# The 218 Fund
A federal political committee that **registered with the FEC on 2026-10-09**, twenty-five days before the
2026 general election. 218 is the number of seats that constitutes a majority in the U.S. House.
## What the Form 1 says
| Field | Value |
|---|---|
| FEC committee ID | **C00963363** |
| Address of record | Austin TX |
| Treasurer and custodian of records | **Cabell Hobbs** (same address) |
| Compliance contact | `
[email protected]` |
| Depository | **Chain Bridge Bank**, 1445-A Lughlin Ave, McLean VA |
| Signed and filed | **2026-10-09** |
| Affiliated committee (Form 1S) | **Alaskans for Nick Begich**, FEC **C00792341**, designation `H` |
🔴 **The committee type is OPEN.** Form 1 field 21 on this document reads `I`, and the vault's
**FEC Back-Sweep Standard** records that field 21 is **not** the FEC committee-type code — it was disproved
on 2026-10-09 against a committee whose processed-index type contradicts it. The processed committee index
returns nothing for a committee registered the same day. **So this page states what the document says and
does not classify the committee.** What the documents do establish:
- The Form 1S affiliation **names [[Nick Begich III]]'s authorized campaign committee**, which is the
filing shape a **[[Leadership PAC]]** takes. It is not proof of one.
- **Alaskans for Nick Begich (C00792341) filed its own Form 1 amendment on the same receipt date**
(file 2019053), which is consistent with establishing an affiliated committee.
- **No money is disclosed.** There is no Schedule A, no Schedule B and no Schedule E on this filing.
## Why it is tracked
§7 of the Deals design doc puts **every new PAC and super-PAC formation in scope** during the midterm
window. This one is of interest for three reasons beyond the registration itself:
1. **The timing.** A new committee affiliated with a sitting member's campaign, registered 25 days out, in
a cycle where that member is himself the target of a [[House Majority PAC]] buy
($259,239.00, [[House Majority PAC 21.9M House IE October 2026]]).
2. **The infrastructure is Republican and professional.** Chain Bridge Bank is the depository used across a
large share of Republican federal committees; **Right Side Compliance** and treasurer **Cabell Hobbs**
are a Republican compliance shop, both new to this vault.
3. **The name.** A committee named for the House majority threshold, affiliated with an Alaska member whose
own seat is rated Likely R, points at activity beyond that seat.
## Watch
- **The committee's first Schedule A or Schedule B** — which would say whether this raises for Begich's own
re-election, transfers to other candidates, or spends independently.
- **A second committee at 415 SW Pkwy Bldg 6 Ste 500, Austin**, or on `rightsidecompliance.com`. A new
address and a new compliance shop appearing together is how every cluster catalogued in this vault
started.
## Sources
- FEC Form 1 + Form 1S, file 2018743 — `https://docquery.fec.gov/dcdev/posted/2018743.fec`
- FEC Form 1 amendment, Alaskans for Nick Begich, file 2019053 — `https://docquery.fec.gov/dcdev/posted/2019053.fec`