Which super PACs did Charles Schwab fund in 2024?

Senate Leadership Fund ($5.0M), Congressional Leadership Fund ($2.0M), Wfw Action Fund Inc ($260K), NRSC ($83K), NRCC ($41K).

Which candidates did Charles Schwab's money end up backing or attacking in 2024?

against Sherrod Brown (Ohio Senate, about $1.2M, won); against Robert P. Casey Jr. (Pennsylvania Senate, about $999K, won); against Elissa Slotkin (Michigan Senate, about $621K, lost). Amounts are the donor's share of each group's spending.

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Donor

Charles Schwab

Individual

Chairman and Founder, Charles Schwab Corporation · Florida

22 gifts to 5 groups, as reported to the FEC by the groups that received them.

Winner

Charles Schwab gave $7.4M to super PACs and other outside groups in the 2024 federal elections, and 100% of it helped Republicans (FEC filings through Dec 31, 2024). Counting dollars, not candidates, and only races already called, 66% ended up on the winning side ($3.9M won, $2.0M lost).

Gave to outside spenders

$7.4M

100% of it helped Republicans

Ended up on the winning side

66%

$3.9M of the dollars in races already called

Spent on the losing side

$2.0M

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
Senate Leadership Fund $1.0M not spent yet	$5.0M	$2.8M / $1.1M
Congressional Leadership Fund $178K not spent yet	$2.0M	$1.0M / $786K
Wfw Action Fund Inc $53K not spent yet	$260K	$34K / $61K
NRSC $66K not spent yet	$83K	$93 / $17K
NRCC	$41K	$12K / $29K

The trail

What the money bought

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

Candidate	Race	Spending	Their share	Paid off?
Sherrod Brown	Ohio Senate	Attacking	$1.2M	✓ Yes
Robert P. Casey Jr.	Pennsylvania Senate	Attacking	$999K	✓ Yes
Elissa Slotkin	Michigan Senate	Attacking	$621K	✗ No
Jon Tester	Montana Senate	Attacking	$436K	✓ Yes
Tammy Baldwin	Wisconsin Senate	Attacking	$423K	✗ No
Bernard F. Moreno	Ohio Senate	Supporting	$131K	✓ Yes
Derek Tran	California 45th District	Attacking	$96K	✗ No
Mondaire L. Jones	New York 17th District	Attacking	$91K	✓ Yes
Curtis Hertel	Michigan 7th District	Attacking	$86K	✓ Yes
Susan Wild	Pennsylvania 7th District	Attacking	$81K	✓ Yes
George Whitesides	California 27th District	Attacking	$79K	✗ No
Don Davis	North Carolina 1st District	Attacking	$76K	✗ No

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

Questions people ask

How much did Charles Schwab spend on the 2024 elections, and did it win?: Charles Schwab gave $7.4M to super PACs and other outside groups in the 2024 federal elections, and 100% of it helped Republicans (FEC filings through Dec 31, 2024). Counting dollars, not candidates, and only races already called, 66% ended up on the winning side ($3.9M won, $2.0M lost).
Which super PACs did Charles Schwab fund in 2024?: Senate Leadership Fund ($5.0M), Congressional Leadership Fund ($2.0M), Wfw Action Fund Inc ($260K), NRSC ($83K), NRCC ($41K).
Which candidates did Charles Schwab's money end up backing or attacking in 2024?: against Sherrod Brown (Ohio Senate, about $1.2M, won); against Robert P. Casey Jr. (Pennsylvania Senate, about $999K, won); against Elissa Slotkin (Michigan Senate, about $621K, lost). Amounts are the donor's share of each group's spending.