LOVE, PRESTON JR -- Democratic Candidate for U.S. Senate
PAC-Driven Fundraising with Limited Individual Support
LOVE, PRESTON JR is a Democratic candidate running for U.S. Senate in Nebraska, District 00 during the 2024 election cycle. This page provides a comprehensive campaign finance profile based on official FEC filings, including fundraising totals, spending analysis, and funding source breakdowns.
Candidate Profile
The following profile is based on Federal Election Commission (FEC) records for LOVE, PRESTON JR's 2024 campaign.
- Candidate Name: LOVE, PRESTON JR
- Party Affiliation: Democratic
- Office Sought: U.S. Senate
- State: Nebraska
- District: 00
- Election Cycle: 2024
- FEC Candidate ID: S4NE00223
- Spending Rate: 98% of funds raised have been spent
AI Funding Analysis
LOVE, PRESTON JR has raised $283K for the 2024 Senate race in Nebraska, with $278K spent and $10K cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 2.6%. Primarily funded by PACs, with no individual contributions. High burn rate and negative net cash position indicate financial strain. Lack of grassroots support suggests limited local backing. Strong PAC funding but weak individual donor base.
Campaign Fundraising Summary
LOVE, PRESTON JR has raised $283K for their 2024 Senate campaign in Nebraska. The campaign has spent $278K (98% of total raised) and currently holds $10K in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $283K |
| Total Spent | $278K |
| Cash on Hand | $10K |
| Spending Rate | 98% |
With a spending rate of 98%, LOVE, PRESTON JR's campaign has deployed nearly all of its raised funds. This high burn rate is typical of competitive races where candidates invest heavily in advertising, staffing, and voter outreach.
Funding Sources Breakdown
The following table breaks down where LOVE, PRESTON JR's campaign funds come from. Understanding the mix of funding sources reveals how a candidate's campaign is financially supported.
| Source | Amount | % of Total |
|---|---|---|
| Individual & Other Contributions | $276K | 97% |
| PAC Contributions | $8K | 3% |
Individual & Other Contributions represent the largest funding category at $276K (97% of total raised). This funding source contributes the largest share of the campaign's total raised.
AI Funding Analysis
LOVE, PRESTON JR's campaign is funded by individual contributions (0.0%, $0), PAC contributions (2.6%, $8K), and party committee transfers (0.0%, $0). Other sources account for $276K (97.4%).
Donor Patterns
LOVE, PRESTON JR's campaign relies heavily on PAC and organizational support, which accounts for 2.6% of total receipts. Key donor sectors include PACs, Other sources, No individual contributions. Negative net cash position of $268,251.05.
Spending Analysis
LOVE, PRESTON JR has spent $278K, which is 98.2% of total receipts. Cash on hand stands at $10K. Burn rate of 98% indicates rapid spending.
Competitiveness Assessment
LOVE, PRESTON JR's financial position is weak for a Senate race in Nebraska. The campaign has raised $283K with $10K remaining. Grassroots signal is 'PAC/org-reliant', indicating lack of local support.
Key Donors Analysis
PAC contributions total $8K. Key sectors and interest groups represented among donors include PACs, Other sources, No individual contributions. No party contributions received.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| Political Action Committees | PAC | $8K |
| PACs | Sector | $0 |
| Other sources | Sector | $0 |
| No individual contributions | Sector | $0 |
Race Opponents: 2024 Senate Nebraska District 00
The following candidates are competing in the same 2024 Senate race in Nebraska, District 00 as LOVE, PRESTON JR.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| LOVE, PRESTON JR (current) | Democratic | $283K | $278K |
| RICKETTS, PETE | Republican | $5.9M | $5.3M |
| WEAVER, JOHN GLEN LT COL RET. | Republican | $57K | $57K |
| OSBORN, DAN | IND | $15.1M | $15.1M |
| FISCHER, DEBRA S. | Republican | $8.7M | $9.2M |
LOVE, PRESTON JR has raised less than all opponents in this race. The fundraising advantage ratio is 0.0:1.
Other Candidates in Nebraska
Top-raising federal candidates in Nebraska during the 2024 election cycle.
- OSBORN, DAN (IND, Senate) -- $15.1M raised
- FISCHER, DEBRA S. (REP, Senate) -- $8.7M raised
- VARGAS, ANTHONY 'TONY' (DEM, House) -- $7.5M raised
- BACON, DONALD J (REP, House) -- $6.4M raised
- RICKETTS, PETE (REP, Senate) -- $5.9M raised
Democratic Senate Race in Nebraska
LOVE, PRESTON JR is competing as a Democratic candidate for U.S. Senate in Nebraska, District 00. U.S. Senate races are held every six years on a staggered basis, with each state electing two senators. Senate campaigns tend to be significantly more expensive than House races due to statewide media markets and higher voter populations.
