National Victory Action Fund spent $6.4M on independent expenditures in the 2020 federal elections, and 100% of it helped Republicans (FEC filings through Dec 31, 2020). Counting dollars, not candidates, and only races already called, 3% ended up on the winning side ($160K won, $6.2M lost).
Outside spending
$6.4M
On the winning side
3%
$160K
On the losing side
$6.2M
Supporting vs attacking
100% / 0%
$6.4M for, $0 against
Google says National Victory Action Fund also spent $39K on Google and YouTube ads this cycle (1% of its FEC-reported outside spending). All ad buyers →
Follow the money
Who filled the envelope
National Victory Action Fund reported $12M in gifts from people, companies, nonprofits and other PACs. The biggest are below.
- Ken GriffinIndividual$8.0M (68%)
- Georgia Action FundAnother PAC$1.7M (14%)
- Paul SingerIndividual$300K (3%)
- Charles SchwabIndividual$300K (3%)
- Daniel LoebIndividual$100K (1%)
- Wrh Income PropertiesCompany / nonprofit$100K (1%)
- Frank RichardsonIndividual$40K (0%)
- Laird CleaverIndividual$35K (0%)
- Atlantic American CorporationCompany / nonprofit$30K (0%)
- Edward ConradIndividual$25K (0%)
Where the money went
Biggest targets, with whether each one paid off.
✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Result not matched
| Candidate | Race | Spending | Amount | Paid off? |
|---|---|---|---|---|
| David A. Perdue | Georgia Senate | Supporting | $3.3M | ✗ No |
| Kelly Loeffler | Georgia Senate (special) | Supporting | $2.6M | ✗ No |
| Martha McSally | Arizona Senate | Supporting | $150K | ✗ No |
| Lindsey Graham | South Carolina Senate | Supporting | $110K | ✓ Yes |
| John James | Michigan Senate | Supporting | $110K | ✗ No |
| Joni Ernst | Iowa Senate | Supporting | $50K | ✓ Yes |
| Cory Gardner | Colorado Senate | Supporting | $50K | ✗ No |
Questions people ask
- How much did National Victory Action Fund spend in 2020, and did it win?
- National Victory Action Fund spent $6.4M on independent expenditures in the 2020 federal elections, and 100% of it helped Republicans (FEC filings through Dec 31, 2020). Counting dollars, not candidates, and only races already called, 3% ended up on the winning side ($160K won, $6.2M lost).
- Who funds National Victory Action Fund?
- Its biggest reported donors in the 2020 cycle were Ken Griffin ($8.0M), Georgia Action Fund ($1.7M), Paul Singer ($300K), Charles Schwab ($300K), Daniel Loeb ($100K), out of $12M received from donors tracked here.
- Which candidates did National Victory Action Fund spend the most on in 2020?
- for David A. Perdue (Georgia Senate, $3.3M, lost); for Kelly Loeffler (Georgia Senate (special), $2.6M, lost); for Martha McSally (Arizona Senate, $150K, lost).