Skip to content

Fred Eychaner Gives $4 Million to Democratic Super PAC

On the second day of Spring, a Chicago multi-millionaire gave a $4 million contribution to a Democratic Super PAC hoping to keep the U.S. Senate in the hands of Democrats.

The Senate Majority PAC reported it had receipts of $11,074,108 and disbursements of $5,749,330 during the first quarter, leaving $8,530,805 cash on hand as of March 31st.

The major donor was Fred Eychaner, chairman of Newsweb Corporation (IL), who gave $4 million on March 21st. In the 2011-2012 cycle, Eychaner gave $14,050,000 to Democratic super PACs.

James Simon, president of Euclidean Capital LLC (NY) gave $2 million. In the 2011-2012 cycle, Simon gave $9,575,000 to Democratic super PACs.

The other major donors were the Working for Working Americans $1 million; the United Association gave $500,000; the Campion Advocacy Fund gave $400,000; the UAW Education Fund $250,000; the American Federation of teachers $250,000; the American Federation of State, County and Municipal Employees $500,000; the Engineers Political Education Committee $200,000; the American Association for Justice $200,000.

Other donors included James Atwood, managing partner of the Carlyle Group (NY) $250,000; Sen. John D. Rockefeller IV, D-W.Va., (DC) $250,000; and Jon Stryker, president of Depot Landmark LLC (MI) $250,000; among others.

The Super PAC sent $475,000 to Put Alaska First PAC. The committee paid $390,211 to Waterfront Strategies for media buys.

Recent Stories

Rule for emergency aid bill adopted with Democratic support

Biden administration updates campus protections for LGBTQ students, assault victims

Rule for debate on war supplemental heads to House floor

Democratic lawmaker takes the bait on Greene ‘troll’ amendment

Kansas Rep. Jake LaTurner won’t run for third term

At the Races: Impeachment impact