Indiana Gov. Holcomb receives $936,169, with an Eric Holcomb committee as top donor


In Indiana, Gov. Eric Holcomb is the number three fundraiser in state politics in the 2022 election cycle so far. According to the most recent campaign finance reports made to the Indiana Secretary of State, the governor received $936,169 in total contributions to his campaign account and spent $959,815 between January 1, 2021 and  December 31, 2021. Holcomb’s current term ends in 2025.

Gov. Holcomb is a member of the Republican Party and first assumed office in 2017.

Gov. Holcomb’s reported campaign finance activity, by quarter (2017-2021)

Source: Transparency USA

Contributions to Gov. Holcomb

Of the $936,169 already reported in the 2022 election cycle, 49.3 percent came from the top 10 donors.

Top Donors to Gov. Holcomb (1/1/2021 – 12/31/2021)

RankTotal AmountDonor NameDonor Type
1.$263,112Eric HolcombEntity
2.$35,000Faegre Drinker Biddle & Reath LLPEntity
3.$25,000HNTB Holdings Ltd. Political Action CommitteeEntity
4.$25,000Indiana Realtors Political Action CommitteeEntity
5.$20,000A10 Associates LLCEntity
6.$20,000Build IndianaEntity
7.$20,000Indiana Friends of Rural ElectrificationEntity
8.$18,567Target Enterprises LLCEntity
9.$17,500Charter Communications LLCEntity
10.$17,500DLZ Indiana LLCEntity

The top donor, Eric Holcomb, represents reported contributions received by Gov. Holcomb’s candidate committee from another political action committee affiliated with the governor.

Expenditures by Gov. Holcomb

On the expenditures side, Gov. Holcomb reported $959,815, with 90.6 percent of all spending going to the 10 payees topping the list. 

Top Expenditures by Gov. Holcomb (1/1/2021 – 12/31/2021)

RankTotal AmountPayee NamePayee Type
1.$397,345Indiana Republican State Committee, IncEntity
2.$207,787Eric HolcombEntity
3.$74,275Bk Strategies LLCEntity
4.$60,000Colbert ConsultingEntity
5.$42,236Imge LLCEntity
6.$26,000Triple A Consulting LLCEntity
7.$21,731Three Point Advisors LLCEntity
8.$19,775Mhrk LLCEntity
9.$10,000Holli SullivanEntity
10.$10,000Young Republicans National ConventionEntity

The second payee, listed as Eric Holcomb, represents expenditures reported by Gov. Holcomb’s candidate committee to another political action committee affiliated with the governor.

How Gov. Holcomb’s fundraising compares to other governors

Among elected officials holding the same level of state office, fundraising varies widely. A number of factors, including whether an incumbent officeholder is running for reelection, influence donor activity. Here is how fundraising by Indiana Gov. Holcomb compares to the 10 other governors with campaign finance data available from Transparency USA in 2022:

Fundraising reported by 11 U.S. governors in the 2022 election cycle

The data above are based on campaign finance reports that active Indiana PACs submitted to the Indiana Secretary of State. Transparency USA publishes campaign finance data following major reporting deadlines. State or federal law may require filers to submit additional reports.

Report NameReport Due Date
2022 Jan Semiannual1/19/2022
2022 Statewide Quarterly/Semiannual7/15/2022
2022 Pre-Election10/17/2022
2022 Statewide Quarterly11/1/2022
2022 Annual Report1/18/2023

This article is a joint publication from Ballotpedia and Transparency USA, who are working together to provide campaign finance information for state-level elections. Learn more about our work here.