The Adelsons gave the massive sum to Preserve America PAC, accounting for roughly 90 percent of the group’s fundraising in September, according to a person familiar with the group’s finances who shared details with POLITICO ahead of the group’s campaign finance filing.
The money for Preserve America brought the Adelsons’ giving to Republican candidates and committees to a whopping $176 million for the 2020 election cycle, according to FEC data. The couple had previously given $50 million to Senate Leadership Fund, the GOP super PAC focused on defending the Senate majority. An additional $40 million in donations to the Congressional Leadership Fund, the Republican super PAC focused on the House, was revealed in new filings late Thursday night.
The donations come as Trump’s once yawning cash advantage over Biden has crumbled. Biden announced Wednesday that he and his affiliated committees raised a record-smashing $383 million in the month of September, and they entered the final stretch of the race with $432 million in the bank.