“Fueled by Small Donations, Donald Trump Makes Up Major Financial Ground”

NYT:

Donald J. Trump all but erased his enormous fund-raising deficit againstHillary Clinton in the span of just two months, according to figures released by his campaign on Tuesday, converting the passion of his core followers into a flood of small donations on a scale rarely seen in national politics.

Mr. Trump and the Republican National Committee raised $64 million through a joint digital and direct mail effort in July, according to his campaign, the bulk of it from small donations. All told, Mr. Trump and his party brought in $82 million last month, only slightly behind Mrs. Clinton, and ended with an enormous pool of $74 million in cash on hand, suggesting he might now have the resources to compete with Mrs. Clinton in the closing stretch of the campaign.

The figures mark a major achievement in Mr. Trump’s campaign, which until recent months was largely funded by a trickle of hat and T-shirt sales and by Mr. Trump’s wallet. And they suggest Mr. Trump has the potential to be the first Republican nominee whose campaign could be financed chiefly by grass-roots supporters pitching in $10 or $25 apiece, echoing the unprecedented success of Senator Bernie Sanders of Vermont during the Democratic presidential primary.

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