September 17, 2026
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Forensic Accounting of Out-of-State Funding Flows into Montana Political Campaigns, 2022–2025 Election Cycles

By Staff
03/21/2026
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By following the money, it’s easy to identify fake conservative groups in Montana.

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This article traces the flow of funds from out-of-state donors through a series of political action committees and nonprofit organizations into Montana political campaigns. All figures are drawn from the source documents listed below. Where a figure represents an aggregation, the underlying line items are identified.

Source documents: OpenSecrets PAC donor records (Guarantee PAC, Unite America PAC, Way Back PAC, Western Futures Fund); Montana Commissioner of Political Practices expenditure filings; IRS Form 990, Western Futures Fund Inc.; Montana Secretary of State corporate filings, Fireweed Campaigns Inc.; MFPE staff directory; LinkedIn profile data; WPLN FAQ page.

1. Unite America PAC: National Donors

Unite America PAC received 205 large ($200+) individual contributions during the 2023–2024 election cycle. The largest donors, as reported on OpenSecrets, were:

DonorLocationOccupation/AffiliationTotal Contributed
Kathryn MurdochNew York, NYQuadrivium$4,250,000
Michael BloombergNew York, NYFounder$2,500,000
Marc MerrillSanta Monica, CARiot Games$2,645,000
David Randolph PeelerCambridge, MABerkshire Partners$1,745,000
Arthur BlankAtlanta, GAAtlanta Falcons$2,000,000
Sam WaltonLarkspur, CARestoration Works, LLC$850,000
Jason CarrollNew York, NYHudson River Trading$745,000
John ArnoldHouston, TXArnold Ventures$1,250,000
Marc Merrill (2nd contribution)Santa Monica, CARiot Games$500,000
Randy PeelerCambridge, MABerkshire Partners$495,000
Kent ThiryCherry Hills, CODaVita, Inc.$345,000

1.1 Unite America PAC Disbursements to Montana

The following contributions from Unite America PAC and its affiliated entities to Montana-registered committees are documented in the combined.xlsx file:

Recipient CommitteeAmountDateLine Item
Montanans for Election Reform Action Fund$700,00004/15/2024Federal PAC
Montanans for Election Reform Action Fund$500,00002/09/2024Federal PAC
Montanans for Election Reform Action Fund$500,00005/21/2024Federal PAC
Montanans for Election Reform Action Fund$250,00009/06/2024Federal PAC
Montanans for Election Reform Action Fund$150,00009/17/2024Federal PAC
Montanans for Election Reform Action Fund$67,50010/11/2024Federal PAC
Montanans for Election Reform Action Fund$10,000 (in-kind)08/09/2024Federal PAC
Working Montana PAC$125,00004/12/2024Ind. Committee Contributions
Conservatives4MT$75,00004/26/2024Ind. Committee Contributions
Montanans for Responsible Stewardship$50,00004/26/2024Ind. Committee Contributions
Montana Values Action Fund$50,00009/24/2024Ind. Committee Contributions

Total documented Unite America PAC and affiliate transfers to Montana committees: approximately $2,467,500 in cash plus $10,000 in-kind.

2. Guarantee PAC

Guarantee PAC reported 6 large contributions during the 2023–2024 cycle:

DonorLocationOccupationDateAmount
John ArnoldHouston, TXNot Employed12/28/2023$307,500
Way Back PACSheridan, WY10/28/2024$250,000
Rory GatesRedmond, WAAfghanistan War Commission06/18/2024$45,000
Rory GatesRedmond, WAAfghanistan War Commission06/18/2024$5,000

Guarantee PAC’s documented disbursements to Montana committees:

Recipient CommitteeAmountDate
Conservatives4MT$80,00004/18/2024
Montana Democratic Party$50,00009/25/2024

The $80,000 transfer from Guarantee PAC to Conservatives4MT occurred on April 18, 2024. Arnold is also a top donor to Unite America PAC ($1,250,000), which separately contributed $75,000 to Conservatives4MT. Way Back PAC, Guarantee PAC, and Unite America PAC share overlapping donor networks, and their combined contributions to Conservatives4MT totaled $155,000.

