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Hybrid PAC (with Non-Contribution Account) - Qualified

Way Back PAC

FEC committee C00824342. Last filed October 13, 2026.

Data pulled from the FEC on October 20, 2026.

FEC C00824342Last filed 2026-10-13Totals through 2026-09-30

The short version

  • Raised $9.6M and spent $9.7M in the 2026 cycle, through September 30, 2026.
  • Biggest target: $21K supporting Ben Mcadams.
  • Largest donor on record: Western Futures Fund (Political committee), $1.2M.

What it is

Way Back PAC is registered with the FEC as a hybrid PAC, connected to Western Futures Fund. In 2026 it has reported $28K in independent expenditures across 2 races, 100% of it helping Democrats.

The Mechanism

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

TypeHybrid PAC (with Non-Contribution Account) - Qualified
Connected organizationWestern Futures Fund
TreasurerLance, Ryan
Registered inWyoming
First filed with the FECSeptember 2, 2022
Websitewaybackpac.com
$9.6MRaised, 2026 cycle
$9.7MSpent, 2026 cycle
$325KCash on hand
$36KIndependent expenditures
$166KGiven to candidates

Who it supports and opposes

Independent expenditures from its 24 and 48 hour notices, 2026 cycle.

PositionCandidateRaceGeneralPrimary or other
SupportBen Mcadams DUT-01 House$0$21K
SupportNoah Taylor DKS Senate$0$7K

Direct contributions to candidates

RecipientGivenChecks
Montana Freedom PAC FEC$900K2
Fight for Nebraska PAC$755K3
Conservatives 4 Montana$500K3
Defend and Protect Idaho$375K4
Lynne Walz for Nebraska$300K2
Government That Works PAC$235K3
Hometown Heroes PAC$175K3
John Ewing for Omaha$125K2
Montanans for Responsible Stewardship$100K1
Idaho First$100K1
Wheel Dog PAC$100K1
Working Montanans$100K1
Western Futures Fund$75K1
Global Strategy Group$73K1
Montana Democratic Legislative Campaign Committee$55K3
Grassroots Dakota$50K1
Friends of Joshua Boschee$50K2
Rob Sand for Iowa$50K2
Fairbank, Maslin, Maullin, Metz, & Associates$46K1
Blueprint Public Affairs$31K5
People for Better Utah PAC$30K1
Onward Lincoln$25K1
Blue Majority Project FEC$25K1
Kati Jo for Utah$21K1
Fireweed Campaigns$20K1

Largest itemized contributions processed by the FEC, 2026 cycle.

Who funds it

Donor mix

70%of its money came from its 10 largest named donors
0%came from small donors giving $200 or less
SourceAmountShare
Small donors, $200 or less (not named)$1K0%
Individuals giving over $200 (named)$166K2%
Other receipts (companies, nonprofits, a hybrid PAC's unlimited account)$9.4M98%
Total raised$9.6M100%

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

DonorTypeGivenChecks
Western Futures FundPolitical committee$1.2M3
CivitechOrganization No donor disclosure$1.0M1
Green Advocacy ProjectOrganization No donor disclosure Recent filing$1.0M1
Western Futures FundPolitical committee Recent filing$1.0M1
ToolboxOrganization No donor disclosure$660K3
ToolboxOrganization No donor disclosure Recent filing$550K3
Michael Moritz HRTG PartnersIndividual Recent filing$500K1
North FundOrganization No donor disclosure$300K1
Debra Ann Efroymson Not-EmployedIndividual$268K5
Rory John Gates Afghan War CommissionIndividual$250K2
Americans For FairnessOrganization No donor disclosure Recent filing$250K1
Gwendolyn M Sontheim Self-EmployedIndividual Recent filing$250K1
Rory John Gates Afghan War CommissionIndividual Recent filing$250K1
Reid G Hoffman Greylock PartnersIndividual Recent filing$250K2
Michael Novogratz Galaxy DigitalIndividual$200K1
Noah D. Stein Self-EmployedIndividual$155K5
Anthony Davis Inherent GroupIndividual$150K1
Laurie Michaels Not-EmployedIndividual$105K3
Michelle M. Boyers Give Forward FoundationIndividual$100K2
Lisa Mennet Cooper HouseIndividual$100K2
Samuel R Walton Restoration Works LLCIndividual$100K2
Regan Pritzker Tao Capital Partners LLCIndividual$100K2
Wisconsin Future Rising Inc.Organization No donor disclosure Recent filing$100K1
Debra Ann Efroymson Not-EmployedIndividual Recent filing$100K1
Noah D. Stein Self-EmployedIndividual Recent filing$75K1

Built from the 100 largest itemized receipts processed by the FEC through June 26, 2026, plus the largest receipts in reports filed electronically through September 30, 2026 (marked "Recent filing").

Where its individual donors work

EmployerGivenDonations
Null$2.2M10
Afghan War Commission$250K2
Galaxy Digital$200K1
Not-Employed$177K45
Inherent Group$150K1
Cooper House$100K2
Give Forward Foundation$100K2
Tao Capital Partners LLC$100K2
Valve Corporation$50K2
Cumming Foundation$50K2

Employer as reported by each donor, 2026 cycle, FEC processed totals. Retired, self employed and not employed donors are not shown.

The Gap

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

  1. FEC committee page: fec.gov/data/committee/C00824342
  2. FEC filings: all reports filed by Way Back PAC
  3. Independent expenditures: fec.gov
  4. Receipts: fec.gov
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