Who Won’t Be at Trump’s Party?

Corporations have cut back on or pulled sponsorships of Republican convention

There were be less money for balloons this year after some corporate sponsors pulled their support for the Republican National Convention. (Chip Somodevilla/Getty Images)
There were be less money for balloons this year after some corporate sponsors pulled their support for the Republican National Convention. (Chip Somodevilla/Getty Images)
Posted July 15, 2016 at 3:12pm

Presidential conventions cost a lot of money. Republicans and Democrats in the past have reached out to corporations and individuals to donate money or sponsor the nominating events.  

But the lightning rod that is Donald Trump has scared away some from supporting this year’s Republican convention in Cleveland, Ohio. Here is a list of some of the big-name companies that decided not to sponsor this year’s convention or limiting their financial support:   

Apple : The Silicon Valley powerhouse pulled its support of the Republican convention in June over its unease about Trump’s inflammatory comments during the campaign.   

Microsoft : The tech company’s donations to the previous two Republican conventions were each valued at over a million dollars. Microsoft is still expected to provide tech products to both conventions . But this time around, Microsoft will is only give money to the Democratic convention.    

Hewlett-Packard : One of the oldest tech companies will not be supporting either party’s convention after donating more than half a million dollars in 2012.   

There has been a noticeable absence of donations flowing from Wall Street to the GOP convention and none of major financial CEOs plan on attending, according to Politico .  

The presence of people from Goldman Sachs, Morgan Stanley and Bank of America will be sparse.   

JP Morgan Chase & Co.:  The largest bank in the United States  did donate money to the previous Republican convention but will not be a sponsor for this year’s convention.  

Citigroup:  They will have a “low-key ” presence.  

Wells Fargo & Co : The Bay Area bank will not sponsor  the convention in Cleveland, despite contributing to the convention in 2012.  

United Parcel Service Inc : UPS did give money to the 2012 Republican convention but decided not to donate in 2016 “well before”  Trump became the presumptive nominee.  

Motorola Solutions Inc : The telecommunications company told Bloomberg Politics  that also wont donate to the convention in Cleveland after giving to the convention in 2012.    

Ford Motor : The automaker decided last year to sit out both conventions this year.  

Coca-Cola : The soft drink giant did give $75,000 to the host committees of convention last year and does not plan on spending anymore. Coca-Cola contributed $666,000 to the 2012 Republican convention in Tampa Bay and another $100,000 in soda.


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