Obama's campaign and the Democratic National Committee raised more than $114 million in August, beating the $111 million collected in last month by Romney's campaign and the Republican National Committee.Obama had a big jump in fund-raising; in July the tally was a combined $75 million.

Campaign Manager Jim Messina said in a statement released late Sunday, "The key to fighting back against the special interests writing limitless checks to support Mitt Romney is growing our donor base, and we did substantially in the month of August. Fueled by contributions from more than 1.1 million Americans donating an average of $58 -- more than 317,000 who had never contributed to the campaign before -- we raised a total of more than $114 million. That is a critical downpayment on the organization we are building across the country -- the largest grassroots campaign in history."

Senior Advisor David Axelrod said in a tweet, "Grassroots Respond! Obama out raises Mitt's mighty money machine in Aug."

From the campaign, "Full metrics:"

Over $114m raised between OFA and DNC
More than 1.1 M donors in the month of August
Cycle to date donors more than 3.1 M
More than 317,000 new donors in the month of August
Avg donation for the month of August $58
98% donations $250 or less in the month of August

ROMNEY $3 MILLION FUND-RAISER IN LAKE FOREST ON MONDAY

Mitt Romney hits Lake Forest on Monday to pick up, I've learned, $3 million at a fund-raiser. The event is being hosted by Reeve and Melissa Waud. Donations range from $2,500 for a reception to $25,800 for a private dinner. Maximum donations are $75,800 per person or $151,600 per couple.

RECAP

In July, Romney and the Republican National Committee raised $101.3 million in July to Obama and Democratic National Committee total of $75 million.

in June, Romney raised $106.1 million to $71 million for Obama.

In May, Romney collected $76.8 million to Obama's $60 million;