Which super PACs did Fred Eshelman fund in 2022?

Restore Common Sense, Inc. ($2.5M).

Which candidates did Fred Eshelman's money end up backing or attacking in 2022?

for Majorie K Eastman (North Carolina Senate, about $1.9M, unknown); against Cheri Beasley (North Carolina Senate, about $125K, won). Amounts are the donor's share of each group's spending.

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Donor

Fred Eshelman

Individual

Sole Manager, Eshelman Ventures LLC · North Carolina

3 reported gifts; 1 recipient group listed, as reported to the FEC by the groups that received them.

Limited result coverage

Fred Eshelman gave $2.5M to super PACs and other outside groups in the 2022 federal elections, and 100% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2022). Among dollars with a matched election-stage result, 100% were on the winning side ($125K won, $0 lost). $1.9M had no matched result and is excluded.

Gave to outside spenders

$2.5M

100% of it helped Republicans

Winning share of scored dollars

100%

$125K scored (5% of gifts)

Spent on the losing side

Not allocated or result unknown

$2.3M

$399K not allocated to tracked outside spending; $1.9M has no matched result. Neither is cash on hand.

Where the checks went

A person writing checks from their own fortune. Each gift is split the way the group that received it split its spending between winners and losers, so a $10M check to a group that spent 80% on losers counts as $8M on the losing side.

✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Result not matched

Group	Gave	How the group spent it	Won / lost
Restore Common Sense, Inc. $399K not allocated to tracked outside spending	$2.5M		$125K / $0

The trail

What the money bought

The candidates Fred Eshelman's money was spent for or against, pro-rated by Fred Eshelman's share of each group's funding.

Candidate	Race	Spending	Their share	Paid off?
Majorie K Eastman	North Carolina Senate (primary)	Supporting	$1.9M	Unknown
Cheri Beasley	North Carolina Senate	Attacking	$125K	✓ Yes

Individual as classified from the FEC entity type and public reporting.

Questions people ask

How much did Fred Eshelman spend on the 2022 elections, and did it win?: Fred Eshelman gave $2.5M to super PACs and other outside groups in the 2022 federal elections, and 100% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2022). Among dollars with a matched election-stage result, 100% were on the winning side ($125K won, $0 lost). $1.9M had no matched result and is excluded.
Which super PACs did Fred Eshelman fund in 2022?: Restore Common Sense, Inc. ($2.5M).
Which candidates did Fred Eshelman's money end up backing or attacking in 2022?: for Majorie K Eastman (North Carolina Senate, about $1.9M, unknown); against Cheri Beasley (North Carolina Senate, about $125K, won). Amounts are the donor's share of each group's spending.