Which super PACs did Marc Stad fund in 2024?

Future Forward (FF PAC) ($5.0M), Votevets ($305K), DSCC ($25K).

Which candidates did Marc Stad's money end up backing or attacking in 2024?

for Kamala Harris (President, about $4.4M, lost); for Ruben Gallego (Arizona Senate, about $12K, won); against Michelle Steel (California 45th District, about $11K, won). Amounts are the donor's share of each group's spending.

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Donor

Marc Stad

Individual

Not Employed, Dragoneer Investment Group · California

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

Backed losers

Marc Stad gave $5.3M to super PACs and other outside groups in the 2024 federal elections, and 100% of it helped Democrats (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2024). Among dollars with a matched election-stage result, 1% were on the winning side ($59K won, $4.5M lost). $23K had no matched result and is excluded.

Gave to outside spenders

$5.3M

100% of it helped Democrats

Winning share of scored dollars

$4.5M scored (85% of gifts)

Spent on the losing side

$4.5M

Not allocated or result unknown

$802K

$779K not allocated to tracked outside spending; $23K 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
Future Forward (FF PAC) $556K not allocated to tracked outside spending	$5.0M	$0 / $4.4M
Votevets $202K not allocated to tracked outside spending	$305K	$57K / $30K
DSCC $21K not allocated to tracked outside spending	$25K	$2K / $1K

The trail

What the money bought

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

Candidate	Race	Spending	Their share	Paid off?
Kamala Harris	President	Supporting	$4.4M	✗ No
Ruben Gallego	Arizona Senate (primary)	Supporting	$12K	✓ Yes
Michelle Steel	California 45th District	Attacking	$11K	✓ Yes
Ruben Gallego	Arizona Senate	Supporting	$10K	✓ Yes
Daniel Helmer	Virginia 10th District (primary)	Supporting	$10K	Unknown
Derrick Van Orden	Wisconsin 3rd District	Attacking	$8K	✗ No
Joseph R Jr Biden	President	Supporting	$7K	Unknown
Alison H. Esposito	New York 18th District	Attacking	$7K	✓ Yes
Donald Trump	President	Attacking	$6K	✗ No
Jen A. Kiggans	Virginia 2nd District	Attacking	$4K	✗ No
Colin Allred	Texas Senate	Supporting	$4K	✗ No
Maggie Goodlander	New Hampshire 2nd District (primary)	Supporting	$3K	✓ Yes

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

Questions people ask

How much did Marc Stad spend on the 2024 elections, and did it win?: Marc Stad gave $5.3M to super PACs and other outside groups in the 2024 federal elections, and 100% of it helped Democrats (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2024). Among dollars with a matched election-stage result, 1% were on the winning side ($59K won, $4.5M lost). $23K had no matched result and is excluded.
Which super PACs did Marc Stad fund in 2024?: Future Forward (FF PAC) ($5.0M), Votevets ($305K), DSCC ($25K).
Which candidates did Marc Stad's money end up backing or attacking in 2024?: for Kamala Harris (President, about $4.4M, lost); for Ruben Gallego (Arizona Senate, about $12K, won); against Michelle Steel (California 45th District, about $11K, won). Amounts are the donor's share of each group's spending.