UPDATE (July 4, 2014, 9:41 EST): Mayday PAC has reached its $5 million dollar goal, unlocking an additional $5 million in matching funds. Mayday PAC also has another $2 million on hand from its June fundraising efforts, giving the world’s first crowdfunded anti-corruption Super PAC more than $12 million for the upcoming 2014 midterm elections. Our response, naturally, was to celebrate by photoshopping Mayday PAC founder Lawrence Lessig’s head onto that fighter pilot president from Independence Day:
Mayday PAC, a crowdfunded Super PAC to support candidates committed to campaign finance and other anti-corruption reforms, is 95% of the way towards its $5 million July fundraising goal. There are 11 hours left in the Kickstarter-style crowdfunding campaign.
As of this posting, Mayday PAC has raised slightly over $4.75 million, most of which came in the form of small-dollar contributions. If Mayday PAC hits its $5 million goal by midnight Hawaii-Aleutian Standard Time (HST), it will receive an additional $5 million dollar match (“as long as it’s 4th of July somewhere in the Union,” explains Mayday PAC’s website).
It’s a remarkable turnaround — The effort had brought in just $2.1 million, or 46% of their target, as of less than one week ago. Mayday PAC now finds itself in the home stretch.
Mayday PAC is the brainchild of Harvard Law professor Lawrence Lessig, an outspoken advocate for campaign finance reform and author of Republic, Lost: How Money Corrupts Congress–and a Plan to Stop It (he also gives a mean TED talk). The campaign has drawn numerous high-profile supporters such as Apple co-founded Steve Wozniak and actor / direct / all around creative type Joseph Gordon-Levitt.
To learn more about Mayday PAC, or to make a pledge, visit http://mayday.us.