Which super PACs did William Ackman fund in 2024?

We Deserve Better, Inc. ($1.0M), SFA Fund ($250K), Tell It Like It Is PAC ($250K), Win It Back PAC ($100K).

Which candidates did William Ackman's money end up backing or attacking in 2024?

for Dean Phillips (President, about $608K, unknown); for Nikki Haley (President, about $160K, unknown); for Christopher Christie (President, about $98K, unknown). Amounts are the donor's share of each group's spending.

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Donor

William Ackman

Individual

Investment Manager, Pershing Square Capital Management, L. · New York

6 gifts to 4 groups, as reported to the FEC by the groups that received them.

Mixed

William Ackman gave $1.6M to super PACs and other outside groups in the 2024 federal elections, and 67% of it helped Republicans (FEC filings through Dec 31, 2024). Counting dollars, not candidates, and only races already called, 44% ended up on the winning side ($108K won, $141K lost).

Gave to outside spenders

$1.6M

67% of it helped Republicans

Ended up on the winning side

44%

$108K of the dollars in races already called

Spent on the losing side

$141K

Not spent yet

$1.4M

Sitting with groups that have not spent

Where the cheques went

A person writing cheques 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 cheque 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
We Deserve Better, Inc. $392K not spent yet	$1.0M	$0 / $0
SFA Fund	$250K	$76K / $14K
Tell It Like It Is PAC $92K not spent yet	$250K	$0 / $60K
Win It Back PAC	$100K	$33K / $67K

The trail

What the money bought

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

Candidate	Race	Spending	Their share	Paid off?
Dean Phillips	President (primary)	Supporting	$608K	Unknown
Nikki Haley	President (primary)	Supporting	$160K	Unknown
Christopher Christie	President (primary)	Supporting	$98K	Unknown
Donald Trump	President (primary)	Attacking	$86K	✗ No
Ron Desantis	President (primary)	Attacking	$75K	✓ Yes
Ruben Gallego	Arizona Senate (primary)	Attacking	$29K	✗ No
Jacky S. Rosen	Nevada Senate	Attacking	$22K	✗ No
Colin Allred	Texas Senate	Attacking	$17K	✓ Yes
Janelle Stelson	Pennsylvania 10th District	Attacking	$5K	✓ Yes
Dave Min	California 47th District	Attacking	$2K	✗ No
Catherine Templeton	South Carolina 1st District (primary)	Attacking	$2K	✓ Yes
Matt Dolan	Ohio Senate (primary)	Attacking	$2K	✓ Yes

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

Questions people ask

How much did William Ackman spend on the 2024 elections, and did it win?: William Ackman gave $1.6M to super PACs and other outside groups in the 2024 federal elections, and 67% of it helped Republicans (FEC filings through Dec 31, 2024). Counting dollars, not candidates, and only races already called, 44% ended up on the winning side ($108K won, $141K lost).
Which super PACs did William Ackman fund in 2024?: We Deserve Better, Inc. ($1.0M), SFA Fund ($250K), Tell It Like It Is PAC ($250K), Win It Back PAC ($100K).
Which candidates did William Ackman's money end up backing or attacking in 2024?: for Dean Phillips (President, about $608K, unknown); for Nikki Haley (President, about $160K, unknown); for Christopher Christie (President, about $98K, unknown). Amounts are the donor's share of each group's spending.