3. Way Back PAC

Way Back PAC (Sheridan, Wyoming) reported 33 large contributions during the 2023–2024 cycle. Its largest donors included:

DonorLocationAmount(s)
Global Impact Social Welfare Fund, Inc.Alexandria, VA$500,000
ToolboxArlington, VA$300,000 + $150,000
Guardian of Rights FundMiami Lakes, FL$250,000
Django BondermanFort Worth, TX$160,000 + $160,000
James PigottSeattle, WA$100,000 + $70,000 + $50,000
Western Futures FundSheridan, WY$100,000 + $50,000
Samuel R. WaltonLarkspur, CA$100,000
Regan PritzkerSan Francisco, CA$95,000
Cale BondermanFort Worth, TX$40,000
David Bayer-SlifkaRye, NY$35,000

Way Back PAC’s documented disbursements to Montana:

RecipientAmountDate
Montana Democratic Party$50,00009/04/2024
Montana Democratic Party$5,00008/22/2025
Montana Democratic Party$2,50004/04/2025
Guarantee PAC (which then disbursed to MT)$250,00010/28/2024

Samuel R. Walton also appears as a donor to Unite America PAC ($850,000). Global Impact Social Welfare Fund, which gave $500,000 to Way Back PAC, separately gave $2,620,000 to Montanans Securing Reproductive Rights and $100,000 to Montanans for Nonpartisan Courts through its Montana arm (GISWF – Montana).

4. Western Futures Fund

Western Futures Fund is a 501(c)(4) nonprofit organization registered in Sheridan, Wyoming. As a social welfare organization, it is not required to disclose its donors publicly. Its documented disbursements, per OpenSecrets, totaled $2,675,000 during the 2023–2024 cycle:

RecipientAmountDate
Retire Career Politicians$470,00010/15/2024
Retire Career Politicians$250,00010/10/2024
Retire Career Politicians$250,00010/02/2024
Your Community PAC$1,500,00008/25/2024
Way Back PAC$100,00010/10/2024
Way Back PAC$50,00008/03/2023
Open Democracy PAC$55,00009/21/2023

Western Futures Fund also made direct contributions to Montana committees documented in combined.xlsx:

RecipientAmountDate
Montana Values Action Fund$100,00010/04/2022
Montana Values Action Fund$50,00009/23/2025
Montanans for Election Reform Action Fund$100,00010/10/2024
Montanans for Nonpartisan Courts$10,00009/30/2025

4.1 Western Futures Fund — Fireweed Campaigns Payment

Western Futures Fund’s IRS Form 990 (2024) lists three independent contractors compensated more than $100,000. Among them is Fireweed Campaigns Inc. of Helena, Montana, which received $107,500 for “Project Management.” The other two contractors were Ascend Digital Strategies LLC ($225,215 for project management) and Cerillion N4 Partners LLC ($137,824 for advertising).

5. Fireweed Campaigns Inc.

Fireweed Campaigns Inc. is a Montana domestic profit corporation registered with the Montana Secretary of State (File No. D1414685). Its stated business purpose is “General Consulting Services for Campaigns and Organizations.” Its principal office is at PO Box 87 / 1003 Highland Street, Helena, MT 59624.

Corporate officers and personnel:

NameRole at FireweedOther Affiliations (per source documents)
Lauren CaldwellPresident, Director, Registered AgentPolitical Director, Montana Federation of Public Employees (MFPE); works on campaigns from school mill levies to candidate elections; member of MFPE legislative lobby team
Kiah AbbeyOther Officer (signed 2026 annual report)Principal, Marigold Creative Strategies LLC; Board Treasurer, Montana Abortion Access Program; former Secretary, Missoula Tenants Union; former Montana Voices Program Director, Western Organization of Resource Councils

5.1 Fireweed Campaigns — Payments from Candidate Campaigns

The following Montana candidates paid Fireweed Campaigns for campaign management and related services:

CandidateOfficeTotal Paid to FireweedPeriod
Michele R. BinkleyHouse District 85$8,004.302024 Primary
Elena EvansPSC District 4$48,893.262024 General
Gregory L. FrazerSenate District 38$8,850.472024 Primary
Janna S. HaferHouse District 51$16,420.632024 General
Lee W. HuestisHouse District 9$8,095.622024 Primary
Joshua J. KassmierSenate District 13$8,461.922024 Primary
Michael L. NelsonMayor (Billings)$21,613.662025 General

5.2 Fireweed Campaigns — Payments from Political Committees

CommitteeTotal Paid to FireweedServices
Montanans for Election Reform Action Fund$132,619.66Monthly campaign management retainers ($12,500/mo), campaign plan, reimbursements
Montanans for Nonpartisan Courts$126,299.19Project & communications management, coalition management, advising
Montanans Decide$46,225.00Project management, coalition management, data analysis
Forward Montana$6,525.00Professional services
Montana State AFL-CIO$3,500.00Campaign plan and execution for Kalispell levy
Yes! For Helena Schools$17,430.62Campaign management, canvassing services

Montanans for Nonpartisan Courts shares its mailing address (PO Box 87, Helena, MT 59624) with Fireweed Campaigns Inc.

