Political leanings: Republican/Pro-Nikki Haley
2022 total spending: N/A
SFA Fund Inc. is a political action committee supporting the presidential campaign of Nikki Haley, a former South Carolina governor and U.N. ambassador.
Its website says Haley is the “leadership America deserves,” and highlights her main policy issues as “creating jobs & opportunity, protecting the unborn, protecting U.S. interests abroad, securing our southern border” and “stop[ping] China.” The lead strategist for the SFA Fund is Mark Harris, a Republican political consultant.
Operating as a hybrid PAC, also known as a “Carey committee,” the organization has the flexibility to serve as a super PAC, raising unlimited funds for independent expenditures, and as a traditional PAC, providing direct financial support to candidates. However, it is required to use separate bank accounts for each designated purpose.
As of June 30, SFA Fund had raised roughly $18.7 million, according to its filings with the Federal Election Commission. The PAC received $5 million in contributions from Ukrainian-American businessman Jan Koum, the billionaire co-founder of WhatsApp. It also received $1 million from Haley’s leadership PAC, Stand for America PAC, which was formed in 2021, as well as $770,000 from Team Stand for America, an affiliated joint fundraising committee.
SFA Fund says it is only focused on electing Haley president.
As of Jan. 4, SFA Fund had paid more than $23 million to run TV and digital ads, according to data from AdImpact, a service that tracks political advertising and spending. Many of the ads are supportive of Haley, her record and her proposed policies. But several ads attack other candidates, specifically Florida Gov. Ron DeSantis, a fellow candidate in the GOP presidential primary, and President Joe Biden, whom Haley could potentially face in the general election in 2024.
In late November, Forbes reported that the pro-Haley super PAC had spent at least $3.6 million on anti-DeSantis ads, primarily in Iowa and New Hampshire, which hold the first two nominating contests in the Republican primary process.
FactChecking SFA Fund Inc.: