Which super PACs did Stephen Schwarzman fund in 2020?

Senate Leadership Fund ($35M), America First Action ($3.0M), Congressional Leadership Fund ($2.5M), 1820 PAC ($2.0M), Better Future Mi Fund ($1.0M).

Which candidates did Stephen Schwarzman's money end up backing or attacking in 2020?

against Jon Ossoff (Georgia Senate, about $7.3M, lost); against Cal Cunningham (North Carolina Senate, about $4.0M, won); against Joe Biden (President, about $2.8M, lost). Amounts are the donor's share of each group's spending.

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Donor

Stephen Schwarzman

Individual

Chairman & CEO, Blackstone · New York

14 gifts to 8 groups, as reported to the FEC by the groups that received them.

Mixed

Stephen Schwarzman gave $44M to super PACs and other outside groups in the 2020 federal elections, and 98% of it helped Republicans (FEC filings through Dec 31, 2020). 53% of the money with a result ended up on the winning side ($17M won, $15M lost).

Gave to outside spenders

$44M

98% of it helped Republicans

Ended up on the winning side

53%

$17M

Spent on the losing side

$15M

Not spent yet

$11M

Sitting with groups that have not spent

Where the cheques went

A person writing cheques 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 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	Won / lost
Senate Leadership Fund No outside spending reported yet	$35M	$14M / $11M
America First Action No outside spending reported yet	$3.0M	$0 / $2.8M
Congressional Leadership Fund No outside spending reported yet	$2.5M	$1.7M / $323K
1820 PAC No outside spending reported yet	$2.0M	$1.6M / $186K
Better Future Mi Fund No outside spending reported yet	$1.0M	$0 / $916K
NRSC No outside spending reported yet	$69K	$33K / $22K
Republican National Committee No outside spending reported yet	$36K	$0 / $1K
NRCC No outside spending reported yet	$36K	$30K / $3K

The trail

What the money bought

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

Candidate	Race	Spending	Their share	Paid off?
Jon Ossoff	Georgia Senate	Attacking	$7.3M	✗ No
Cal Cunningham	North Carolina Senate	Attacking	$4.0M	✓ Yes
Joe Biden	President (primary)	Attacking	$2.8M	✗ No
Sara I. Gideon	Maine Senate	Attacking	$2.4M	✓ Yes
Gary Peters	Michigan Senate	Attacking	$2.4M	✗ No
Steve Bullock	Montana Senate	Attacking	$2.1M	✓ Yes
Theresa Greenfield	Iowa Senate	Attacking	$1.7M	✓ Yes
Jaime Harrison	South Carolina Senate	Attacking	$1.4M	✓ Yes
Barbara Bollier	Kansas Senate	Attacking	$1.3M	✓ Yes
Mark Kelly	Arizona Senate	Attacking	$1.3M	✗ No
Joni Ernst	Iowa Senate (primary)	Supporting	$1.1M	✓ Yes
John W. Hickenlooper	Colorado Senate	Attacking	$692K	✗ No

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

Questions people ask

How much did Stephen Schwarzman spend on the 2020 elections, and did it win?: Stephen Schwarzman gave $44M to super PACs and other outside groups in the 2020 federal elections, and 98% of it helped Republicans (FEC filings through Dec 31, 2020). 53% of the money with a result ended up on the winning side ($17M won, $15M lost).
Which super PACs did Stephen Schwarzman fund in 2020?: Senate Leadership Fund ($35M), America First Action ($3.0M), Congressional Leadership Fund ($2.5M), 1820 PAC ($2.0M), Better Future Mi Fund ($1.0M).
Which candidates did Stephen Schwarzman's money end up backing or attacking in 2020?: against Jon Ossoff (Georgia Senate, about $7.3M, lost); against Cal Cunningham (North Carolina Senate, about $4.0M, won); against Joe Biden (President, about $2.8M, lost). Amounts are the donor's share of each group's spending.