PROTECT PROGRESS

An $11.6 million receipt line with a $350,000 individual share

Individual contributions of $350,000.00 are about 3.0% of $11,600,001.01 in receipts. The other $11,250,001.01 of inflows sits in FEC receipt categories this packet does not name. PROTECT PROGRESS shares the small-individual pattern with DEFEND AMERICAN JOBS in this packet set — both show a $350,000 individual line under a much larger receipt total.

A 3% individual share does not mean the committee is small. It means most reported money is coded as something other than individual contributions. Counterparties are not in this packet. Itemized schedules on FEC.gov for C00848440 are the next documents.

Cite the packet facts in this order: $11,600,001.01 received, $7,449,924.99 disbursed, $350,000.00 individual, treasurer Brandon Philipczyk, St. Paul, Minnesota, committee C00848440. About 3.0% of receipts are coded individual. About 64.2% spend-through is a majority outflow. The $11,250,001.01 remainder of receipts is unnamed other categories.

St. Paul and Brandon Philipczyk identify this filing. They are not a license to merge C00848440 with any other committee that shares a treasurer string. Independent-expenditure-only status means Super PAC Form 3X. Progress is branding. Minnesota as the address of record is not a spending map. Keep these totals off of candidate Form 3 ledgers.

Disbursements of $7.4 million, about 64.2% of receipts

Total disbursements are $7,449,924.99. Against $11,600,001.01 in receipts, spend-through is about 64.2%. PROTECT PROGRESS has reported spending a majority of inflows while leaving a gap this packet does not label as cash on hand.

Protect and progress are name words. They do not prove the $7.4 million was independent expenditures of a particular type. Form 3X disbursement totals mix operating costs and IE activity until you open the schedules.

Form 3X is the report family behind PROTECT PROGRESS's $11,600,001.01 receipt total and $7,449,924.99 disbursement total. Those two lines produce about 64.2% spend-through on committee C00848440. Individual contributions of $350,000.00 are about 3.0% of receipts. Treasurer Brandon Philipczyk and the St. Paul, MN, address of record identify the Super PAC on FEC.gov. Independent-expenditure-only status means these figures are not a candidate's Form 3 campaign report. They are not cash on hand. They are not an endorsement. Open the committee overlay for the tables, the Super PAC tracker for other type-O committees, and the PAC directory when the name collides. Stay inside those three links.

Questions

How much has PROTECT PROGRESS Super PAC raised?

Committee C00848440 reported $11,600,001.01 in total receipts and $7,449,924.99 in total disbursements on FEC Form 3X aggregates. Individual contributions are $350,000.00. Treasurer of record is Brandon Philipczyk.

Why are individual contributions only $350,000?

That is the individual-contribution aggregate in this packet. About 3.0% of $11,600,001.01 in receipts is coded as individual. The remaining $11,250,001.01 is other FEC receipt types not listed here.

Where is PROTECT PROGRESS registered?

The city and state of record are St. Paul, Minnesota. An address of record does not limit independent expenditures to Minnesota. The FEC committee ID is C00848440.

Is PROTECT PROGRESS a Super PAC?

Yes. It is flagged as independent-expenditure-only. Totals are committee filings, not a candidate campaign report and not an endorsement.