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Posts tagged as “fundraising”

LP Treasurer on Party Financials and Convention

Mindful that there might elsewise be complaints about the accuracy of our reporting, I shall for the most part stay with verbatim quotes from the Treasurer’s two reports.  My additions are in italics.  I made the correction requested by the Treasurer. Treasurer Todd Hagopian on LNC Finances A report in two parts, convention and other. Convention summary: Income is still…

Fundraising by Libertarian Presidential Candidates

Mapstead and ter Maat lead. These numbers are from the FEC, the most recent report deadline being late March covering spending through February. As may be seen, the candidates fall into three groups by amount of money raised. There are apparently other candidates who have not yet raised any money. Lars Mapstead $538,703.62 Michael ter Maat $206,416.71 Chase Oliver $68,284.05…

More LNC Financial Information

I was asked about cash on hand for the LNC in back years, at the end of February. These follow. These numbers all include money being held to pay for the national convention. [There are some addenda.  Todd Hagopian advises me that there is also $25,000 held in another way.] 2018 $299,980 2020 $305,939 2022 $281,537 2024 $224,471 [Addendum: +$25,000…

LNC Financials Are Poor

We have received a spreadsheet form an unimpeachable source, comparing our end-of-February 2024 data with the matching information from end-of-February, 2020.  There were five checking/savings accounts, namely two unrestricted accounts, and three restricted accounts, the restricted accounts being Convention, Building, and Legal.  The Legal account was empty. The LNC had just under $306,000 cash on hand in 2020, and over…

LNC Financial Catastrophe!

The LNC Treasurer released the January and February financial reports. Treasurer Released January Report. Convention sales $18K Other Income $91K Other expenses $114K Also February Report Convention sales — 16K$ Other income – 79 K$ Other expenses – 122K$ That’s $23K behind for January and $43K behind for February, convention income being held to pay for the convention. On the…

LNC Treasurer Calls For Emergency Financial Meeting

With a tip of the hat to Sean ‘0 for telling us about this: From: Todd Hagopian Subject: Need Emergency Meeting On Financials I would like to call for a meeting, of the entire LNC, at 8pm CST on Saturday, March 30th with the sole topic being financials and budgeting. Executive Session topics expected. Looking for co-sponsors. In a separate…

Tuniewicz Raises Financial Issues

LNC Regional Representative Mark Tuniewicz has continued to raise questions about the conduct of LNC financial affairs.  Third Party Watch was forwarded the following discussion by a highly reliable source. The following discussion did not occur on the LNC Public business list at Google, because that list has been shut down.  The LNC has moved its business discussion to a…

LNC Treasurer Proposes Budget Cuts

and a few increases. The LNC Treasurer writes on the LNC business list: “I am proposing a series of budget amendments, discussed at the last meeting, for approval as a group.” The motion was made by the National Chair and is now being voted upon. A few notes: The ballot expenses refer only to the current calendar year, where a…

The McArdle Memorandum — III — Fundraising, the Takeover, and Other LNC Issues.

The McArdle Memo — III — Fundraising, The Takeover, Third Party Watch has received a set of documents whose description matches the documents that Miguel Duque allegedly sent to the LNC. One of these was a memo from Angela McArdle to the LNC, whose retransmissal to the LNC apparently upset LNC members. We are now reprinting this memo in sections.…