In the second quarter of 2024, GOP megadonors such as Paul Singer, Miriam Adelson, and Ken Griffin generously contributed to political action committees supporting Republican congressional candidates. These donations gave conservative-leaning funds a cash-on-hand advantage over their liberal counterparts as the 2024 election season entered its final stretch. Singer notably sent a $10 million check to both the Congressional and Senate Leadership Fund, while Adelson and Griffin also made significant contributions to support Republican campaigns. On the liberal side, donors like James Simons and Fred Eychaner were among those who generously supported PACs backing Democratic candidates. Overall, the fundraising landscape for the 2024 election cycle showed a clear divide in financial support between conservative and liberal donors as they backed their respective candidates. According to OpenSecrets donor records, Mandel is a consistent supporter of progressive PACs, contributing seven figures on a regular basis.
During the second quarter, two donors exceeded the $2 million mark. Elizabeth Simons, daughter of James Simons, and Jeff Skoll, an investor and former film producer, each donated $2 million to the Senate Majority PAC.
Simons is a co-founder of the Heising-Simons Foundation with her husband, Mark Heising, which focuses on climate, education, human rights, and science philanthropy.
Skoll, who is currently a member of Sequoia Holdings LLC, founded Participant Media LLC in 2004. The production company, known for producing films with a progressive viewpoint such as “An Inconvenient Truth” and “Food Inc.,” announced its closure in 2024. Participant Media LLC also produced Oscar-winning films like “Green Book” and “Spotlight.”
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