JERSEY CITY ONLINE
FAILURE TO DISCLOSE DONOR LISTS DISQUALIFIES HIM FOR MATCHING FUNDS
Despite a promise for full public financial
disclosure made 46 days ago, Bret Schundler has failed to reveal the
contributors to his nonprofit organization, disqualifying him from receiving
public matching funds.
According to New Jersey Election Law, all candidates for Governor must disclose
donors to any other organizations before receiving public matching funds.
Schundler has failed to disclose the donors to his nonprofit, Empower the
People, and last week stated he will accept public matching funds, despite his
original pledge not to do so.
“Bret Schundler wants to hide his big dollar contributors from New Jersey’s
voters, but at the same time wants to accept taxpayer dollars to finance his
campaign,” said Charlie Smith, campaign manager for Bob Franks. “He can’t
have it both ways, Bret Schundler needs to come clean with the people of this
state or not accept their money.”
In March, Schundler came under fire for diverting substantial funds earmarked
for scholarships to a self-promotional media blitz the year he became a
candidate for Governor. When Mayor Schundler was forced to disclose his
scholarship fund and reveal many contributors receiving lucrative tax breaks in
Jersey City, his campaign promised to disclose the donors to Empower the People
at a later date. Forty-six days later, he has yet to do so.
“Bret Schundler has gone back on his word to not accept matching funds and to
disclose the donors to Empower the People,” continued Smith. “Apparently,
salvaging his desperate campaign is more important than keeping his promises to
New Jersey voters.”