Andy Beshear PAC tops $1.4 million in fundraising for first half of 2025
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- Beshear’s PAC raised over $1.44 million in first half of 2025 in national push.
- In This Together backed key races, including $143K for Wisconsin's court contest.
- Top donors included affordable housing developers and high-profile philanthropists.
A second report on Gov. Andy Beshear’s national political organization, In This Together PAC, shows the governor is bringing in thousands of dollars as his national profile continues to rise.
Beshear added, in total, more than $1.44 million to the coffers of his political action committee in the first six months of 2025, according to reports filed to the Federal Elections Commission and the Internal Revenue Service.
The latest report, published by the Internal Revenue Service on Friday, shows a surge in out-of-state fundraising into the PAC from January to June 2025.
The Federal Elections Commission report was made public earlier this month.
In addition to donations, the IRS report reveals other political causes and candidates that In This Together has supported this calendar year.
Two payments in March on direct mail for Susan Crawford, a liberal-leaning justice who won a seat to the Wisconsin Supreme Court, amounted to $143,600. The contest between Crawford and her opponent this year was the most expensive judicial election in American history, topping $100 million in total, with billionaires like George Soros funding efforts to help her and Elon Musk chipping in for her opponent.
In This Together also contributed $25,000 to a PAC supporting Katie Hobbs, the Democratic governor of Arizona.
The group has raised about $4 million total since Beshear created it in the wake of his 2023 reelection victory.
The biggest donation in this current year came from a man who has become the group’s most significant donor. Andrew Schwartzberg of Maryland gave In This Together $225,000 in March of this year. Combined with a $250,000 donation last year, he’s donated $475,000 in total.
Schwartzberg leads Preservations Services LLC, a real estate business with a focus on government-assisted affordable housing.
The second-biggest donor to Beshear’s PAC was Maegan Ford Nicholson, of Dallas. Nicholson is the daughter of Gerald J. Ford, a billionaire Texas bank executive who owns Diamond A Farms in Versailles. Nicholson donated $100,000 to the PAC in April.
Three others donated $50,000.
Christopher Dischinger is, like Schwartzberg, an affordable housing developer. He founded LDG Development, a Louisville-based company that is one of the nation’s leading firms in affordable housing, and donated $50,000 in April.
Christian Larsen, a San Francisco entrepreneur who co-founded the cryptocurrency company Ripple, gave $50,000.
John and Marcia Goldman donated a collective $50,000 to In This Together in May. John Goldman is a retired insurance executive, philanthropist and descendant of apparel titan Levi Strauss.
Other major donors to the PAC between January and June included former Lexington mayor, current Kentucky transportation secretary and newly minted University of Kentucky board of trustees member Jim Gray. Gray gave $25,000 to the PAC on April 1. Another board member, Edward “Britt” Brockman, gave the PAC $15,000 two days before Gray’s donation.
Two other board members and one member emeritus gave $5,000, according to the Federal Elections Commission report, the same day as Gray.
Other major donors include Tracy Farmer, a longtime Central Kentucky political donor, businessman and horse owner. He gave $25,000.
Morgan Chu, a California attorney who, according to the Los Angeles Times, has secured more than $9 billion in verdicts, contributed $25,000 to In This Together in March.
Peter Morton, of West Hollywood, contributed $25,000 in April. He co-founded the Hard Rock Cafe franchise. In 2018, the $110 million sale of his Malibu home broke a record for the most expensive home sale in Los Angeles history.
Two big names in Kentucky business dropped $20,000 into the PAC’s coffers. Greg Fischer of Covington chairs The Fischer Group, the Northern Kentucky region’s largest housing builder. He donated his $20,000 in June.
Jonathan Blue leads his own Louisville private equity company, Blue Equity. He gave In This Together $20,000 in January. Blue Equity owns several Liquor Barn locations and has holdings in oil & gas, media, talent representation and more.
The contributions to Beshear’s PAC come as discussions about who might run for president in 2028 start to percolate.
Beshear has not been bashful about the prospect of offering himself up as a candidate, and has been making many moves one would expect of an aspiring candidate: the PAC activity, touring early primary states, his upcoming Democratic Governors Association role, crisscrossing the country for speaking engagements and more
Taken as a whole, the funds brought in by Beshear to his In This Together rival any other potential 2028 candidate with a similar group. Pete Buttigieg, the former mayor of South Bend, Indiana who ran a competitive race in the 2020 Democratic primary, brought in slightly more to his Win The Era PAC during the first half of this year.