Quid Pro Quo (QPQ) Tracker
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Entity DossierPACDiffers from FEC by 13110%

DEMOCRACY PAC II

Tracked direct receipts exceed tracked direct giving by

$189,145,465

Political action committee.

Cycle

Tracked direct giving

$11,053,000

View FEC cycle totals

Tracked receipts

$200,198,465

View FEC cycle totals

Connections

0

The Money Trail

How money associated with DEMOCRACY PAC II flowed

DEMOCRACY PAC II is the giver in some of these trails and the recipient in others. Each sentence names who gave and who received.

$207.8M
15 transactions across 9 counterparties
sum of 15 tracked donations shown

George Soros directed $175.0M to DEMOCRACY PAC II across 2 contributions between September 2021 and November 2022.

Sep 2021 – Nov 2022individual

ISHARES BY BLACKROCK directed $15.9M to DEMOCRACY PAC II across 2 contributions between October 2022 and November 2022.

Oct 2022 – Nov 2022corporate

DEMOCRACY PAC II directed $6.5M to Senate Majority PAC across 2 contributions between June 2023 and January 2024.

Jun 2023 – Jan 2024pac

SPDR FUNDS directed $5.8M to DEMOCRACY PAC II across 3 contributions between July 2022 and November 2022.

Jul 2022 – Nov 2022corporate

DEMOCRACY PAC II directed $2.3M to AB PAC across 2 contributions between February 2023 and June 2023.

Feb 2023 – Jun 2023pac

DEMOCRACY PAC II also is connected by money to 4 other entities totaling $2.5M.

$207.8M tracked across 9 counterparties (sum of 15 tracked donations shown)
PAC Chain Attribution

Where DEMOCRACY PAC II’s money ended up

Attributed amounts are modeled estimates of how money flowed through intermediary PACs, computed by proportional apportionment of FEC-reported transactions. They are not reported transactions themselves. How we compute this

$51K
modeled estimate
12 paths across 12 counterparties
$15Kmodeled estimateattributed to Larry Hogan
2024 cycle1 path4 hopsLow confidence
$15Kmodeled estimateDEMOCRACY PAC II→JUSTICE & PUBLIC SAFETY PAC→DEMOCRACY PAC II→Senate Majority PAC→WOMEN VOTE!→Larry HoganlowOpposeindependent_expenditure

smallest single documented leg $23K (larger than the modeled estimate: the leg carried money from other sources too)

$12Kmodeled estimateattributed to Donald J. Trump
2024 cycle1 path4 hopsLow confidence

smallest single documented leg $23K (larger than the modeled estimate: the leg carried money from other sources too)

$7Kmodeled estimateattributed to Kamala Harris
2024 cycle1 path4 hopsLow confidence

smallest single documented leg $23K (larger than the modeled estimate: the leg carried money from other sources too)

$6Kmodeled estimateattributed to Joseph Biden JR
2024 cycle1 path4 hopsLow confidence

smallest single documented leg $23K (larger than the modeled estimate: the leg carried money from other sources too)

$5Kmodeled estimateattributed to Eric Hovde
2024 cycle1 path4 hopsLow confidence
$5Kmodeled estimateDEMOCRACY PAC II→JUSTICE & PUBLIC SAFETY PAC→DEMOCRACY PAC II→Senate Majority PAC→WOMEN VOTE!→Eric HovdelowOpposeindependent_expenditure

smallest single documented leg $23K (larger than the modeled estimate: the leg carried money from other sources too)

$3Kmodeled estimateattributed to BROWN, SAM
2024 cycle1 path4 hopsLow confidence
$3Kmodeled estimateDEMOCRACY PAC II→JUSTICE & PUBLIC SAFETY PAC→DEMOCRACY PAC II→Senate Majority PAC→WOMEN VOTE!→BROWN, SAMlowOpposeindependent_expenditure

smallest single documented leg $23K (larger than the modeled estimate: the leg carried money from other sources too)

$1Kmodeled estimateattributed to Michael J Rogers
2024 cycle1 path4 hopsLow confidence

smallest single documented leg $83K (larger than the modeled estimate: the leg carried money from other sources too)

$465modeled estimateattributed to Ryan Mackenzie
2024 cycle1 path4 hopsLow confidence

smallest single documented leg $179K (larger than the modeled estimate: the leg carried money from other sources too)

Plus 4 additional chains totaling $1K.