To explore other candidates running in Nebraska, visit the Nebraska campaign finance page. You can also browse all Democratic candidates or view all Senate races nationwide.
Frequently Asked Questions
How much has LOVE, PRESTON JR raised?
LOVE, PRESTON JR has raised a total of $283K for the 2024 election cycle. Of that, $278K has been spent, leaving $10K cash on hand. Individual contributions account for $0, PAC contributions for $8K, and party committee transfers for $0.
Where does LOVE, PRESTON JR's campaign money come from?
LOVE, PRESTON JR's campaign is funded by individual contributions (0.0%), PAC contributions (2.6%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has LOVE, PRESTON JR spent?
LOVE, PRESTON JR has spent $278K of $283K raised, which is 98.2% of total receipts. The campaign has $10K remaining cash on hand.
How much cash does LOVE, PRESTON JR have on hand?
LOVE, PRESTON JR currently has $10K in cash on hand. This represents the difference between $283K raised and $278K spent during the 2024 cycle.
How much PAC money has LOVE, PRESTON JR received?
LOVE, PRESTON JR has received $8K from political action committees, representing 2.6% of total campaign funds. PAC money is the largest funding source.
What party is LOVE, PRESTON JR affiliated with?
LOVE, PRESTON JR is running as a Democratic candidate for Senate in Nebraska. The campaign has raised $283K for the 2024 election cycle.
What is LOVE, PRESTON JR's campaign burn rate?
LOVE, PRESTON JR's campaign has a burn rate of 98%, having spent $278K of $283K raised. The campaign is spending nearly all funds raised, leaving minimal reserves.
Is LOVE, PRESTON JR financially competitive?
LOVE, PRESTON JR's financial position is weak for a Senate race. The campaign has raised $283K with $10K cash on hand. 100% of contributions from PACs and other sources, no individual donors.
What does LOVE, PRESTON JR's donor base reveal about their coalition?
LOVE, PRESTON JR's funding profile is PAC and organization-funded. Negative net cash position of $268,251.05.
What are the financial strengths and risks for LOVE, PRESTON JR's campaign?
Burn rate of 98% indicates rapid spending.
How does LOVE, PRESTON JR's fundraising compare to similar campaigns?
Grassroots signal is 'PAC/org-reliant', indicating lack of local support.
What should voters know about LOVE, PRESTON JR's campaign finances?
No party contributions received.
Understanding Campaign Finance Data
Campaign finance data in the United States is regulated by the Federal Election Commission (FEC). All federal candidates -- including those running for President, U.S. Senate, and U.S. House of Representatives -- are required to file periodic financial reports disclosing their campaign contributions and expenditures.
Key terms used in campaign finance reporting include:
- Total Raised (Receipts): The total amount of money received by the campaign from all sources, including individual donors, PACs, party committees, and candidate self-funding.
- Total Spent (Disbursements): The total amount of money the campaign has spent on operations, advertising, payroll, travel, and other campaign activities.
- Cash on Hand: The amount of money remaining in the campaign's accounts after subtracting expenditures from receipts. This represents available resources for future spending.
- Individual Contributions: Donations from individual citizens, subject to contribution limits set by FEC regulations.
- PAC Contributions: Donations from Political Action Committees, which pool contributions from members to support candidates who share their policy interests.
- Party Contributions: Funds provided by national, state, or local party committees to support their party's candidates.
- Candidate Self-Funding: Personal funds contributed or loaned to the campaign by the candidate themselves. Self-funding is not subject to the same contribution limits as outside donations.
All data shown on ReadTheDonation is sourced from official FEC public records. Campaign finance disclosure is a cornerstone of American democratic transparency, allowing voters to understand who is funding political campaigns and how that money is being spent.
Official Source
View the full FEC filing for LOVE, PRESTON JR: FEC.gov -- LOVE, PRESTON JR
Related Candidates and Resources
- Nebraska Campaign Finance -- Explore all candidates running in Nebraska
- Democratic Candidates -- View all Democratic candidates and their fundraising
- Senate Races -- Browse all Senate campaigns nationwide
- Top Donors -- See the largest campaign donors across all candidates
- Search Candidates -- Search for any federal candidate or committee
- FEC Official Filing -- Verify LOVE, PRESTON JR's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.