# Mandel 2.5M to MD PAC October 2026
[[MD PAC]] (FEC **C00911321**) disclosed **$2,500,000.00** from two individuals on its pre-general
Form 3X — **file 2034133**, coverage 2026-10-01 to 2026-10-14, received 2026-10-21 at 10:50:23.
| Payer | Amount | Date | Line | Entity | Occupation |
|---|---|---|---|---|---|
| [[Stephen Mandel]] | $1,250,000.00 | 2026-10-01 | `SA17` | `IND` | Investor, self-employed |
| [[Sue Mandel]] | $1,250,000.00 | 2026-10-01 | `SA17` | `IND` | Investor, self-employed |
Both rows give the same Greenwich, Connecticut post-office box and both close at a row aggregate of
**$4,925,000.00**, which means the committee had already taken roughly $2.4 million from this pair
earlier in the cycle beyond these two rows.
⚠️ **Line 17 is Other Federal Receipts.** The money went into the committee's non-contribution
(independent-expenditure) account, not to candidates, and this page does not present it as a candidate
contribution. The line number is part of the fact.
## Why it matters
Two matched seven-figure cheques on the same day from one household is the giving pattern of a couple
funding a vehicle they control or closely back, rather than responding to a solicitation. Each cheque
on its own clears the $1 million individual threshold this site uses, which is why the pair gets a page
while most October individual giving does not.
## Open questions
- **Which Stephen and Sue Mandel.** The filing gives surnames, first names, a PO box and
"Investor / Self Employed". No second source has been matched, so neither person page asserts an
identification.
- **What MD PAC spends on.** No independent expenditure from C00911321 has surfaced in this task's
sweeps, so $4.9 million has gone in with no disclosed output yet. The disbursement side of file
2034133 has not been read.
## Verification
Read from the raw filed document. Both rows are unflagged originals on an `F3XN` periodic report with
contribution dates inside the coverage period; no amendment form code and no memo code at field 42, so
Rules 4a, 4g and 4j do not apply.
⚠️ **First read** from the 2026-10-21 tranche.