Texas Ethics Commission data Release v1.4 Source snapshot September 17, 2026 Latest eligible reported transaction September 15, 2026
Search/AAPI Victory Fund, Inc (DISSOLVED)
Filer / Committee

AAPI Victory Fund, Inc (DISSOLVED)

GPAC · TERMINATED
Filer ID: 00085025 · Washington · DC
14 reports · First filing 10/05/2020 · Latest filing 12/31/2025
Political Action Committee · General Purpose · PAC

Committee Details

TEC filer identity, reporting status, geography, and analytical classification.
Committee Class
Political Action Committee
Subclass
General Purpose
Market Segment
PAC
Status
TERMINATED
Filer Type
GPAC
Office
—
District / Place
—
Mailing Location
Washington · DC · 20001
First Filing
10/05/2020
Latest Filing
12/31/2025
Latest Reporting Period
07/01/2025 – 12/31/2025
Reports
14

Overview

Activity within the selected analysis window.
Analysis Window Current: Lifetime
Contributions
$5,793,375.36
Expenditures
$2,084,254.05
Transactions
1,088
Largest Contribution
$500,000.00
Largest Expenditure
$250,000.00
COH as of 12/31/2025
$0.00
Average Contribution
$9,314.11
Average Expenditure
$4,472.65
First Contribution
08/20/2020
Last Contribution
12/29/2025
First Expenditure
09/24/2020
Last Expenditure
12/31/2025

Relationships

Reported Contributor Entities
298
Reported Payee Entities
73
Top Contributor
DEMOCRACY PAC
Top Reported Payee
Non-Texas Expenditures

Graph Relationships

Materialized relationship totals from the verified entity graph.
Contributor Relationships
298
622 contributions · $5,793,375.36
Vendor Relationships
65
433 payments · $1,891,808.60
View relationships →

Relationship Graph

Top reported relationships in the selected analysis window: Lifetime. Arrows show the direction of reported money flow; node size is not scaled.
Top contributorsMoney receivedTop reported payeesMoney spentAAPI Victory Fund, Inc (DISSOLVED)Focal filer / committeeDEMOCRACY PACDEMOCRACY PAC$1,300,000.00 · 3 giftsShekar NarasimhanShekar Narasimhan$982,483.34 · 27 giftsAAPI Victory Power FundAAPI Victory Power Fund$584,400.00 · 42 giftsCOLOROFCHANGE PACCOLOROFCHANGE PAC$325,000.00 · 3 giftsSMPSMP$250,000.00 · 1 giftsNon-Texas ExpendituresNon-Texas Expenditures$441,713.41 · 2 paymentsMarkham GroupMarkham Group$250,000.00 · 1 paymentsnon-TX expendituresnon-TX expenditures$186,378.71 · 1 paymentsCatalistCatalist$175,175.00 · 3 paymentsRed Fort Strategies, Inc.Red Fort Strategies, Inc.$118,339.54 · 12 payments
Click a contributor or payee node to open its reported-name network profile. The graph preserves the focal committee’s current analysis-window context for navigation.
Left: contributorsCenter: filer / committeeRight: reported payeesDollar totals: selected analysis window

Market Position

Fixed peer benchmark: 01/01/2021–06/30/2026. Peers share the same committee class. These benchmarks do not change when the dashboard analysis window changes.
Committee Class
Political Action Committee
Subclass
General Purpose
Market Segment
PAC
Spending Band
—
Peer Committees
7,401

Peer Percentiles

MetricPercentileRank
Contributions99.4th#45 of 7,401
Expenditures98.5th#114 of 7,401
Total Financial Activity99.1th#64 of 7,401
Transaction Volume93.5th#483 of 7,401

Concentration

Descriptive study-period shares for this committee; not yet peer-relative.
MeasureShare
Top 10 contributors / contributions75.1%
Top 5 reported payees / expenditures52.0%

Top Contributors

Reported TEC identities within the selected analysis window. View all contributions →
#ContributorTotalGifts
1DEMOCRACY PAC $1,300,000.003
2Shekar Narasimhan $982,483.3427
3AAPI Victory Power Fund $584,400.0042
4COLOROFCHANGE PAC $325,000.003
5SMP $250,000.001
6FF PAC $220,000.001
7Andrea Soros $125,000.001
8Allan Camaisa $115,000.002
9Karamjit Kalsi $100,000.001
10Mohsin Meghji $80,000.007

