* Small portion of Romney donors have hit contribution
* Suggests more large donations to come
* Disclosures show Romney's own, Wall Street donations
By Alina Selyukh and Alexander Cohen
WASHINGTON, July 16 Among disclosed donors
propelling fundraising for Republican presidential hopeful Mitt
Romney, fewer than 1 percent have hit the federal ceiling on
donations, suggesting cash is likely to keep pouring into his
Only 40 donors have given $75,800 -- the maximum individuals
are allowed to give before the Nov. 6 election -- to the joint
fund that Romney shares with the Republican National Committee,
according to a Reuters analysis of the fund's first campaign
finance filing submitted late on Sunday.
That is a drop in the ocean of more than 19,000 named donors
-- those who have given a total of at least $200 and so
triggered the threshold for federal disclosure. Some 2,000 of
those named donors to the Romney Victory Inc fund have given
$25,000 but can give more before hitting the limit, the analysis
Democratic President Barack Obama's campaign filings show he
is in a similar position, with very few donors having reached
the maximum contribution limit. But his finances were previously
disclosed, and his fundraising pattern has shown him less
reliant on and successful at pulling in big checks.
Joint funds allow candidates to rake in much bigger
donations than are allowed for campaigns on their own.
Romney formed his Victory fund with the RNC in April when he
first emerged as the presumed party nominee. Since then, the
fund has received $140.3 million, almost all of it from donors
giving more than $200.
Obama has seen 29 donors give the maximum amount this year
to the fund he shares with the Democratic National Committee,
out of a total of about 38,000 donors who had given at least
$200 to the fund before the end of May, according to the latest
In contrast with the prolific small-donor driven campaign
that put Obama into the White House in 2008, the 2012 race is
marked by a chase after contributors capable of five-figure
donations or more, as Democrats and Republicans are expected to
invest some $1 billion each in this year's campaigns.
Obama's total haul of $552 million so far still has him
ahead of Romney's $394 million but the Republican challenger has
drilled deep into the ranks of Wall Street and the wealthy,
where many are disgruntled by what they see as Obama's
anti-business rhetoric and policies.
That reach has aided Romney's fast-paced catch-up to Obama's
fundraising. Usually, the advantage in this area is held by an
incumbent over the presidential challenger.
The president's campaign has been sounding alarms that he
could be the first incumbent to be outspent.
And the Victory fund is one of the avenues Romney has to
make that happen. While campaigns can take only up to $5,000
from one donor, split between the primary process and the
general election, a fund used jointly with the national party
can accept up to $70,800 in addition to that.
CASH IN THE BANK
The Victory fund, holding most of Romney's cash potency, has
so far dispersed only a fraction of its money.
The Romney campaign has received $15.8 million and $53
million has been transferred to the RNC, Sunday's filing with
the Federal Election Commission showed. State Republican parties
in Vermont, Oklahoma, Massachusetts and Idaho each got $20,000.
That and money paid out mostly for travel, consulting and
payroll has left $57.7 million sitting in the fund by the end of
June, ready to be funneled to Romney's or the party's needs.
Combined with the rest of Romney's and the RNC's money at
the end of last month, the Republican had $160 million in cash
on hand, his campaign has said.
Obama, his Obama Victory Fund 2012, and the DNC have not
released their June cash on hand data but at the end of May had
a total of about $144 million in the bank.
At the end of May, 11 percent of Romney's donations had come
from those who gave $200 or less, according to analysis by the
non-partisan Campaign Finance Institute. By comparison, 41
percent of the Obama campaign's donors had given $200 or less.
WALL STREET, LOBBYIST LINKS
Romney himself and his wife, Ann, each chipped in $75,000 to
the joint fund in May. At the time, donors to the campaign saw
that as a sign that Romney, a millionaire who could self-fund as
much as he wants, was willing to put as much on the line as he
was asking of his donors.
Romney's eldest son, Tagg, and his wife, Jennifer, each gave
$47,500, filings showed. The candidate's brother G. Scott Romney
donated another $50,000.
Sunday's filings also serve as latest indication of Romney's
deep ties with Wall Street: Nine of top 10 companies giving to
Romney were in the financial sector.
Employees of Goldman Sachs topped the list with
$902,310 in contributions. Employees of hedge fund Elliott
Management gave $771,600 and supporters from Bain Capital, a
private equity firm formerly run by Romney, reached $757,100.
The list also includes banks Morgan Stanley, JP Morgan
Chase, Credit Suisse and investment management firm Apollo
Global Management. .
Sunday's reports also showed 15 lobbyists "bundling"
--gathering large amounts of cash -- for Romney's Victory fund
and raised $2.2 million since April. A third of them are also
bundling for Romney's campaign itself.
Unlike Obama, Romney has not disclosed his bundlers who are
not registered lobbyists; disclosure of bundlers who lobby is
required by federal law.
The 15 bundlers disclosed on Sunday include lobbyists for
Barclays and Goldman Sachs, hotel operator Marriott
International Inc, insurer Aflac, tech giant
Microsoft Corp and brewer Anheuser Busch.