:05","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/37815\/"},"modified":"2025-11-04T17:51:05","modified_gmt":"2025-11-04T17:51:05","slug":"big-money-propelled-both-pro-and-anti-prop-50-campaigns","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/37815\/","title":{"rendered":"Big Money Propelled Both Pro and Anti Prop 50 Campaigns"},"content":{"rendered":"<p>The latest campaign financing reports for California\u2019s Proposition 50 campaign show $50.4 million raised to support the ballot measure and $44.3 million raised in opposition to the congressional redistricting plan.<\/p>\n<p>Most of the money raised both for and against today\u2019s ballot measure came from fewer than 20 total contributors, according to lists compiled by the state\u2019s Fair Political Practices Commission.<\/p>\n<p>The latest reporting date to the California Secretary of State before the election was Oct. 23.<\/p>\n<p>The top 10 contributors to Yes on 50, Governor Newsom\u2019s Ballot Measure Committee totaled 95% of the campaign\u2019s money.<\/p>\n<p>Topping the list were two national political action committees, the House Majority Political Action Committee for Prop 50, $16.4 million, and the Fund for Policy Reform, $10 million.<\/p>\n<p>Three of the biggest state labor unions were among the biggest contributors to the pro-Prop 50 campaign, according to a summary prepared by the Fair Political Practices Commission: the California Teachers Association, $3.9 million; the California Nurses Association, $3.3 million; the National Education Association (teachers), $3 million, and the United Brotherhood of Carpenters, $2 million. A political action committee of the Consumer Attorneys of California also contributed $2 million.<\/p>\n<p>Funds remaining from the governor\u2019s 2022 campaign contributed $2.6 million, and renowned Welsh billionaire venture capitalist Michael Moritz pitched in $2.5 million. Prominent billionaire philanthropist and Cargill heiress Gwendolyn Sontheim contributed $2 million.<\/p>\n<p>Former Google CEO Eric Schmidt and his wife Wendy Schmidt each contributed $500,000 to the pro-Prop 50 campaign.<\/p>\n<p>Nearly 75% of the money raised to defeat the redistricting plan was contributed by wealthy atomic physicist Charles Munger Jr., who had donated $32.8 million as of Oct. 23.<\/p>\n<p>After Munger, the next top eight contributors pitched in nearly $9.5 million to the anti-Prop 50 campaign.<\/p>\n<p>The Republican Party\u2019s Congressional Leadership Fund contributed $5 million to the anti-Prop 50 campaign, and the campaigns of three congressional campaign PACs also contributed: $1 million from former House Speaker Kevin McCarthy, $300,000 from Ohio Rep. Jim Jorden and $276,000 from California Rep. Ken Calvert.<\/p>\n<p>\u00a0<\/p>\n<p class=\"author-bio\">Three decades of journalism experience, as a writer and editor with Gannett, Knight-Ridder and Lee newspapers, as a business journal editor and publisher and as a weekly newspaper editor in Scotts Valley and Gilroy; with the Weeklys group since 2017. Recipient of several first-place writing and editing awards, California News Publishers Association.<\/p>\n","protected":false},"excerpt":{"rendered":"The latest campaign financing reports for California\u2019s Proposition 50 campaign show $50.4 million raised to support the ballot&hellip;\n","protected":false},"author":2,"featured_media":37816,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[7,26275,23599,26276,18734,1752,11234,1751,26277,26278,14624,5037,6974,83,26279,2803,1362,1361,991,1748,88,90,89,26280,3797],"class_list":["post-37815","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-jose","tag-california","tag-campaign-contributions","tag-campaign-spending","tag-carpenters","tag-charles-munger","tag-congress","tag-congressional-districts","tag-democrats","tag-eric-schmidt","tag-fair-political-practices-commission","tag-google","tag-gov-gavin-newsom","tag-labor-unions","tag-nurses","tag-political-action-committees","tag-president-donald-trump","tag-prop-50","tag-proposition-50","tag-redistricting","tag-republicans","tag-san-jose","tag-san-jose-headlines","tag-san-jose-news","tag-sequoia-capital","tag-teachers"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/37815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=37815"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/37815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/37816"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=37815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=37815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=37815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}