Which super PACs did Third Way fund in 2022?

Shield PAC ($1.4M), Dmfi PAC ($5K).

Which candidates did Third Way's money end up backing or attacking in 2022?

for Abigail A. Spanberger (Virginia 7th District, about $160K, won); for Elissa Slotkin (Michigan 7th District, about $143K, won); for Kim Schrier (Washington 8th District, about $140K, won). Amounts are the donor's share of each group's spending.

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Donor

Third Way

Company / nonprofit

51 reported gifts; 2 recipient groups listed, as reported to the FEC by the groups that received them.

Backed winners

Third Way gave $1.4M to super PACs and other outside groups in the 2022 federal elections, and 100% of it helped Democrats (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2022). Among dollars with a matched election-stage result, 94% were on the winning side ($949K won, $62K lost). $2K had no matched result and is excluded.

Gave to outside spenders

$1.4M

100% of it helped Democrats

Winning share of scored dollars

94%

$1.0M scored (71% of gifts)

Spent on the losing side

$62K

Not allocated or result unknown

$422K

$420K not allocated to tracked outside spending; $2K has no matched result. Neither is cash on hand.

Where the checks went

A company, LLC or nonprofit. Where its money came from is not reported. 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	How the group spent it	Won / lost
Shield PAC $419K not allocated to tracked outside spending	$1.4M		$947K / $62K
Dmfi PAC $1K not allocated to tracked outside spending	$5K		$2K / $444

The trail

What the money bought

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

Candidate	Race	Spending	Their share	Paid off?
Abigail A. Spanberger	Virginia 7th District	Supporting	$160K	✓ Yes
Elissa Slotkin	Michigan 7th District	Supporting	$143K	✓ Yes
Kim Schrier	Washington 8th District	Supporting	$140K	✓ Yes
Susie Lee	Nevada 3rd District	Supporting	$139K	✓ Yes
Sharice Davids	Kansas 3rd District	Supporting	$136K	✓ Yes
Chrissy Houlahan	Pennsylvania 6th District	Supporting	$85K	✓ Yes
Mikie Sherril	New Jersey 11th District	Supporting	$85K	✓ Yes
Elaine G. Luria	Virginia 2nd District	Supporting	$62K	✗ No
Angie Craig	Minnesota 2nd District	Supporting	$60K	✓ Yes
Nina Turner	Ohio 11th District	Attacking	$656	Unknown
Shontel Brown	Ohio 11th District (primary)	Supporting	$409	✓ Yes
Shontel Brown	Ohio 11th District	Supporting	$405	✓ Yes

Company / nonprofit as classified from the FEC entity type and public reporting.

Questions people ask

How much did Third Way spend on the 2022 elections, and did it win?: Third Way gave $1.4M to super PACs and other outside groups in the 2022 federal elections, and 100% of it helped Democrats (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2022). Among dollars with a matched election-stage result, 94% were on the winning side ($949K won, $62K lost). $2K had no matched result and is excluded.
Which super PACs did Third Way fund in 2022?: Shield PAC ($1.4M), Dmfi PAC ($5K).
Which candidates did Third Way's money end up backing or attacking in 2022?: for Abigail A. Spanberger (Virginia 7th District, about $160K, won); for Elissa Slotkin (Michigan 7th District, about $143K, won); for Kim Schrier (Washington 8th District, about $140K, won). Amounts are the donor's share of each group's spending.