Nov 7, 2024 Story by: Editor
Rep. Joyce Beatty, a Democrat from Ohio serving on the Financial Services Committee, is approaching her next election in 2024 with a strong financial backing. First elected in 2012, Beatty has consistently attracted substantial campaign contributions, with the 2023-2024 cycle being no exception. Her largest financial support this cycle has come from the insurance industry, which has contributed $194,170, underscoring her ties to sectors directly relevant to her committee work.
Among Beatty’s top contributors, the American Israel Public Affairs Committee (AIPAC) leads with a total of $45,050, composed of $40,050 from individual supporters and an additional $5,000 from PAC funds. Other major contributors include the National Association of Realtors, which has provided $34,000, and the Service Employees International Union, with $20,000 in donations. Nationwide, a major insurance and financial services provider, contributed $17,550, while Apollo Global Management provided $14,400.
As of her last campaign finance report, submitted on October 16, 2024, Rep. Beatty’s campaign has raised $1,680,947 in total. Her campaign expenditures have reached $1,203,078, leaving her with $2,635,351 in cash on hand and a modest debt of $2,500. This financial reserve positions her well as she gears up for the 2024 election.
In terms of her campaign’s funding sources, PAC contributions play the most significant role, making up about 71.8% of her total funds, or $1,207,025. Contributions from large individual donors amount to $443,278, representing 26.37% of her funding. Small donations, under $200 each, total $29,745, accounting for just 1.77% of her contributions, while other sources contribute a minimal $900. With this solid financial foundation, Rep. Beatty enters the upcoming election cycle with substantial resources to support her campaign efforts. Source: Open Secrets