6. WPLN Action, Inc.

WPLN Action, Inc. (Women’s Public Leadership Network) contributed $100,000 to Conservatives4MT, making it the largest single donor to that committee. WPLN is a 501(c)(3)-designated nonprofit, the WPLN Action Fund is a 501c(4) fund. According to its FAQ page, WPLN has received funding from Democracy Fund, Pivotal Ventures, Hess Corporation, Verizon, and others. Pivotal Ventures is the investment and incubation company founded by Melinda French Gates.

7. Conservatives4MT: Funding Sources and Expenditures

7.1 Funding Sources

Conservatives4MT’s top donors, per the cfmtcont sheet in combined.xlsx:

DonorAmount
WPLN Action, Inc.$100,000
Guarantee PAC$80,000
MHA PAC State Fund$75,000
Unite America PAC$75,000
W. States Regional Council of Carpenters LIC$30,000
Bruce Tutvedt$25,000
Walter McNutt$15,000
Gary Maclaren$10,000
Duane Ankney$5,000
John Ward$5,000
Other individual donors (5)$2,500

Of the $422,579.41 in total documented contributions, $330,000 (78%) came from out-of-state political committees: WPLN Action ($100,000), Guarantee PAC ($80,000), MHA PAC ($75,000), and Unite America PAC ($75,000).  Bruce Tutvedt was the chair of Montanans for Election Reform.  His group received $2,277,500 from the detailed funding consortium.

7.2 Conservatives4MT Expenditures by Candidate

Conservatives4MT spent a total of approximately $360,000, primarily through Edge Marketing and Design, on mailers, digital media advertising, and newspaper ads. The expenditure descriptions explicitly name the following candidates:

Candidates Supported:

DistrictCandidate
HD 2Jenkins
HD 8Brockman
HD 9Huestis
HD 11Tracy
HD 18Jones
HD 20Nikolakakos
HD 21Buttrey
HD 23Tilleman
HD 28Albus
HD 29Moore
HD 38Oblander
HD 55Barker
HD 70Nicholas
HD 76Fitzpatrick
HD 77McMurray
HD 78Gregg
HD 85Binkley
HD 86Bedey
HD 90Cochran
SD 5Laude
SD 13Kassmier
SD 15Hunter
SD 35Shaw
SD 38Frazer
SD 44Rusk
SD 45Loge
(Valier)Ross Fitzgerald

Candidates Opposed:

DistrictCandidate
HD 8Schubert
HD 18Coombs
HD 20Galloway
HD 29Knudsen
HD 76Kesler
HD 77Gillette
HD 78Bergstrom
SD 5Regier
SD 13Sheldon-Galloway
SD 15Knudsen
SD 44Manzella

Several candidates appear in both the Conservatives4MT expenditures (supported by out-of-state PAC money) and in Fireweed Campaigns’ client list. Specifically, Michele Binkley (HD 85), Lee Huestis (HD 9), Gregory Frazer (SD 38), and Joshua Kassmier (SD 13) each received campaign management services from Fireweed Campaigns while simultaneously being the subject of independent expenditure support from Conservatives4MT.

8. Montana Values Action Fund: Distribution Hub

Montana Values Action Fund (Committee ID 9000, PO Box 8512, Missoula) received contributions from Unite America PAC ($50,000) and Western Futures Fund ($100,000 in 2022; $50,000 in 2025) among other sources. It then distributed funds to the following Montana organizations and PACs. The figures below represent the 2024 election cycle unless otherwise noted:

RecipientTotal (2024 cycle)Purpose
Montanans for Fair and Impartial Courts$758,000General election support
Montanans for Freedom and Responsibility$615,000General election support
Montanans for Liberty and Justice$602,000General election support (incl. $60K primary)
Montana Conservation Voter Action Fund$450,000General election support
Working Montana PAC$445,000General election support
Montana Senior Vote Action Fund$682,000General election support (incl. 2023)
Wild Montana Voter Fund$295,000General election support
Montana Rural Voters Action Fund$283,000General election support (incl. primary)
Western Native Voice Action Fund$45,000General election support
MOFE PAC$60,000General election support
Forward Montana Voter Fund$27,000General election support
Montana Human Rights Networkn/a (2020 only)General election support
Planned Parenthood Advocates PAC of MTn/a (2020/2022)General election support
Montana Rural Voters Action Fund (2025)$85,000General support contribution
Montana Senior Vote Action Fund (2025)$80,000General support contribution

Montana Values Action Fund also made expenditures for polling ($27,289.43 to Lake Research Partners in 2025; $14,328.73 in 2020) and contributed $7,000 to Yes for Helena Schools in 2025.

