# Project Bullhorn Action Fund 1.5M to Project Bullhorn PAC
**[[Project Bullhorn PAC]]**, FEC committee **C00947374**, disclosed **$1,500,000.00** from
**[[Project Bullhorn Action Fund]]** on its **Q3 2026 Form 3X** — file **2021439**, `F3XN`, received
**2026-10-14**.
🔴 **This is the committee's first Form 3X and the first disclosure of any funder.** The vault's page on it
has carried exactly that as an open question since 2026-10-06.
## Terms
| Item | Detail |
|---|---|
| Grantor | **Project Bullhorn Action Fund Inc.** — entity type `ORG`, **490 Post St Suite 500 #2072, San Francisco CA 94102**, no FEC committee ID |
| Recipient | **Project Bullhorn PAC**, FEC **C00947374**, **490 Post Street Ste 500 #3072, San Francisco CA 94102** — treasurer **Laurie Van Hall** |
| Amount | **$1,500,000.00**, one row |
| Receipt date | **2026-09-30** — the last day of the coverage period |
| FEC line | **SA11AI** — Line 11(a)(i), memo text "Monetary contribution". ⚠️ An organisational grantor on the *individual* contribution line |
| Row aggregate | **$1,500,000.00** — first and only on this record |
| Disclosed | **Form 3X (`F3XN`)**, Q3 2026, file **2021439**, received **2026-10-14** |
| Amendment / memo status | **original** form code, **no** memo flag — live money, not an amendment or a restatement |
## The shared address
| Entity | Address of record |
|---|---|
| Project Bullhorn Action Fund Inc. | 490 Post St **Suite 500 #2072**, San Francisco CA 94102 |
| Project Bullhorn PAC | 490 Post Street **Ste 500 #3072**, San Francisco CA 94102 |
Same building, same suite, adjacent mailbox numbers, matching names. **The honest caveat: an affiliated
"Action Fund" at a shared mail-drop is an ordinary and legal structure, and this is not evidence of
wrongdoing** — it is a note about where disclosure stops.
## Why it matters
- **It is the mirror image of the Republican-side builds in this same tranche.** The structure —
a non-filing entity at the committee's own address supplying the committee's money — is the same shape as
[[Per Apsera Policy 2M to Buckeyes PAC]] on the other side of the aisle, filed on the same receipt date.
Recording both is the point.
- **It moves the question one step, it does not answer it.** The vault asked whether this committee's money
is tech-sector. A San Francisco "Action Fund" with no tax disclosure read does not establish that, and
this page does not claim it.
- **$1,500,000.00 against roughly $255,000.00 of disclosed spending.** The committee's only read notice is
the 2026-10-04 digital-and-field buy for [[Josh Turek]]; the funding is roughly six times it, so most of
this money is either unspent or in notices not yet read at file level, 20 days from the election.
## Open questions
- The Action Fund's tax status, officers and funders. Corporate or tax records this task cannot reach.
- Where the remaining ~$1.2M goes in the final three weeks.
## Sources
- FEC Form 3X, Q3 2026, file **2021439** — `https://docquery.fec.gov/dcdev/posted/2021439.fec`
## See Also
- [[Project Bullhorn PAC]] · [[Project Bullhorn Action Fund]] · [[IA-Sen-2026]]
- [[Josh Turek]] · [[Ashley Hinson]] · [[WinSenate]]
- [[Per Apsera Policy 2M to Buckeyes PAC]] · [[Dark Money]] · [[Super PACs]] · [[Deals Hub]]