Donor
Charles Schwab
IndividualChairman and Founder, Charles Schwab Corporation · California
19 reported gifts; 9 recipient groups listed, as reported to the FEC by the groups that received them.
Charles Schwab gave $12M to super PACs and other outside groups in the 2020 federal elections, and 97% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2020). Among dollars with a matched election-stage result, 58% were on the winning side ($4.3M won, $3.1M lost). $351K had no matched result and is excluded.
Gave to outside spenders
$12M
97% of it helped Republicans
Winning share of scored dollars
58%
$7.4M scored (64% of gifts)
Spent on the losing side
$3.1M
Not allocated or result unknown
$4.2M
$3.8M not allocated to tracked outside spending; $351K has no matched result. Neither is cash on hand.
Where the checks went
| Group | Gave | How the group spent it | Won / lost |
|---|---|---|---|
| Senate Leadership Fund $2.5M not allocated to tracked outside spending | $6.3M | $2.1M / $1.7M | |
| Congressional Leadership Fund $358K not allocated to tracked outside spending | $2.5M | $1.7M / $310K | |
| Esafund $431K not allocated to tracked outside spending | $1.3M | $117K / $662K | |
| Wfw Action Fund Inc $186K not allocated to tracked outside spending | $750K | $314K / $189K | |
| National Victory Action Fund $172K not allocated to tracked outside spending | $300K | $3K / $125K | |
| American Patriots PAC $64K not allocated to tracked outside spending | $250K | $16K / $85K | |
| Opportunity Matters Fund, Inc. $45K not allocated to tracked outside spending | $100K | $32K / $24K | |
| Republican National Committee $71K not allocated to tracked outside spending | $71K | $0 / $555 | |
| NRSC $23K not allocated to tracked outside spending | $36K | $7K / $5K |
The trail
What the money bought
| Candidate | Race | Spending | Their share | Paid off? |
|---|---|---|---|---|
| Jon Ossoff | Georgia Senate | Attacking | $1.2M | ✗ No |
| Cal Cunningham | North Carolina Senate | Attacking | $617K | ✓ Yes |
| Steve Bullock | Montana Senate | Attacking | $322K | ✓ Yes |
| Kelly Loeffler | Georgia Senate (special) | Supporting | $291K | ✗ No |
| Gary Peters | Michigan Senate | Attacking | $271K | ✗ No |
| Joni Ernst | Iowa Senate | Supporting | $265K | ✓ Yes |
| Theresa Greenfield | Iowa Senate | Attacking | $261K | ✓ Yes |
| Mark Kelly | Arizona Senate | Attacking | $230K | ✗ No |
| Jaime Harrison | South Carolina Senate | Attacking | $213K | ✓ Yes |
| David A. Perdue | Georgia Senate | Supporting | $212K | ✗ No |
| Barbara Bollier | Kansas Senate | Attacking | $204K | ✓ Yes |
| John W. Hickenlooper | Colorado Senate | Attacking | $184K | ✗ No |
Individual as classified from the FEC entity type and public reporting.
Questions people ask
- How much did Charles Schwab spend on the 2020 elections, and did it win?
- Charles Schwab gave $12M to super PACs and other outside groups in the 2020 federal elections, and 97% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2020). Among dollars with a matched election-stage result, 58% were on the winning side ($4.3M won, $3.1M lost). $351K had no matched result and is excluded.
- Which super PACs did Charles Schwab fund in 2020?
- Senate Leadership Fund ($6.3M), Congressional Leadership Fund ($2.5M), Esafund ($1.3M), Wfw Action Fund Inc ($750K), National Victory Action Fund ($300K).
- Which candidates did Charles Schwab's money end up backing or attacking in 2020?
- against Jon Ossoff (Georgia Senate, about $1.2M, lost); against Cal Cunningham (North Carolina Senate, about $617K, won); against Steve Bullock (Montana Senate, about $322K, won). Amounts are the donor's share of each group's spending.