Soros political network channels $102 million into Democrats ahead of midterms

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Soros $102M to Democrats midterms

Highlights

Soros-linked organizations directed $102 million to Democracy PAC in 2024, with half from Geosor Corp and the rest from Open Society Foundations’ Fund for Policy Reform.
Democracy PAC spent nearly $42 million by June 30 supporting Senate, House, and state contests, aiming to boost Democrats in competitive races against Republican fundraising.
Emerson College's September 24 poll shows Democrats leading Republicans by 11 points among likely voters, and Cook Political Report gives Democrats a 49% to 47% edge in 37 competitive House races.

Funding flow and election-cycle strategy

As reported by Fortune, citing Federal Election Commission records, Soros-linked organizations donate $102 million to Democracy PAC, the political action committee founded by Soros in 2019. Roughly half of that total comes from Geosor Corp, his private investment company, while the remainder comes from the Fund for Policy Reform, a nonprofit within the Open Society Foundations network chaired by his son, Alex Soros.

Democracy PAC has spent nearly $42 million by the end of June, directing money to groups active in Senate, House and state-level contests. That structure allows Soros-backed funding to move through organizations that can focus spending on the most competitive races as Democrats work to offset Republican fundraising strength.

The latest contribution extends Soros's long-running pattern of large-scale political giving. OpenSecrets says he gave Democrats $128 million in the 2022 midterm cycle, while FEC records show Democracy PAC raised more than $81 million in the 2020 election cycle and nearly $72 million in the 2024 cycle.

Polling momentum and wider political pressure

Recent surveys suggest Democrats are improving their standing as the election approaches. Emerson College's Sept. 24 poll shows Democrats with an 11-point advantage over Republicans among likely voters, while The Cook Political Report finds Democrats leading 49% to 47% in 37 competitive House races.

Those districts backed President Donald Trump by an average of five points in 2024, indicating Democrats are strengthening their position in constituencies likely to help decide control of the House. This is also the first congressional cycle since George Soros transferred control of his political operation to Alex Soros in 2023, adding another layer of scrutiny to the family's role in Democratic financing.

Soros's political activity continues to draw attacks from the Trump administration and conservative critics. Last year, Trump accused George and Alex Soros of supporting violent protests and told federal prosecutors to prepare an investigation into Open Society Foundations, an allegation the organization calls outrageous and false.

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