Hybrid PAC · AZ · C00919472

Next Generation Action PAC

Runs two accounts: a limited one that can give to campaigns, and an unlimited one for independent ads.

First filed Sept. 11, 2025. Treasurer: Jeremie McCubbin. Connected organization: None. View on FEC.gov (opens in a new tab)

  • Raised (2025-26)
    $2,346,639
  • Spent
    $1,940,879
  • Cash on hand
    $405,760
  • Outside spending
    $0

Raised, spent and cash on hand through reports covering Oct. 14, 2026.

Where its money went

  • Given: the group’s own contributions to the campaign
  • Bundled: donors’ contributions the group collected and forwarded
  • For: outside spending supporting
  • Against: outside spending opposing

No candidate-level spending reported by these groups yet this cycle.

Bundled contributions (money donors route through a PAC to specific candidates) are broken out only for groups on our issue pages.

Who funds it

Largest single contributions this cycle. Committees and organizations link to their own pages when they file with the FEC; an organization that doesn’t file won’t show its own donors here.

Largest contributions received this cycle
ContributorTypeFromDateAmount
Michael NovogratzCEO, Galaxy Digital Holdings LTDPersonNew York, NYJune 11, 2026$500,000 (opens in a new tab)
Constantine DakoliasManaging Partner, Fortress Investment GroupPersonNew York, NYApril 24, 2026$500,000 (opens in a new tab)
Family Justice FundPACAncramdale, NYOct. 10, 2025$500,000 (opens in a new tab)
Michael NovogratzCEO, Galaxy Digital Holdings LTDPersonNew York, NYMarch 19, 2026$245,000 (opens in a new tab)
Michael NovogratzCEO, Galaxy Digital Holdings LTDPersonNew York, NYMarch 18, 2026$245,000 (opens in a new tab)
David E JohnsonDirector, LiquidiaPersonNew York, NYApril 10, 2026$25,000 (opens in a new tab)
Michael NovogratzCEO, Galaxy Digital Holdings LTDPersonNew York, NYSept. 24, 2025$25,000 (opens in a new tab)
Robert HorwitzNot Employed, Not EmployedPersonAncramdale, NYJune 17, 2026$10,000 (opens in a new tab)
Michael NovogratzCEO, Galaxy Digital Holdings LTDPersonNew York, NYFeb. 27, 2026$10,000 (opens in a new tab)

See every contribution to Next Generation Action PAC on FEC.gov (opens in a new tab). Contributions of $200 or less aren’t listed by name.