Oct 24, 2024 Story by: Editor
Representative Valerie Foushee’s Fundraising and Contributions Overview (D – NC)
Valerie Foushee, a Democratic Representative from North Carolina, was first elected to Congress in 2022 and will be up for re-election in 2024. She currently serves on the influential House Transportation and Infrastructure Committee, a role that positions her at the forefront of legislative discussions on national transit and infrastructure issues.
Foushee’s campaign for the 2023-2024 election cycle has seen significant support from various industries and contributors. Retirees emerged as the top contributing industry, collectively donating $68,023. Duke University stands out as her top individual contributor, providing $11,533 for her campaign.
In terms of overall fundraising, Foushee’s primary campaign committee and her leadership PAC, Longleaf PAC, have raised $633,323 during the 2023-2024 cycle. Despite raising substantial funds, her expenditures have totaled $680,058, leaving her campaign with a remaining cash balance of $80,976 and no outstanding debts. The most recent financial report was filed on October 16, 2024.
Some of Foushee’s top financial supporters include the American Israel Public Affairs Committee (AIPAC), contributing $437,705. Duke University and the University of North Carolina at Chapel Hill. Specifically, Duke University contributed $11,533, all from individual donors, while UNC-Chapel Hill provided $10,861, also from individuals. AIPAC contributed 437,705. Other notable contributors are the American Federation of State, County, and Municipal Employees and the Jobs Education & Families First PAC, each donating $10,000.
Foushee’s campaign has also received substantial support from several industries. Beyond retirees, who contributed $68,023 exclusively from individual donations, leadership PACs added $43,370, and transportation unions contributed $41,000. The education sector provided $35,523, while public sector unions contributed $30,503, primarily through PACs.
A breakdown of Foushee’s total fundraising shows that PAC contributions make up a significant portion, accounting for 50.15% or $319,895. Large individual contributions follow, totaling $217,399 or 34.08% of her funds. Small individual contributions, defined as donations under $200, contribute $100,585, or 15.76% of her fundraising. The campaign did not include any self-financing, and there was a slight negative adjustment of -$4,555 categorized as “Other.”
This financial report highlights Foushee’s strong reliance on PACs and large individual contributions, which form the backbone of her campaign funding strategy. Source: Open Secrets
