Who funds New Leadership Now?

Its biggest reported donors in the 2026 cycle were Elisa Stad ($4.3M), Dan Gillespie ($400K), Maurice Duca ($250K), Gillespie Family Trust ($225K), David Trujillo ($100K), out of $5.7M received from donors tracked here.

Which candidates did New Leadership Now spend the most on in 2026?

against Mike Thompson (California 4th District, $2.7M, pending); against Mike Thompson (California 4th District, $1.5M, lost); for Eric Jones (California 4th District, $1.3M, won).

← All super PACs

Outside spender

New Leadership Now

FEC committee C00900993

Mixed

New Leadership Now spent $5.4M on independent expenditures in the 2026 federal elections, and 68% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Oct 14, 2026). Among dollars with a matched election-stage result, 46% were on the winning side ($1.3M won, $1.5M lost, with $2.7M in races still being counted). $0 had no matched result and is excluded.

Outside spending

$5.4M

Winning share of scored dollars

46%

$2.7M scored (50% of spending); $0 unknown

On the losing side

$1.5M

$2.7M still being counted

Supporting vs attacking

23% / 77%

$1.3M for, $4.1M against

Google says New Leadership Now also spent $273K on Google and YouTube ads this cycle (5% of its FEC-reported outside spending). All ad buyers →

Follow the money

Who filled the envelope

The donor records in this snapshot trace $5.7M to New Leadership Now. This is incomplete funding coverage; percentages below refer only to these traced gifts. The allocation denominator is $5.8M.

All big donors →

Elisa StadIndividual$4.3M (75%)
Dan GillespieIndividual$400K (7%)
Maurice DucaIndividual$250K (4%)
Gillespie Family TrustCompany / nonprofit$225K (4%)
David TrujilloIndividual$100K (2%)
Jim CoulterIndividual$100K (2%)
Common Blue StrategiesCompany / nonprofit$77K (1%)
Neil MehtaIndividual$50K (1%)
Scott GilbertsonIndividual$50K (1%)
Jared MiddlemanIndividual$50K (1%)

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 Race not called yet Result not matched

Candidate	Race	Spending	Amount	Paid off?
Mike Thompson	California 4th District	Attacking	$2.7M	Counting
Mike Thompson	California 4th District (primary)	Attacking	$1.5M	✗ No
Eric Jones	California 4th District (primary)	Supporting	$1.3M	✓ Yes

Questions people ask

How much did New Leadership Now spend in 2026, and did it win?: New Leadership Now spent $5.4M on independent expenditures in the 2026 federal elections, and 68% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Oct 14, 2026). Among dollars with a matched election-stage result, 46% were on the winning side ($1.3M won, $1.5M lost, with $2.7M in races still being counted). $0 had no matched result and is excluded.
Who funds New Leadership Now?: Its biggest reported donors in the 2026 cycle were Elisa Stad ($4.3M), Dan Gillespie ($400K), Maurice Duca ($250K), Gillespie Family Trust ($225K), David Trujillo ($100K), out of $5.7M received from donors tracked here.
Which candidates did New Leadership Now spend the most on in 2026?: against Mike Thompson (California 4th District, $2.7M, pending); against Mike Thompson (California 4th District, $1.5M, lost); for Eric Jones (California 4th District, $1.3M, won).