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Donor

Stephen Mandel

Individual

Founder, Lone Pine Capital · Connecticut

14 reported gifts; 9 recipient groups listed, as reported to the FEC by the groups that received them.

Mixed results

Stephen Mandel gave $6.2M to super PACs and other outside groups in the 2020 federal elections, and 100% of it helped Democrats (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2020). Among dollars with a matched election-stage result, 62% were on the winning side ($2.8M won, $1.7M lost). $7K had no matched result and is excluded.

Gave to outside spenders

$6.2M

100% of it helped Democrats

Winning share of scored dollars

62%

$4.5M scored (72% of gifts)

Spent on the losing side

$1.7M

Not allocated or result unknown

$1.8M

$1.7M not allocated to tracked outside spending; $7K 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
GroupGaveHow the group spent itWon / lost
Ab PAC

$1.0M not allocated to tracked outside spending

$3.5M
$2.1M / $344K
House Majority PAC

$174K not allocated to tracked outside spending

$1.3M
$202K / $895K
The Lincoln Project

$440K not allocated to tracked outside spending

$1.0M
$411K / $149K
Montana Hunters and Anglers Leadership Fund

$13K not allocated to tracked outside spending

$250K
$0 / $237K
DSCC

$50K not allocated to tracked outside spending

$71K
$3K / $18K
Women Vote!

$11K not allocated to tracked outside spending

$50K
$8K / $29K
DCCC

$26K not allocated to tracked outside spending

$36K
$2K / $8K
Priorities USA Action

$249 not allocated to tracked outside spending

$25K
$21K / $4K
Unite the Country

$6K not allocated to tracked outside spending

$25K
$19K / $526

The trail

What the money bought

The candidates Stephen Mandel's money was spent for or against, pro-rated by Stephen Mandel's share of each group's funding.
CandidateRaceSpendingTheir sharePaid off?
Donald TrumpPresidentAttacking$2.2M✓ Yes
Donald TrumpPresident (primary)Attacking$353K✗ No
Kelly LoefflerGeorgia Senate (special)Attacking$213K✓ Yes
Steve BullockMontana SenateSupporting$161K✗ No
David A. PerdueGeorgia SenateAttacking$147K✓ Yes
Steve DainesMontana SenateAttacking$113K✗ No
Michelle SteelCalifornia 48th DistrictAttacking$59K✗ No
Joe BidenPresidentSupporting$52K✓ Yes
Jeff Van DrewNew Jersey 2nd DistrictAttacking$42K✗ No
Mike GarciaCalifornia 25th DistrictAttacking$37K✗ No
Michelle FischbachMinnesota 7th DistrictAttacking$37K✗ No
Nicole MalliotakisNew York 11th DistrictAttacking$35K✗ No

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

Questions people ask

How much did Stephen Mandel spend on the 2020 elections, and did it win?
Stephen Mandel gave $6.2M to super PACs and other outside groups in the 2020 federal elections, and 100% of it helped Democrats (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2020). Among dollars with a matched election-stage result, 62% were on the winning side ($2.8M won, $1.7M lost). $7K had no matched result and is excluded.
Which super PACs did Stephen Mandel fund in 2020?
Ab PAC ($3.5M), House Majority PAC ($1.3M), The Lincoln Project ($1.0M), Montana Hunters and Anglers Leadership Fund ($250K), DSCC ($71K).
Which candidates did Stephen Mandel's money end up backing or attacking in 2020?
against Donald Trump (President, about $2.2M, won); against Donald Trump (President, about $353K, lost); against Kelly Loeffler (Georgia Senate (special), about $213K, won). Amounts are the donor's share of each group's spending.