9. Working Montana PAC: Independent Expenditures on Named Candidates

Working Montana PAC (Committee ID 12238) received $445,000 from Montana Values Action Fund and $125,000 from Unite America PAC during the 2024 cycle. It made independent expenditures—primarily mailers, phone banking, canvassing walk cards, and office rent for canvassers—in support of the following named candidates:

CandidateOfficeTypes of Support
Jeremiah LynchMontana Supreme CourtWalk cards, mailers, phone calls, canvassing
Katherine BidegarayMontana Supreme CourtWalk cards, mailers, phone calls, canvassing
Dave FernSenate District 2Walk cards, canvassing
Lindsey JordanHouse District 4Walk cards, canvassing
Debo PowersHouse District 3Walk cards
Jane WeberHouse District 19Walk cards
Paul TussHouse District 27Walk cards
Denise BaumHouse District 45Walk cards
Janna HaferHouse District 51Walk cards
Sara NovakSenate District 36Walk cards
Scott DeMaroisHouse District 71Walk cards
Mark NicholsonSenate District 24Walk cards
James ReavisHouse District 47Walk cards
Greg FrazerSenate District 38Walk cards
Casey SchreinerMayor (Great Falls)Mailers (Oct 2023)

The largest single expenditure categories for Working Montana PAC were phone banking through Stones Phones ($364,345 total, of which $347,572 was explicitly for live survey calls supporting Lynch and Bidegaray) and mailers through Navigate Campaigns and Beaumont Media (over $249,000 combined).

10. Global Impact Social Welfare Fund (GISWF) — Montana

GISWF – Montana made the following contributions to Montana committees:

RecipientAmountDate
Montanans Securing Reproductive Rights$1,220,00007/25/2024
Montanans Securing Reproductive Rights$1,150,00009/10/2024
Montanans Securing Reproductive Rights$250,00005/23/2024
Montanans for Nonpartisan Courts$100,00009/29/2025

The parent entity, Global Impact Social Welfare Fund, Inc. (Alexandria, VA), separately gave $500,000 to Way Back PAC.

11. Summary of the Funding Network

The documents reviewed establish the following chain of funding:

Tier 1 — Individual Donors: National donors including Kathryn Murdoch, Michael Bloomberg, Marc Merrill, John Arnold, Arthur Blank, Sam Walton, Django Bonderman, James Pigott, and others contributed to Unite America PAC, Guarantee PAC, and Way Back PAC.

Tier 2 — National and Wyoming-Based Intermediaries: Unite America PAC, Guarantee PAC, Way Back PAC, Western Futures Fund (a 501(c)(4) with undisclosed donors), Global Impact Social Welfare Fund, and WPLN Action (funded in part by Pivotal Ventures and Democracy Fund) served as intermediary vehicles. Western Futures Fund’s 501(c)(4) status means its donor list is not publicly available.

Tier 3 — Montana Receiving Committees: Montana Values Action Fund, Montanans for Election Reform Action Fund, Conservatives4MT, Working Montana PAC, Montanans for Nonpartisan Courts, Montanans Securing Reproductive Rights, Montanans for Responsible Stewardship, and the Montana Democratic Party received funds from the Tier 2 entities.

Tier 4 — Further Distribution Within Montana: Montana Values Action Fund further distributed over $3.5 million to allied Montana organizations including Montanans for Fair and Impartial Courts, Montanans for Liberty and Justice, Montana Conservation Voter Action Fund, Working Montana PAC, Montana Senior Vote Action Fund, Wild Montana Voter Fund, Montana Rural Voters Action Fund, and others.

Tier 5 — Candidate-Level Expenditures: Working Montana PAC and Conservatives4MT made independent expenditures supporting or opposing specific Montana candidates across dozens of state legislative, judicial, and local races. Fireweed Campaigns Inc., which received $107,500 from Western Futures Fund, simultaneously provided paid campaign management services to individual Montana candidates and to committees receiving money from this same network of funders.

This document is limited to facts established by the source records. It does not allege illegality or draw legal conclusions. All amounts and dates are as reported in the cited filings.

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Staff

Liberty's Watchman.
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