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Political Party/527

Next Up Victory Fund

Parent Organization: People for the American Way (PFAW)
Website:

www.pfaw.org/next-up-victory-fund
Location:

Washington, DC
Tax ID:

52-1366721
Budget (2018):

Revenue: $7,061,963
Expenses: $7,328,223
Assets: $2,466,798
Type:

527 Political Action Committee

The Next Up Victory Fund is a left-of-center political action fund managed by the People for the American Way, a left-of-center nonprofit that has been accused of being a “dark money” group. [1] It aims to fund young progressive candidates for state and local office across the country.

U.S. Representative Ilhan Omar (D-MN), Stacey Abrams, and Women’s March co-chair Carmen Perez are members of the fund’s advisory board. [2]

History

The Next Up Victory Fund was launched in 2017 by Svante Myrick, the Democratic Party-affiliated Mayor of Ithaca, New York, and director of young candidate engagement for People for the American Way (PFAW). [3] It is the continuation of an older PFAW program, Young Elected Progressives.

According to a PFAW blog post, the Next Up Victory Fund was created in the wake of President Donald Trump’s 2016 election, designed primarily to “win vital Democratic control over the redistricting process” and influence policy. [4]

Present Activities

The Next Up Victory Fund supports endorsed local and state candidates throughout the country. It also offers a guide for prospective progressive candidates on how best to run for local office. [5]

Finances

The Next Up Victory Fund is managed by People for the American Way, a 501(c)(4) nonprofit that has been accused of operating as a “dark money” group. [6] Because People for the American Way does not disclose its donors, total contributions to the Next Up Victory Fund are not known.

According to People for the American Way’s most recent publicly available financial information, the Next Up Victory Fund spent $2,249,713 on progressive candidates in 2018. [7]

Leadership

The Next Up Victory Fund is led by Svante Myrick, director of young candidate engagement for People for the American Way. Myrick, who is also Mayor of Ithaca, New York, is best known for creating the nation’s first supervised drug injection site, where drug users can inject heroin under professional supervision. [8]

References

  1. Whyte, Liz Essley. “Groups Decrying ‘Dark Money’ Use Shadowy Money Themselves.” Center for Public Integrity, January 14, 2016. https://publicintegrity.org/2016/01/14/19124/groups-decrying-dark-money-use-shadowy-money-themselves. ^
  2. “Next Up Victory Fund Advisory Board and Partners.” People For the American Way, May 2, 2018. https://www.pfaw.org/next-up-victory-fund/board-members-and-partners. ^
  3. PFAW.org. “Svante Myrick Launches Next Up Victory Fund from PFAW.” YouTube. YouTube, May 22, 2017. https://www.youtube.com/watch?v=IwXaWsDPVT0. ^
  4. Keegan, Michael. “What Is the Next Up Victory Fund?” People For the American Way, May 23, 2017. https://www.pfaw.org/blog-posts/what-is-the-next-up-victory-fund/. ^
  5. “Guide to Running for Office and Winning .” Next Up Victory Fund , 2018. http://files.pfaw.org/uploads/2018/09/NextUp_CandidateHandbook_V2_FINAL.pdf. ^
  6. Whyte, Liz Essley. “Groups Decrying ‘Dark Money’ Use Shadowy Money Themselves.” Center for Public Integrity, January 14, 2016. https://publicintegrity.org/2016/01/14/19124/groups-decrying-dark-money-use-shadowy-money-themselves. ^
  7. “2018 PFAW 990.” People for the American Way , 2018. http://files.pfaw.org/uploads/2019/12/2018-PFAW-990-Public-copy-signed.pdf. ^
  8. Nessouli, Afeef. “Upstate N.Y. Mayor Proposes Nation’s First Drug Injection Centers.” CNN. Cable News Network, February 25, 2016. https://www.cnn.com/2016/02/24/health/new-york-heroin-injection-facility/index.html?sr=twCNN022416new-york-heroin-injection-facility0940PMStoryPhoto&linkId=21618561. ^
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Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: December 1, 1984

    • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2018 Dec Form 990 $7,061,963 $7,328,223 $2,466,798 $1,077,136 N $7,000,546 $0 $11,602 $506,639 PDF
    2017 Dec Form 990 $7,259,119 $6,975,752 $2,889,955 $1,234,033 N $7,205,093 $0 $11 $479,671
    2016 Dec Form 990 $7,502,564 $6,162,094 $2,866,316 $1,493,761 N $7,456,336 $0 $19 $417,227
    2015 Dec Form 990 $5,098,116 $5,432,229 $1,676,425 $1,644,340 N $5,045,001 $0 $15 $446,833 PDF
    2014 Dec Form 990 $5,768,692 $5,690,909 $1,980,081 $1,613,883 N $5,691,256 $0 $0 $880,657 PDF
    2013 Dec Form 990 $5,530,527 $5,641,972 $1,971,557 $1,683,142 N $5,438,663 $0 $0 $367,467 PDF
    2012 Dec Form 990 $7,155,025 $7,105,451 $2,171,333 $1,771,473 N $7,057,285 $0 $10,866 $357,885 PDF
    2011 Dec Form 990 $5,323,510 $5,234,307 $1,931,595 $1,581,397 N $5,298,901 $0 $1,445 $319,690 PDF

    Additional Filings (PDFs)

    Map image for Next Up Victory Fund

    Next Up Victory Fund

    1101 15TH ST NW STE 600
    Washington, DC 20005-5023