# Hendricks 25M to MAGA Inc **FEC receipt dated March 16, 2026; publicly reported mid-July 2026.** Federal Election Commission filings show a **$25,000,000** itemized receipt from **Hendricks Holding Co.** — the filing vehicle of Beloit, Wisconsin billionaire [[Diane Hendricks]] — to **[[MAGA Inc]]**, the Trump-aligned super PAC. It is the largest recorded political donation of Hendricks's career, and at the time it was the largest single contribution MAGA Inc had ever received. Miriam Adelson tied it with a **$25M** contribution in **May 2026**. ## Terms | Item | Detail | |---|---| | FEC receipt date | **2026-03-16** | | Publicly reported | 2026-07-15 → 07-21 | | Amount | **$25,000,000** | | Filer of record | Hendricks Holding Co. | | Recipient | [[MAGA Inc]] (Make America Great Again Inc.) | | Context | MAGA Inc entered April 2026 with roughly $348M on hand | ## Why this file exists: it was a hole in the ledger, not a new event This is a **backfill**, and the reason it matters is what it says about the vault's own coverage rather than about Hendricks. **The disclosure lag.** The receipt is dated March; the disclosure landed in July. The fix is a disclosure-date pass, not a longer lookback: sweep FEC filing waves when they post, not the news cycle around them. ## Significance - **High.** Hendricks moves from a mid-tier recurring Republican donor to the top tier of the 2026 cycle in a single transaction. - **The vehicle matters.** The receipt is filed by **Hendricks Holding Co.**, not by Hendricks personally — a corporate filer, which is legal for a super PAC and which routes the contribution through the ABC Supply holding structure rather than her personal accounts. - **Wisconsin implication.** Hendricks's political spending has historically concentrated on Wisconsin state politics. A $25M federal super-PAC gift is a change in both scale and arena. ## Open questions - **Was there follow-on giving after March?** Only the March 16 receipt is confirmed here. ## Connects to - [[Diane Hendricks]] — donor page - [[MAGA Inc]] — recipient - [[Brockman 25M to MAGA Inc]] — the matching $25M gift already in the ledger - [[Yass 16M to MAGA Inc]] · [[Mellon 2M to MAGA Inc Early 2025]] · [[Mellon 2M to MAGA Inc Late April 2025]] - [[Adelson 2026 Cycle Megadonations Aggregate]] — ⚠️ does not appear to carry the May 2026 $25M MAGA Inc gift that tied this one; worth checking ## See Also - [[Deals Hub]]