Quid Pro Quo (QPQ) Tracker
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Entity DossierPerson

MASTERS, BLAKE

Federal candidate, office H, state AZ

Tracked direct giving

$3,596,500

Tracked donations to candidate

None in tracked data

IE for this entity (not received)

$582,915

Connections

2

Independent expenditures are paid by outside groups to ad and mail vendors. None of that money reached this entity's committee, and none of it is counted as a receipt.

The Money Trail

How money associated with MASTERS, BLAKE flowed

MASTERS, BLAKE is the giver in some of these trails and the recipient in others. Each sentence names who gave and who received.

$4.2M
8 transactions across 5 counterparties
sum of 8 tracked donations shown

MASTERS, BLAKE directed $3.6M to BLAKE MASTERS FOR CONGRESS across 3 contributions between December 2023 and October 2024.

Dec 2023 – Oct 2024pac

Defend American Jobs spent $583K supporting MASTERS, BLAKE across 2 contributions between June 2024 and June 2024. Defend American Jobs advocates for GENIUS Act, Guiding and Establishing National Innovation for U.S. Stablecoins (S.394).

Jun 2024 – Jun 2024independent expenditure→ GENIUS Act, Guiding and Establishing National Inno… no recorded vote

MASTERS, BLAKE directed $12K to WINRED.

Apr 2023individual

MASTERS, BLAKE directed $3K to PARKINSON FOR SENATE.

Jun 2023individual
$4.2M tracked across 5 counterparties (sum of 8 tracked donations shown)·1 policy outcome
PAC Chain Attribution

Who funded MASTERS, BLAKE

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

$586K
modeled estimate
46 paths across 41 counterparties
$178Kmodeled estimatefrom Coinbase, Inc.
2024 cycle2 paths1–2 hopsMedium confidence
$139Kmodeled estimateCoinbase, Inc.→Fairshake→Defend American Jobs→MASTERS, BLAKEmediumSupportindependent_expenditure

smallest single documented leg $12K

$39Kmodeled estimateCoinbase, Inc.→Defend American Jobs→MASTERS, BLAKEmediumSupportindependent_expenditure

smallest single documented leg $12K

$85Kmodeled estimatefrom HOROWITZ, BEN
2024 cycle2 paths1–2 hopsMedium confidence
$65Kmodeled estimateHOROWITZ, BEN→Fairshake→Defend American Jobs→MASTERS, BLAKEmediumSupportindependent_expenditure

smallest single documented leg $12K

$19Kmodeled estimateHOROWITZ, BEN→Defend American Jobs→MASTERS, BLAKEmediumSupportindependent_expenditure

smallest single documented leg $12K

$85Kmodeled estimatefrom Marc Andreessen
2024 cycle2 paths1–2 hopsMedium confidence
$65Kmodeled estimateMarc Andreessen→Fairshake→Defend American Jobs→MASTERS, BLAKEmediumSupportindependent_expenditure

smallest single documented leg $12K

$19Kmodeled estimateMarc Andreessen→Defend American Jobs→MASTERS, BLAKEmediumSupportindependent_expenditure

smallest single documented leg $12K

2024 cycle1 path1 hopMedium confidence
$39Kmodeled estimateA16Z Capital Management, L.L.C. (Andreessen Horowitz)→Defend American Jobs→MASTERS, BLAKEmediumSupportindependent_expenditure

smallest single documented leg $12K

$39Kmodeled estimatefrom Ripple Labs Inc.
2024 cycle1 path1 hopMedium confidence
$39Kmodeled estimateRipple Labs Inc.→Defend American Jobs→MASTERS, BLAKEmediumSupportindependent_expenditure

smallest single documented leg $12K

$39Kmodeled estimatefrom COINBASE INC
2024 cycle1 path1 hopMedium confidence
$39Kmodeled estimateCOINBASE INC→Defend American Jobs→MASTERS, BLAKEmediumSupportindependent_expenditure

smallest single documented leg $12K

$38Kmodeled estimatefrom Jump Crypto
2024 cycle1 path2 hopsMedium confidence
$38Kmodeled estimateJump Crypto→Fairshake→Defend American Jobs→MASTERS, BLAKEmediumSupportindependent_expenditure

smallest single documented leg $12K

$13Kmodeled estimatefrom Tyler Winklevoss
2024 cycle1 path2 hopsMedium confidence
$13Kmodeled estimateTyler Winklevoss→Fairshake→Defend American Jobs→MASTERS, BLAKEmediumSupportindependent_expenditure

smallest single documented leg $12K

Plus 33 additional chains totaling $72K.

$586K attributed (modeled estimate) across 46 paths·Up to 2 hops deep·Source FEC filings (Schedules A, B, E)·How we compute this

Outside Spending and Dark Money

Dark money is election spending by organizations that do not disclose their donors: 501(c)(4) social welfare organizations, 501(c)(6) trade associations, and similar non-committee filers (FEC Form 5 and Form 9). Registered super PACs also make independent expenditures. But they itemize their donors with the FEC, so their spending is not dark money. Figures below are never combined with disclosed-donor totals.

Outside Spending About This Entity

Every independent expenditure and electioneering communication in the tracked filings that names this entity, by any filer. Most filers here are super PACs that disclose their donors. Only the non-committee nonprofits among them are dark money.

FilerAmountTypeSupport/OpposeDate
Defend American Jobs$570,566Form 5 IESupportingJun 20, 2024
Defend American Jobs$12,349Form 5 IESupportingJun 28, 2024

Money spent by non-disclosing organizations on ads and communications referencing this candidate. These dollars do not flow to the candidate's committee.

Methodology Disclosure

Dark money figures are derived from FEC Form 5 (independent expenditures by non-committee organizations) and Form 9 (electioneering communications). These filings capture spending on ads and election communications but do not reveal the identity of the organization's donors. QPQ totals may differ from benchmarks like the Brennan Center's estimates. QPQ includes all Form 5 filers, while some benchmarks count only a subset of non-disclosing nonprofits. Grant chain data is from IRS Form 990 Schedule I and may not include all years or all grantee organizations.

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Election Results

YearOfficeStatePartyResultTotal RaisedTracked direct PAC giving
2024US HouseAZResult not sourced$4,223,399—
2022US SenateAZResult not sourced$15,659,649—

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
BLAKE MASTERS FOR CONGRESS$2,500,000Mar 31, 20242024
BLAKE MASTERS FOR CONGRESS$1,000,000Dec 28, 20232024
BLAKE MASTERS FOR CONGRESS$70,000Oct 15, 20242024
TRUMP SAVE AMERICA JOINT FUNDRAISING COMMITTEE$11,600Apr 19, 20232024
WINRED$11,600Apr 19, 20232024
PARKINSON FOR SENATE$3,300Jun 21, 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
Defend American JobsSpent to support$570,566Jun 20, 20242024
Defend American JobsSpent to support$12,349Jun 28, 20242024

Relationships

TypeConnected ToDetailsSource
Advocated for byDefend American JobsIndependent expenditures totaling $2,331,660.00 across 8 filingsSource
Affiliated withBLAKE MASTERS FOR CONGRESSBLAKE MASTERS FOR CONGRESS is the principal campaign committee of MASTERS, BLAKE (FEC committee C00854786, designation P; candidate H4AZ08124).Source