Lcv Victory Fund spent $42M on independent expenditures in the 2020 federal elections, and 100% of it helped Democrats (FEC filings through Dec 31, 2020). Counting dollars, not candidates, and only races already called, 50% ended up on the winning side ($21M won, $21M lost).
Outside spending
$42M
On the winning side
50%
$21M
On the losing side
$21M
Supporting vs attacking
32% / 68%
$13M for, $29M against
Google says Lcv Victory Fund also spent $402K on Google and YouTube ads this cycle (1% of its FEC-reported outside spending). All ad buyers →
Follow the money
Who filled the envelope
Lcv Victory Fund reported $56M in gifts from people, companies, nonprofits and other PACs. The biggest are below.
- League of Conservation Voters, Inc.Company / nonprofit$16M (29%)
- Sixteen Thirty FundDark money$6.8M (12%)
- Michael BloombergIndividual$4.2M (8%)
- Robert GranthamIndividual$3.0M (5%)
- Eli BroadIndividual$2.5M (4%)
- Edythe BroadIndividual$2.5M (4%)
- Samuel WaltonIndividual$1.8M (3%)
- Joshua BekensteinIndividual$1.1M (2%)
- Anita BekensteinIndividual$1.0M (2%)
- Polly O'brienIndividual$965K (2%)
Where the money went
Biggest targets, with whether each one paid off.
✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Result not matched
| Candidate | Race | Spending | Amount | Paid off? |
|---|---|---|---|---|
| Donald Trump | President | Attacking | $9.8M | ✓ Yes |
| Joe Biden | President | Supporting | $7.2M | ✓ Yes |
| Steve Daines | Montana Senate | Attacking | $4.3M | ✗ No |
| Joni Ernst | Iowa Senate | Attacking | $3.8M | ✗ No |
| Theresa Greenfield | Iowa Senate | Supporting | $1.9M | ✗ No |
| Lindsey Graham | South Carolina Senate | Attacking | $1.5M | ✗ No |
| Martha McSally | Arizona Senate | Attacking | $1.5M | ✓ Yes |
| Steve Bullock | Montana Senate | Supporting | $1.1M | ✗ No |
| Susan Margaret Collins | Maine Senate | Attacking | $886K | ✗ No |
| Dan Sullivan | Alaska Senate | Attacking | $804K | ✗ No |
| Carlos Gimenez | Florida 26th District | Attacking | $764K | ✗ No |
| Gary Peters | Michigan Senate | Supporting | $743K | ✓ Yes |
Questions people ask
- How much did Lcv Victory Fund spend in 2020, and did it win?
- Lcv Victory Fund spent $42M on independent expenditures in the 2020 federal elections, and 100% of it helped Democrats (FEC filings through Dec 31, 2020). Counting dollars, not candidates, and only races already called, 50% ended up on the winning side ($21M won, $21M lost).
- Who funds Lcv Victory Fund?
- Its biggest reported donors in the 2020 cycle were League of Conservation Voters, Inc. ($16M), Sixteen Thirty Fund ($6.8M), Michael Bloomberg ($4.2M), Robert Grantham ($3.0M), Eli Broad ($2.5M), out of $56M received from donors tracked here.
- Which candidates did Lcv Victory Fund spend the most on in 2020?
- against Donald Trump (President, $9.8M, won); for Joe Biden (President, $7.2M, won); against Steve Daines (Montana Senate, $4.3M, lost).