Super PAC (Independent Expenditure-Only)
Fairshake
FEC committee C00835959. Last filed October 8, 2026.
FEC C00835959Last filed 2026-10-08Totals through 2026-08-31
The short version
- Raised $137.9M and spent $93.9M in the 2026 cycle, through August 31, 2026.
- Biggest target: $9.9M opposing Juliana Hon. Stratton.
- $6.1M in general election independent expenditures reported in 24 and 48 hour notices.
- Largest donor on record: Ripple Labs Inc. (Organization), $48.0M.
What it is
Fairshake is registered with the FEC as a super PAC, connected to Protect Progress. In 2026 it has reported $19.1M in independent expenditures across 9 races, 84% of it helping Republicans.
A super PAC can raise unlimited amounts from individuals, companies, unions and other groups. It cannot give money directly to candidates or coordinate its spending with them. It spends independently, mostly on ads.
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 | Super PAC (Independent Expenditure-Only) |
|---|---|
| Connected organization | Protect Progress |
| Treasurer | Philipczyk, Brandon |
| Registered in | Minnesota |
| First filed with the FEC | March 23, 2023 |
Who it supports and opposes
Independent expenditures from its 24 and 48 hour notices, 2026 cycle.
| Position | Candidate | Race | General | Primary or other |
|---|---|---|---|---|
| Oppose | Juliana Hon. Stratton D | IL Senate | $0 | $9.9M |
| Oppose | La Shawn Rep. Ford D | IL-07 House | $0 | $2.4M |
| Support | Bryan Steil R | WI-01 House | $1.0M | $0 |
| Support | Janelle Rep. Bynum D | OR-05 House | $1.0M | $0 |
| Support | French Rep. Hill R | AR-02 House | $1.0M | $0 |
| Support | Bill Huizenga R | MI-04 House | $1.0M | $0 |
| Support | Derek Rep. Tran D | CA-45 House | $1.0M | $0 |
| Support | Steven Rep. Horsford D | NV-04 House | $1.0M | $0 |
| Oppose | Robert Sen. Peters D | IL-02 House | $0 | $735K |
Direct contributions to candidates
| Recipient | Given | Checks |
|---|---|---|
| Defend American Jobs | $37.0M | 6 |
| Protect Progress FEC | $33.0M | 6 |
| Internal Revenue Service | $2.2M | 1 |
| Universal Navigation Inc., dba Uniswap Labs | $1000K | 1 |
| Gragert Research | $959K | 9 |
| Impact Research | $893K | 18 |
| Schoen Survey Research | $490K | 9 |
| Global Strategy Group | $415K | 9 |
| Covington & Burling Llp | $393K | 6 |
| Guidant Polling and Strategy | $362K | 5 |
| Robert Leshner | $300K | 1 |
| Hart Research Associates | $251K | 7 |
| Dockside Strategies | $215K | 8 |
| Tulchin Research | $189K | 4 |
| Clarity Campaign Labs LLC | $162K | 2 |
| Fabrizio Lee | $102K | 2 |
| Adimpact | $100K | 1 |
| Kinetic Campaigns | $62K | 2 |
| Reger Research | $60K | 1 |
| David Binder Research | $50K | 1 |
| Coinbase Commerce (Exchange) | $33K | 1 |
Largest itemized contributions processed by the FEC, 2026 cycle.
Who funds it
Donor mix
| Source | Amount | Share |
|---|---|---|
| Small donors, $200 or less (not named) | $588 | 0% |
| Individuals giving over $200 (named) | $99.1M | 72% |
| Other receipts (companies, nonprofits, a hybrid PAC's unlimited account) | $38.6M | 28% |
| Total raised | $137.9M | 100% |
FEC committee totals, 2026 cycle, through August 31, 2026. The 10 largest donors include recent electronic filings, so their share can run ahead of these totals.
100% from 10 donors
Largest named donors
| Donor | Type | Given | Checks |
|---|---|---|---|
| Ripple Labs Inc. | Organization No donor disclosure | $48.0M | 2 |
| Coinbase Commerce (Exchange) | Organization No donor disclosure | $27.5M | 5 |
| Coinbase | Organization No donor disclosure | $25.0M | 3 |
| Ah Capital Management | Organization No donor disclosure | $23.8M | 1 |
| Amalgamated Bank | Organization No donor disclosure | $11.1M | 38 |
| Digital Currency Group, Inc. | Organization No donor disclosure | $1.0M | 1 |
| Universal Navigation Inc., dba Uniswap Labs | Organization No donor disclosure | $1000K | 1 |
| Robert Leshner Employer: Superstate, Inc. | Individual | $300K | 1 |
| Targeted Platform Media | Organization No donor disclosure | $189K | 2 |
| Main Street Media Group | Organization No donor disclosure | $28K | 1 |
| Solana Policy Institute | Organization No donor disclosure | $10K | 1 |
| Aersf | Organization No donor disclosure | $2K | 1 |
| Aaron Gilbert Boston Evening Therapy Associates | Individual | $350 | 1 |
| Michael Miller Retired | Individual | $350 | 2 |
Built from the 100 largest itemized receipts processed by the FEC through August 31, 2026.
Where its individual donors work
| Employer | Given | Donations |
|---|---|---|
| Null | $83.2M | 10 |
| Ah Capital Management | $23.8M | 2 |
| Employer: Superstate, Inc. | $300K | 1 |
| Boston Evening Therapy Associates | $350 | 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/C00835959
- FEC filings: all reports filed by Fairshake
- Independent expenditures: fec.gov
- Receipts: fec.gov