$51K attributed (modeled estimate) across 12 paths·Up to 4 hops deep·Source FEC filings (Schedules A, B, E)·How we compute this
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Donations Given and Outside Spending

Largest 50 records. Rows badged “Spent to support” or “Spent to oppose” are independent expenditures this entity paid to vendors for or against the named candidate. That money was not given to them.

RecipientAmountDateCycle
Senate Majority PAC$4,000,000Jan 26, 20242024
Senate Majority PAC$2,500,000Jun 22, 20232024
AB PAC$1,750,000Jun 22, 20232024
HOUSE MAJORITY PAC$1,000,000Mar 16, 20232024
STATE DEMOCRACY DEFENDERS PAC$750,000May 8, 20232024
AB PAC$500,000Feb 28, 20232024
AAPI VICTORY FUND$300,000May 9, 20232024
JUSTICE & PUBLIC SAFETY PAC$230,000Nov 20, 20232024
JUSTICE & PUBLIC SAFETY PAC$23,000Nov 22, 20232024

Donations Received and Outside Spending

Largest 50 records. Badged rows are independent expenditures other groups paid to vendors for or against this entity. That money did not reach its committee.

DonorAmountDateCycle
George Soros$125,000,000Sep 9, 20212022
George Soros$50,000,000Nov 21, 20222022
ISHARES BY BLACKROCK$15,619,509Nov 2, 20222022
SPDR FUNDS$3,887,518Jul 11, 20222022
SPDR FUNDS$1,147,903Nov 3, 20222022
SPDR FUNDS$747,615Oct 26, 20222022
NEW YORK STATE DEPARTMENT OF TAXATION AND FINANCE$404,812Nov 21, 20242024
ISHARES BY BLACKROCK$231,678Oct 7, 20222022
JUSTICE & PUBLIC SAFETY PAC$230,000Nov 22, 20232024
GLOBAL OAK$224,444Jun 30, 20232024
ISHARES BY BLACKROCK$207,812Sep 8, 20222022
ISHARES BY BLACKROCK$188,425Aug 5, 20222022
SPDR FUNDS$165,280Jan 31, 20222022
SPDR FUNDS$159,264Jul 29, 20222022
GLOBAL OAK$155,021Apr 30, 20242024
SPDR FUNDS$137,967Apr 29, 20222022
ISHARES BY BLACKROCK$122,670Jul 8, 20222022
ISHARES BY BLACKROCK$113,026Jun 7, 20222022
ISHARES BY BLACKROCK$108,346Nov 5, 20212022
ISHARES BY BLACKROCK$105,896Dec 22, 20212022
ISHARES BY BLACKROCK$105,581Mar 7, 20222022
ISHARES BY BLACKROCK$105,215Apr 7, 20222022
ISHARES BY BLACKROCK$104,736May 6, 20222022
ISHARES BY BLACKROCK$99,926Feb 7, 20222022
ISHARES BY BLACKROCK$98,692Dec 7, 20212022
GLOBAL OAK$70,813May 31, 20232024
GLOBAL OAK$66,913May 31, 20242024
GLOBAL OAK$60,100Dec 29, 20232024
GLOBAL OAK$38,465Mar 31, 20232024
SPDR FUNDS$36,717Oct 31, 20222022
NEW YORK CITY DEPARTMENT OF FINANCE$36,523Apr 5, 20232024
GLOBAL OAK$34,533Jan 31, 20232024
GLOBAL OAK$29,559Apr 28, 20232024
GLOBAL OAK$29,179Jun 28, 20242024
NEW YORK STATE DEPARTMENT OF TAXATION AND FINANCE$26,729Oct 16, 20242024
GLOBAL OAK$22,213Oct 31, 20232024
GLOBAL OAK$22,050Jul 31, 20232024
SPDR FUNDS$20,115Oct 7, 20222022
SPDR FUNDS$18,714Sep 8, 20222022
GLOBAL OAK$17,703Feb 28, 20232024
SPDR FUNDS$16,702Aug 5, 20222022
SPDR FUNDS$16,512Dec 23, 20212022
SPDR FUNDS$15,337Nov 3, 20222022
SPDR FUNDS$15,179Jul 8, 20222022
SPDR FUNDS$13,510Jun 7, 20222022
SPDR FUNDS$11,929May 6, 20222022
SPDR FUNDS$10,049Mar 7, 20222022
SPDR FUNDS$9,636Apr 7, 20222022
NEW YORK STATE DEPARTMENT OF TAXATION AND FINANCE$9,178Oct 16, 20242024
SPDR FUNDS$8,360Feb 7, 20222022