Brownback failed to break the $1 million mark in fundraising last quarter.
WASHINGTON (CNN) – Sen. Sam Brownback, R-Kansas, reported raising about $926,000 for his presidential campaign in the third quarter, and gave no indication Monday he would abandon his White House bid despite the lackluster haul.
Instead, the Brownback campaign noted that the Kansas senator is eligible to receive "at least $2.1 million in federal matching funds," and emphasized that the campaign is carrying no debt.
"With a crowded field and an entire month during which Senator Brownback campaigned in Iowa without holding fundraising events, we are pleased with the level of support for Senator Brownback's message," John Rankin, the senator's campaign spokesman, said in a statement. "We have always expected to run a grassroots campaign and to make the most of limited resources. The option of over $2 million in federal matching funds would provide additional support as we move forward."
Several of Brownback's opponents for the GOP presidential nomination had a much more successful three month fundraising period. Former New York City Mayor Rudy Giuliani raised $11 million, while former Massachusetts Gov. Mitt Romney collected $10 million. Texas Rep. Ron Paul's success in the third quarter was the biggest surprise when he announced raising $5 million for his bid.
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–CNN Political Editor Mark Preston