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Donor

Stephen Schwarzman

Individual

Chairman & CEO, Blackstone · New York

19 reported gifts; 11 recipient groups listed, as reported to the FEC by the groups that received them.

Mixed results

Stephen Schwarzman gave $36M to super PACs and other outside groups in the 2022 federal elections, and 98% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2022). Among dollars with a matched election-stage result, 39% were on the winning side ($12M won, $18M lost). $775K had no matched result and is excluded.

Gave to outside spenders

$36M

98% of it helped Republicans

Winning share of scored dollars

39%

$30M scored (82% of gifts)

Spent on the losing side

$18M

Not allocated or result unknown

$6.4M

$5.6M not allocated to tracked outside spending; $775K 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
Senate Leadership Fund

$3.7M not allocated to tracked outside spending

$22M
$7.7M / $11M
Congressional Leadership Fund

$1.4M not allocated to tracked outside spending

$11M
$3.4M / $5.6M
Saving Arizona PAC

$196K not allocated to tracked outside spending

$1.0M
$266K / $420K
American Leadership Action

$108K not allocated to tracked outside spending

$1.0M
$11K / $670K
Honor Pennsylvania

$59K not allocated to tracked outside spending

$600K
$0 / $411K
USA Freedom Fund

$12K not allocated to tracked outside spending

$200K
$20K / $50K
Florida First Project

$39K not allocated to tracked outside spending

$200K
$74K / $87K
Rjc Victory Fund

$9K not allocated to tracked outside spending

$200K
$0 / $191K
Liberty Champions

$15K not allocated to tracked outside spending

$100K
$85K / $0
Opportunity Matters Fund, Inc.

$75K not allocated to tracked outside spending

$100K
$16K / $8K
NRSC

$64K not allocated to tracked outside spending

$73K
$3K / $7K

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.
CandidateRaceSpendingTheir sharePaid off?
John K. FettermanPennsylvania SenateAttacking$4.3M✗ No
Raphael WarnockGeorgia SenateAttacking$3.4M✗ No
Cheri BeasleyNorth Carolina SenateAttacking$2.8M✓ Yes
Tim RyanOhio SenateAttacking$2.4M✓ Yes
Mandela BarnesWisconsin SenateAttacking$1.9M✓ Yes
Catherine Cortez MastoNevada SenateAttacking$1.9M✗ No
Donald C. BolducNew Hampshire SenateSupporting$692K✗ No
Herschel Junior WalkerGeorgia SenateSupporting$654K✗ No
Maggie HassanNew Hampshire SenateAttacking$504K✗ No
Kelly C. TshibakaAlaska SenateAttacking$458K✓ Yes
Susie LeeNevada 3rd DistrictAttacking$439K✗ No
Mehmet OzPennsylvania Senate (primary)Attacking$411K✗ No

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

Questions people ask

How much did Stephen Schwarzman spend on the 2022 elections, and did it win?
Stephen Schwarzman gave $36M to super PACs and other outside groups in the 2022 federal elections, and 98% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2022). Among dollars with a matched election-stage result, 39% were on the winning side ($12M won, $18M lost). $775K had no matched result and is excluded.
Which super PACs did Stephen Schwarzman fund in 2022?
Senate Leadership Fund ($22M), Congressional Leadership Fund ($11M), Saving Arizona PAC ($1.0M), American Leadership Action ($1.0M), Honor Pennsylvania ($600K).
Which candidates did Stephen Schwarzman's money end up backing or attacking in 2022?
against John K. Fetterman (Pennsylvania Senate, about $4.3M, lost); against Raphael Warnock (Georgia Senate, about $3.4M, lost); against Cheri Beasley (North Carolina Senate, about $2.8M, won). Amounts are the donor's share of each group's spending.