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 $6.2M, lost); against Cal Cunningham (North Carolina Senate, about $3.4M, won); against Joe Biden (President, about $2.5M, 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 reported gifts; 8 recipient groups listed, as reported to the FEC by the groups that received them.

Mixed results

Stephen Schwarzman gave $44M to super PACs and other outside groups in the 2020 federal elections, and 98% 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, 53% were on the winning side ($15M won, $13M lost). $174K had no matched result and is excluded.

Gave to outside spenders

$44M

98% of it helped Republicans

Winning share of scored dollars

53%

$29M scored (66% of gifts)

Spent on the losing side

$13M

Not allocated or result unknown

$15M

$15M not allocated to tracked outside spending; $174K 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
Senate Leadership Fund $14M not allocated to tracked outside spending	$35M	$12M / $9.4M
America First Action $371K not allocated to tracked outside spending	$3.0M	$0 / $2.6M
Congressional Leadership Fund $358K not allocated to tracked outside spending	$2.5M	$1.7M / $310K
1820 PAC $241K not allocated to tracked outside spending	$2.0M	$1.6M / $183K
Better Future Mi Fund $106K not allocated to tracked outside spending	$1.0M	$0 / $894K
NRSC $45K not allocated to tracked outside spending	$69K	$14K / $10K
Republican National Committee $35K not allocated to tracked outside spending	$36K	$0 / $277
NRCC $26K not allocated to tracked outside spending	$36K	$8K / $760

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	$6.2M	✗ No
Cal Cunningham	North Carolina Senate	Attacking	$3.4M	✓ Yes
Joe Biden	President	Attacking	$2.5M	✗ No
Sara I. Gideon	Maine Senate	Attacking	$2.0M	✓ Yes
Gary Peters	Michigan Senate	Attacking	$2.0M	✗ No
Steve Bullock	Montana Senate	Attacking	$1.8M	✓ Yes
Theresa Greenfield	Iowa Senate	Attacking	$1.4M	✓ Yes
Jaime Harrison	South Carolina Senate	Attacking	$1.2M	✓ Yes
Barbara Bollier	Kansas Senate	Attacking	$1.1M	✓ Yes
Mark Kelly	Arizona Senate	Attacking	$1.1M	✗ No
Joni Ernst	Iowa Senate	Supporting	$882K	✓ Yes
John W. Hickenlooper	Colorado Senate	Attacking	$587K	✗ 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 with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2020). Among dollars with a matched election-stage result, 53% were on the winning side ($15M won, $13M lost). $174K had no matched result and is excluded.
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 $6.2M, lost); against Cal Cunningham (North Carolina Senate, about $3.4M, won); against Joe Biden (President, about $2.5M, lost). Amounts are the donor's share of each group's spending.