Donor
Waterfront Strategies
Company / nonprofitDC
4 gifts to 3 groups, as reported to the FEC by the groups that received them.
Waterfront Strategies gave $2.5M to super PACs and other outside groups in the 2024 federal elections, and 98% of it helped Democrats (FEC filings through Dec 31, 2024). Counting dollars, not candidates, and only races already called, 20% ended up on the winning side ($438K won, $1.8M lost).
Gave to outside spenders
$2.5M
98% of it helped Democrats
Ended up on the winning side
20%
$438K of the dollars in races already called
Spent on the losing side
$1.8M
Not spent yet
$321K
Sitting with groups that have not spent
Where the cheques went
A company, LLC or nonprofit. Where its money came from is not reported. Each gift is split the way the group that received it split its spending between winners and losers, so a $10M cheque 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 |
|---|---|---|---|
| Future Forward (FF PAC) $173K not spent yet | $1.6M | $0 / $1.4M | |
| House Majority PAC $116K not spent yet | $600K | $253K / $216K | |
| Women Vote | $378K | $185K / $177K |
The trail
What the money bought
The candidates Waterfront Strategies's money was spent for or against, pro-rated by Waterfront Strategies's share of each group's funding.
| Candidate | Race | Spending | Their share | Paid off? |
|---|---|---|---|---|
| Kamala Harris | President | Supporting | $1.5M | ✗ No |
| Larry Hogan | Maryland Senate | Attacking | $78K | ✓ Yes |
| Donald Trump | President | Attacking | $75K | ✗ No |
| Eric Hovde | Wisconsin Senate | Attacking | $39K | ✓ Yes |
| David Trone | Maryland Senate (primary) | Attacking | $36K | ✓ Yes |
| Austin Theriault | Maine 2nd District | Attacking | $22K | ✓ Yes |
| Ryan E. Mackenzie | Pennsylvania 7th District | Attacking | $19K | ✗ No |
| Tom Barrett | Michigan 7th District | Attacking | $19K | ✗ No |
| Sandy Smith | North Carolina 1st District | Attacking | $19K | ✓ Yes |
| Scott Baugh | California 47th District | Attacking | $18K | ✓ Yes |
| John Duarte | California 13th District | Attacking | $17K | ✓ Yes |
| Mike Garcia | California 27th District | Attacking | $17K | ✓ Yes |
Company / nonprofit as classified from the FEC entity type and public reporting.
Questions people ask
- How much did Waterfront Strategies spend on the 2024 elections, and did it win?
- Waterfront Strategies gave $2.5M to super PACs and other outside groups in the 2024 federal elections, and 98% of it helped Democrats (FEC filings through Dec 31, 2024). Counting dollars, not candidates, and only races already called, 20% ended up on the winning side ($438K won, $1.8M lost).
- Which super PACs did Waterfront Strategies fund in 2024?
- Future Forward (FF PAC) ($1.6M), House Majority PAC ($600K), Women Vote ($378K).
- Which candidates did Waterfront Strategies's money end up backing or attacking in 2024?
- for Kamala Harris (President, about $1.5M, lost); against Larry Hogan (Maryland Senate, about $78K, won); against Donald Trump (President, about $75K, lost). Amounts are the donor's share of each group's spending.