By Isabella Torregiani
2:13pm PDT, Jul 23, 2025
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Vice President
J.D. Vance has set a new fundraising record, bringing in a staggering $3 million at a single event — just as the 2026 midterm elections are drawing near.
Keep reading for more on his historic record… MORE:
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The exclusive fundraising dinner took place at a private residence on Nantucket, hosted by
Laura and
Rob Reynolds, alongside
Dave Kelsey and
Ozzie Palomo. The event reportedly broke records for any Republican National Committee donor gathering on the Massachusetts island. "J.D. Vance as RNC finance chair has been a difference maker already," one strategist told the
New York Post. "If you look at the DNC, there is no one with a similar stature headlining event after event for them." Attendance at the dinner came with a hefty price tag — couples paid a minimum of $100,000, while joining the "host committee" required a $250,000 contribution.
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The RNC is already outpacing its Democratic counterpart in 2025 fundraising efforts, bringing in more than $96 million to date. In comparison, the Democratic National Committee has raised more than $69 million and currently reports a little more than $15 million in cash on hand.
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Rob Reynolds, CEO of Putnam Investments and Chair of Great-West Lifeco U.S., and his wife, Laura Reynolds, played a major role in organizing the successful fundraiser. The couple has a history of hosting high-profile GOP events including a 2022 "Take Back the Senate" dinner that featured then-Senate candidate J.D. Vance. They were joined by veteran Republican donor Dave Kelsey, who founded a political action committee aimed at electing Republicans to office in Connecticut, further aiding in the event's success.
