May 21, 2016
Donald Trump will raise money Wednesday evening in Los Angeles, marking his first foray into official GOP fundraisers with an event where tickets start at $25,000.
The dinner will be held at the home of Rachelle and Tom Barrack, according to an invitation obtained by The Times.
Guests paying $25,000 per person receive a photo and can attend the reception and dinner. Anyone paying $100,000 per couple becomes a member of the host committee and also gets a Republican National Committee Regent membership.
Trump and the RNC have entered into a joint fundraising agreement called “Trump Victory.” That means some of the money raised will go to the RNC and 11 state parties: Arkansas, Connecticut, Louisiana, Mississippi, New Jersey, New York, South Carolina, Tennessee, Virginia, West Virginia and Wyoming.
The invitation notes the first $2,700 raised will go to Trump’s primary campaign and the second $2,700 to his general election campaign. The next $33,400 will go to the RNC’s operations account, followed by the next $100,200 to the party’s convention account. Another $100,200 will be alloted to the RNC’s Headquarters account. The $110,000 after that will go to the state parties, and the final $100,200 will go to the RNC’s Legal Proceedings account.
Democrats have a similar structure for high-dollar fundraisers, including one Hillary Clinton did recently with George Clooney.
The hosts listed on the Trump fundraiser invitation are RNC Chairman Reince Priebus, Trump Victory Finance Chairman Lewis Eisenberg and Trump campaign Finance Chairman Steven Mnuchin.
Barrack, whose real estate private equity firm Colony Capital recently sold Miramax , has done deals with Trump, according to a profile in Fortune Magazine .