Barbara Zaragoza 4:30 p.m., May 25
Wealthy Donors Behind La Jolla Super PAC's "Independent" Campaign for Fletcher
Who paid for all those icpurple.org television spots featuring a gang of children mixing red and blue paint on behalf of ex-GOP Assemblyman Nathan Fletcher's self-professed independent bid to become mayor of San Diego?
As we first reported on May 18, the so-called super PAC was set up by an associate of Ted Waitt, the wealthy La Jollan who made his fortune with Gateway Computer and later became enmeshed in a series of Minnesota legal and financial controversies.
Later that day, a public relations company for the super PAC dispatched a news release confirming Waitt's involvement, adding:
"icPurple does not represent a political party or special interests, nor does it purport to have third party ambitions. The group’s core values are outlined in the newly authored ‘Declaration of Independents,’ stating, “I am not a Democrat. I am not a Republican. I am an American.”
Until this month, the super PAC was not required to reveal its sources of funding, keeping voters in the dark about who besides Waitt was behind the TV campaign, but a recent filing shows money flowed in from a number of well-heeled donors, many of whose faces are very familiar around city hall.
According to its latest disclosure report with the Federal Election Commission, filed June 20 and covering the month of May, a host of wealthy real estate and investment types kicked in for the cause, including real estate mogul and Point Loma Republican donor Malin Burnham, with a cool $25,000 on May 23; Anaheim's Greg Miller of Miller Environmental, Inc. ($10,000); and La Jollan Michael R. Stone of Freestyle Capital ($10,000).
Also, Dane Chapin of Zephyr Partners ($5000); La Jolla real estate woman Nancy Saikhon Borrelli ($5000); CONNECT CEO Duane Roth ($1500); Michael Barone of Intercare Insurance Solutions ($1500); Qualcomm executive vice president Margaret Johnson of Rancho Santa Fe ($1500); Dennis Cruzan, onetime real estate sidekick to Padres owner John Moores ($1000); and Ace Parking's Keith Jones ($1000).
Waitt personally gave a total of $400,000.
From the beginning of the year through May, the Super PAC took in a total of $492,515 and spent $403,354, according to the disclosure.