Campaign money · 2025–2026 cycle
Who's Funding Troy Downing?
Troy Downing’s campaign for Montana’s 2nd Congressional District has reported raising $2,733,160 through October 14, 2026. That includes $975,814 (36%) in itemized individual contributions, $571,047 (21%) in unitemized gifts of $200 or less and $905,378 from PACs, party and other committees. Itemized contributions name each contributor; the rankings below are built from them.
At a glance
Total raised$2,733,160January 1, 2025 – October 14, 2026
| Source | Amount | Share |
|---|---|---|
| Individuals giving over $200 | $975,814 | 36% |
| PACs and other committees | $905,378 | 33% |
| Individuals giving $200 or less | $571,047 | 21% |
| Transfers from joint fundraising and other authorized committees | $267,414 | 9.8% |
| Other receipts | $13,508 | 0.5% |
The leader in each category
Itemized contributions, 2025–2026 cycle
- Top individualDenny Menholt$14,000 · 1.5% of $958,054
- Top committeeDOWNING VICTORY FUND$267,407 · 54% of $491,107
- Top employerDenny Menholt Auto Group$14,000 · 1.7% of $843,013
- Top occupationRetired$327,801 · 39% of $841,938
- Top industryFinance, Insurance & Real Estate$70,161 · 13% of $548,998
- Top stateMontana$289,836 · 30% of $958,054
Top individual contributors
The largest individual contributor to Downing’s campaign is Denny Menholt, who gave $14,000 across 2 contributions. Brian Armstrong gave $10,500.
Downing’s top individual contributors
- Denny Menholt$14K2 contributions
- Brian Armstrong$10.5K2 contributions
- Jonelle Grantham$8,254145 contributions
- Michael J. Burns$8,074171 contributions
- Clint Reynolds$8,0007 contributions
- Matthew Sechter$7,5001 contribution
- John Arnold$7,0002 contributions
- John Dwyer$7,0002 contributions
- James K. Harris$7,0002 contributions
- Stewart Harris$7,0002 contributions
Top committee contributors
PACs, party committees and other committees gave $491,107 in itemized contributions. The largest is DOWNING VICTORY FUND, at $267,407 across 18 contributions. A NEW NATION PAC follows with $5,000. A joint fundraising committee passes along money it raised from many individuals, so its total here is not one contributor’s money.
Downing’s top committee contributors
- DOWNING VICTORY FUND$267.4K18 contributions
- A NEW NATION PAC$5,0002 contributions
- AMERICAN CRYSTAL SUGAR COMPANY POLITICAL ACTION COMMITTEE$5,0001 contribution
- AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS POLITICAL$5,0001 contribution
- AMERICAN ISRAEL PUBLIC AFFAIRS COMMITTEE POLITICAL ACTION CO$5,0001 contribution
- AMERICAN REVIVAL PAC$5,0001 contribution
- BANK OF AMERICA CORPORATION FEDERAL PAC$5,0002 contributions
- BUCKEYE LIBERTY POLITICAL ACTION COMMITTEE$5,0001 contribution
- BUILD POLITICAL ACTION COMMITTEE OF THE NATIONAL ASSOCIATION$5,0001 contribution
- BUILDING AMERICA'S REPUBLICAN REPRESENTATION PAC$5,0001 contribution
Top employers
The leading named employer is Denny Menholt Auto Group: contributors who work there gave $14,000 across 2 contributions. Yellowstone Bank is next at $14,000. Contributors who reported being unemployed, retired or self-employed gave $454,719 (47% of itemized individual dollars). Employers are as each contributor reported them; a company named here did not give itself.
Downing’s top employers
- Retired$326.4K9,083 contributions
- Self-employed$61.4K318 contributions
- INFORMATION REQUESTED PER BEST EFFORTS$55.5K114 contributions
- Denny Menholt Auto Group$14K2 contributions
- Yellowstone Bank$14K4 contributions
- Coin Base$11.5K3 contributions
- Homemaker$11.5K10 contributions
- Arnold Ventures$10.5K3 contributions
- NEO INSURANCE$8,5002 contributions
- Apollo Global Management$7,0002 contributions
Top occupations
Among named occupations, contributors listing “Real Estate” gave the most: $75,344 across 167 contributions. “Chief Executive Officer” follows at $72,998. Contributors reporting no occupation, or being retired, gave $383,755 (40% of itemized individual dollars).
Downing’s top occupations
- Retired$327.8K9,102 contributions
- Real Estate$75.3K167 contributions
- Chief Executive Officer$73K159 contributions
- Not reported$56K115 contributions
- Vice President$36.1K46 contributions
- Owner$27.6K77 contributions
- Founder$20.8K6 contributions
- Consultant$19.9K74 contributions
- Attorney$17.6K31 contributions
- Banker$14.5K5 contributions
Top industries
Classified by contributors’ employers, the largest industry is Finance, Insurance & Real Estate, at $70,161 (7.3% of itemized individual dollars). Retail, Food & Consumer Goods follows with $20,000. Contributors with no employer to classify, or self-employed, gave $399,265 (42% of itemized individual dollars).
Downing’s top industries
- Retired$326.4K9,083 contributions
- Finance, Insurance & Real Estate$70.2K56 contributions
- Self-Employed & Freelance$61.4K318 contributions
- Retail, Food & Consumer Goods$20K4 contributions
- Manufacturing & Industrial$14.8K34 contributions
- Homemaker$11.5K10 contributions
- Think Tanks & Policy Research$10.5K3 contributions
- Technology & Communications$8,30016 contributions
- Legal & Professional Services$5,95017 contributions
- Transportation & Logistics$4,5001 contribution
Top states
Montana contributors gave the most, $289,836 (30% of itemized individual dollars). That is the state Downing is running in; 70% of itemized individual dollars came from outside it.
Downing’s top states
- Montana$289.8K714 contributions
- Florida$136.2K1,622 contributions
- Texas$95.2K1,800 contributions
- California$73.1K1,057 contributions
- New York$43K297 contributions
- Virginia$36.5K378 contributions
- Georgia$22K370 contributions
- Arizona$20.2K288 contributions
- District of Columbia$18.2K27 contributions
- Wisconsin$14K167 contributions
About the data
Totals raised come from the FEC's summary of every committee authorized by Troy Downing. The rankings cover the itemized contributions reported by the principal campaign committee (TROY DOWNING FOR CONGRESS), net of refunds and excluding memo entries. A contribution made through a conduit such as ActBlue or WinRed is reported under the person who gave it.
Industries are assigned from each contributor's reported employer. Figures change as the campaign files new and amended reports.
Keep following the money
Go deeper into Downing's records
Published by GovMoneyGraph from Federal Election Commission records. Not affiliated with any campaign or with the FEC.