Which super PACs did Charles Schwab fund in 2024?

Senate Leadership Fund ($5.0M), Congressional Leadership Fund ($2.0M), Wfw Action Fund Inc ($260K), NRSC ($83K), NRCC ($41K).

Which candidates did Charles Schwab's money end up backing or attacking in 2024?

against Sherrod Brown (Ohio Senate, about $1.1M, won); against Robert P. Casey Jr. (Pennsylvania Senate, about $872K, won); against Elissa Slotkin (Michigan Senate, about $537K, lost). Amounts are the donor's share of each group's spending.

← All donors

Donor

Charles Schwab

Individual

Chairman and Founder, Charles Schwab Corporation · Florida

22 reported gifts; 5 recipient groups listed, as reported to the FEC by the groups that received them.

Backed winners

Charles Schwab gave $7.4M to super PACs and other outside groups in the 2024 federal elections, and 100% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2024). Among dollars with a matched election-stage result, 66% were on the winning side ($3.5M won, $1.8M lost). $128K had no matched result and is excluded.

Gave to outside spenders

$7.4M

100% of it helped Republicans

Winning share of scored dollars

66%

$5.3M scored (72% of gifts)

Spent on the losing side

$1.8M

Not allocated or result unknown

$2.0M

$1.9M not allocated to tracked outside spending; $128K 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	Won / lost
Senate Leadership Fund $1.5M not allocated to tracked outside spending	$5.0M	$2.5M / $1.0M
Congressional Leadership Fund $225K not allocated to tracked outside spending	$2.0M	$992K / $766K
Wfw Action Fund Inc $64K not allocated to tracked outside spending	$260K	$32K / $58K
NRSC $77K not allocated to tracked outside spending	$83K	$32 / $6K
NRCC $33K not allocated to tracked outside spending	$41K	$2K / $6K

The trail

What the money bought

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

Candidate	Race	Spending	Their share	Paid off?
Sherrod Brown	Ohio Senate	Attacking	$1.1M	✓ Yes
Robert P. Casey Jr.	Pennsylvania Senate	Attacking	$872K	✓ Yes
Elissa Slotkin	Michigan Senate	Attacking	$537K	✗ No
Jon Tester	Montana Senate	Attacking	$381K	✓ Yes
Tammy Baldwin	Wisconsin Senate	Attacking	$369K	✗ No
Bernard F. Moreno	Ohio Senate	Supporting	$115K	✓ Yes
Derek Tran	California 45th District	Attacking	$93K	✗ No
Mondaire L. Jones	New York 17th District	Attacking	$89K	✓ Yes
Curtis Hertel	Michigan 7th District	Attacking	$82K	✓ Yes
Susan Wild	Pennsylvania 7th District	Attacking	$78K	✓ Yes
George Whitesides	California 27th District	Attacking	$75K	✗ No
Don Davis	North Carolina 1st District	Attacking	$73K	✗ No

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

Questions people ask

How much did Charles Schwab spend on the 2024 elections, and did it win?: Charles Schwab gave $7.4M to super PACs and other outside groups in the 2024 federal elections, and 100% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2024). Among dollars with a matched election-stage result, 66% were on the winning side ($3.5M won, $1.8M lost). $128K had no matched result and is excluded.
Which super PACs did Charles Schwab fund in 2024?: Senate Leadership Fund ($5.0M), Congressional Leadership Fund ($2.0M), Wfw Action Fund Inc ($260K), NRSC ($83K), NRCC ($41K).
Which candidates did Charles Schwab's money end up backing or attacking in 2024?: against Sherrod Brown (Ohio Senate, about $1.1M, won); against Robert P. Casey Jr. (Pennsylvania Senate, about $872K, won); against Elissa Slotkin (Michigan Senate, about $537K, lost). Amounts are the donor's share of each group's spending.