Skip to content
Project Curia

Financing

U.S. Senator · NC

Ted Budd

RepublicanSenate Class 3Term through January 2029

Funding profile · 2017–2022 term

22% of the money Budd raised came from small donors.

More grassroots-funded than 57% of the Senate.

Budd raised $14.9M across the full six-year Senate term (2017–2022), and ended the period with $272K cash on hand. Here is where the money came from.

22%from small donors
Small donors
22%$3.3M
Large donors
42%$6.2M
Bundled
7%$1.0M
PACs
10%$1.4M
Other
19%$2.9M

Against the senate

How Budd compares to the typical member.

Small-donor share
22%vs 19% senate median
PAC share
10%vs 14% senate median

Who has a stake in Budd

The organizations behind the money.

Budd's largest organized backing comes from Club For Growth. That counts the group's own PAC check plus the individual donations it bundled, not just the direct check.

Money organized for Budd

Club For Growth

$607K

Club for Growth's PAC and super PAC, backing anti-tax, small-government conservatives, often against Republican incumbents in primaries.

Who it funds, across Congress

0% Democrats · 100% Republicans · $2.7M to 39 members

Outside spending, by party

Spent $15.9M to elect Republicans; $27.5M to defeat Democrats.

House Freedom Fund$194K

The House Freedom Fund, the money arm of the hard-right House Freedom Caucus.

Who it funds, across Congress

0% Democrats · 100% Republicans · $2.0M to 34 members

Outside spending, by party

Spent $2.0M to elect Republicans; $61K to defeat Democrats.

Senate Conservatives Fund$192K

The Senate Conservatives Fund, a hard-right super PAC that backs insurgent Republicans against the party establishment.

Who it funds, across Congress

0% Democrats · 100% Republicans · $2.2M to 18 members

Outside spending, by party

Spent $8.5M to elect Republicans; $375K to defeat Democrats.

NORPAC$20K

A pro-Israel political action committee that bundles individual donations to candidates it judges supportive of the U.S. relationship with Israel.

Who it funds, across Congress

40% Democrats · 59% Republicans · $2.2M to 82 members

Capital One Financial Corp. Assoc. Political Fund$15K

Who it funds, across Congress

43% Democrats · 57% Republicans · $626K to 129 members

What is organized money?

An organization reaches a member two ways. Its own PAC writes a direct check. And it bundles: it gathers individual donations from its supporters and routes them through its conduit. Both count here as one “organized” total. The bundled part is already inside the individual giving shown in the funding mix above. Here it is regrouped by the organization that gathered it, so you can see who did the organizing. Buddreceived so many small earmarked donations that these figures count only the largest ones. Read every total as “at least.”

The same money, by industry

Which industries have a stake.

The same organized money, grouped by the industry of the organization that moved it. It shows the interests behind Budd's backing, not just the individual groups.

$1.1MIdeological
$201KFinance
$71KEnergy
$70KHealth
$52KAg & Food

Plus $682K from organizations whose FEC name did not sort into an industry.

The money spent about Budd

Spent for or against.

Outside groups also spend on their own to elect or defeat Budd, running ads for or against the race. This money never passes through the campaign, so it is counted apart from the money organized for Budd.

All outside groups56% to help, 44% to hurt$39.5M
  1. Senate Majority PAC$11.0M
    To help Budd
    To hurt Budd
    $11.0M

    The super PAC aligned with Senate Democratic leadership.

  2. Americans For Prosperity Action$9.3M
    To help Budd
    $9.3M
    To hurt Budd

    Americans for Prosperity Action, the super PAC of the Koch network, spending independently for mostly conservative candidates.

  3. Club For Growth$7.0M
    To help Budd
    $7.0M
    To hurt Budd

    Club for Growth's PAC and super PAC, backing anti-tax, small-government conservatives, often against Republican incumbents in primaries.

  4. Women Vote!$3.1M
    To help Budd
    To hurt Budd
    $3.1M
  5. Opportunity Matters Fund$1.9M
    To help Budd
    $1.9M
    To hurt Budd

FEC filings, 2017–2022 term · as of August 2026 · showing the top 5 funders of 356 organizations with a stake

About this data

FEC-disclosed receipts for the 2017–2022 term. This is the disclosed money only. Spending by outside groups that do not reveal their donors, the dark money that set a record in 2024, never appears in these figures.

Every percentage here is a share of all receipts, not of individual contributions only. So the small-donor share counts transfers, loans, and other money in its base, and can read higher than figures that divide only by individual money.

PAC figures are contributions to Budd's campaign committee from FEC filings. Industry labels are grouped from each committee's name and are approximate. Joint fundraising committees and small-dollar conduits like ActBlue and WinRed are not counted.

84%want dark money disclosed

Support for requiring the groups that spend on elections to name their donors, across both parties. Congress has not passed the DISCLOSE Act.

Where Budd stands