Hybrid PAC (with Non-Contribution Account) - Qualified
The Next 50 PAC
FEC committee C00716423. Last filed October 15, 2026.
FEC C00716423Last filed 2026-10-15Totals through 2026-09-30
The short version
- Raised $1.6M and spent $1.4M in the 2026 cycle, through September 30, 2026.
- Largest donor on record: Next Generation Action PAC (Organization), $150K.
What it is
The Next 50 PAC is registered with the FEC as a hybrid PAC, connected to Next Generation Majority Fund.
A hybrid PAC keeps two bank accounts: one that gives directly to candidates under contribution limits, and one that spends independently with unlimited money, like a super PAC.
Issues it says it stands for
No record found. The FEC does not record issues. The candidates it supports and opposes are listed below.
Registration
| Type | Hybrid PAC (with Non-Contribution Account) - Qualified |
|---|---|
| Connected organization | Next Generation Majority Fund |
| Treasurer | Schuman, Blair |
| Registered in | New York |
| First filed with the FEC | August 20, 2019 |
| Website | https://thenext50.us |
Who it supports and opposes
No independent expenditure notices on record for the 2026 cycle.
Direct contributions to candidates
| Recipient | Given | Checks |
|---|---|---|
| Ripple Effect Strategies LLC | $118K | 5 |
| The Next 50 Action | $68K | 5 |
| Fraiser LLC | $35K | 9 |
| Jocelyn Benson for Governor | $23K | 2 |
| Switchboard | $22K | 7 |
| Ngp Van | $20K | 6 |
| Bowes & Co. Public Affairs, L.L.C. | $16K | 1 |
| Friends of Mai Xiong | $12K | 3 |
| Pennsylvania House Democratic Campaign Committee | $12K | 1 |
| Ryan Hampton for Nevada Assembly | $10K | 1 |
| Garlin Gilchrist for Michigan | $10K | 1 |
| Gqr | $10K | 1 |
| Global Strategy Group LLC | $10K | 1 |
| Bedrock Polling Inc | $10K | 1 |
| Wisconsin Assembly Democratic Committee | $10K | 1 |
| Mary Sheffield for Detroits Future | $10K | 1 |
| Committee to Elect Sandra Jauregui | $10K | 1 |
| Sarah for Iowa FEC | $10K | 2 |
| Mcmorrow for Michigan FEC | $10K | 2 |
| Cait for New York FEC | $10K | 2 |
| Josh for Fargo | $10K | 2 |
| Alaska Democratic Party | $10K | 2 |
| Wahls for Iowa FEC | $10K | 2 |
| Rebecca Bennett for Congress FEC | $10K | 2 |
| Paige for Pa FEC | $10K | 2 |
Largest itemized contributions processed by the FEC, 2026 cycle.
Who funds it
Donor mix
| Source | Amount | Share |
|---|---|---|
| Small donors, $200 or less (not named) | $581K | 37% |
| Individuals giving over $200 (named) | $309K | 20% |
| PACs and other political committees | $11K | 1% |
| Transfers from affiliated committees | $50K | 3% |
| Other receipts (companies, nonprofits, a hybrid PAC's unlimited account) | $602K | 39% |
| Total raised | $1.6M | 100% |
FEC committee totals, 2026 cycle, through September 30, 2026. The 10 largest donors include recent electronic filings, so their share can run ahead of these totals.
Largest named donors
| Donor | Type | Given | Checks |
|---|---|---|---|
| Next Generation Action PAC | Organization No donor disclosure Recent filing | $150K | 2 |
| Mike Novogratz Fortress Investment Group | Individual | $100K | 1 |
| IBEW PAC Educational Fund | PAC Recent filing | $100K | 1 |
| Anthony Davis Inherent Management Corp. | Individual Recent filing | $100K | 1 |
| Shannon Hunt-Scott The Scott Foundation | Individual | $95K | 4 |
| Next Generation Majority Fund | PAC Recent filing | $50K | 1 |
| Ross Boucher N/a | Individual | $40K | 2 |
| Ari Weinstein Software Applications Incorporated | Individual | $30K | 1 |
| Mark Gordon Mark Gordon Pictures | Individual | $25K | 1 |
| The Next 50 Action | Organization No donor disclosure | $22K | 1 |
| Richard Wallace Kla-Tencor | Individual | $15K | 2 |
| The Next 50 Action | Organization No donor disclosure Recent filing | $15K | 1 |
| Gregory Hosono N/a | Individual | $10K | 2 |
| Benjamin Slome New Vintage Partners | Individual | $7K | 1 |
| Mara Wallace N/a | Individual | $6K | 2 |
| Jenelle Kruse Phos Creative | Individual | $5K | 1 |
| Elizabeth Allison Thomas Larger Than Life | Individual | $5K | 1 |
| Deena Shakir Lux Capital | Individual | $5K | 1 |
| Patrick O'connor No Employer | Individual | $5K | 1 |
| Erwin Hosono N/a | Individual | $5K | 1 |
| John Canfield Bluearc.Ai | Individual | $5K | 1 |
| Beth Axelrod N/a | Individual | $5K | 1 |
| David Murray Turningpoint Energy | Individual | $5K | 1 |
| Amy Murray N/a | Individual | $5K | 1 |
| Ian Slome Slome Capital LLC | Individual Recent filing | $5K | 1 |
Built from the 100 largest itemized receipts processed by the FEC through March 17, 2026, plus the largest receipts in reports filed electronically through September 21, 2026 (marked "Recent filing").
Where its individual donors work
| Employer | Given | Donations |
|---|---|---|
| Fortress Investment Group | $100K | 1 |
| Null | $100K | 4 |
| The Scott Foundation | $95K | 4 |
| Software Applications Incorporated | $30K | 1 |
| Mark Gordon Pictures | $25K | 1 |
| Kla-Tencor | $15K | 2 |
| New Vintage Partners | $7K | 1 |
| Larger Than Life | $5K | 2 |
| Turningpoint Energy | $5K | 1 |
| No Employer | $5K | 1 |
Employer as reported by each donor, 2026 cycle, FEC processed totals. Retired, self employed and not employed donors are not shown.
Donors marked "No donor disclosure" are companies, LLCs or nonprofits. Unless they are themselves political committees, they do not have to report where their money came from. The disclosed trail ends there.
Primary Sources
- FEC committee page: fec.gov/data/committee/C00716423
- FEC filings: all reports filed by The Next 50 PAC
- Independent expenditures: fec.gov
- Receipts: fec.gov