Top Reported Payees

Reported TEC payee names within the selected analysis window. View all expenditures →
#PayeePaidPayments
1Non-Texas Expenditures $441,713.412
2Markham Group $250,000.001
3non-TX expenditures $186,378.711
4Catalist $175,175.003
5Red Fort Strategies, Inc. $118,339.5412
6AAPI Victory Fund $110,551.721
7Vaibhav Jain $103,674.3720
8Isaacson Miller Inc. $88,800.004
9Courage California Issues Committee $75,000.002
10Blue Wave Political Partners, LLC $40,272.0819

Financial Activity by Year

Annual totals are descriptive aggregates, not narrative interpretation.
YearContributionsExpenditures
2025$205,397.10 $110,551.72
2024$2,251,775.96 $0.00
2023$685,360.00 $0.00
2022$1,364,611.68 $758,248.98
2021$422,690.00 $587,361.23
2020$863,540.62 $628,092.12

Recent Contributions

DateContributorAmountEmployer / Occupation
12/29/2025AAPI Victory Power Fund $5,500.00
12/16/2025AAPI Victory Power Fund $7,500.00
12/14/2025Wylie Liu $10.00 Univ of California San Francisco · Public Health Professional
12/07/2025Anand Raghunath $50.00 Henkel · Project Manager
12/07/2025Bang Co $10.00 Keller Williams Capital Properties · Event Planning/Marketing
12/03/2025AAPI Victory Power Fund $3,500.00
11/16/2025Wylie Liu $10.00 Univ of California San Francisco · Public Health Professional
11/13/2025AAPI Victory Power Fund $10,000.00
11/09/2025Melinda French Gates $5,000.00 Pivotal Ventures · Founder
11/09/2025Anand Raghunath $50.00 Henkel · Project Manager
11/02/2025Bang Co $10.00 Keller Williams Capital Properties · Event Planning/Marketing
10/31/2025Max Yancy $2.21 KOOP Radio 91.7 FM · Volunteer & Events Coordinator
10/14/2025Virginia Plus PAC $30,000.00
10/12/2025Wylie Liu $10.00 Univ of California San Francisco · Public Health Professional
10/10/2025AAPI Victory Power Fund $1,000.00
10/05/2025Anand Raghunath $50.00 Henkel · Project Manager
10/05/2025Bang Co $10.00 Keller Williams Capital Properties · Event Planning/Marketing
09/30/2025Max Yancy $2.21 KOOP Radio 91.7 FM · Volunteer & Events Coordinator
09/26/2025AAPI Victory Power Fund $6,000.00
09/18/2025AAPI Victory Power Fund $8,500.00

Recent Expenditures

DatePayeeAmountDescription
12/31/2025AAPI Victory Fund $110,551.72Federal PAC Expenditures
10/13/2022Asian American Democrats of Texas $5,000.00Political Contribution
06/30/2022Marriott - Burlingame $849.07Lodging
06/30/2022Marriott - Burlingame $581.45Lodging
06/30/2022Amalgamated Bank $1.00Bank Fee
06/30/2022ActBlue Technical Services $0.09Credit Card Fees
06/29/2022Rasio Restaurant $733.68Catering
06/27/2022Rapid Health Pro $6,090.00Event: Covid Testing
06/27/2022FedEx $186.45Shipping
06/27/2022AP Intego $32.87Worker's Compensation Insurance
06/26/2022ActBlue Technical Services $9.88Credit Card Fees
06/24/2022Amalgamated Bank $80.00Bank Fee
06/24/2022Amalgamated Bank $30.95Bank Fee
06/16/2022Gusto $4,244.77Payroll Taxes
06/15/2022Bradley Jenkins $6,063.84Salary
06/15/2022Fireside Campaigns $5,000.00Digital Consulting
06/15/2022Vaibhav Jain $2,750.75Salary
06/15/2022Intuit Inc. $84.80Software Rental
06/13/2022Gang of Eight, LLC $9,000.00Creative Design Consulting
06/13/2022United Airlines $1,595.20Air Travel
Evidence basis: All statistics on this page are computed directly from public Texas Ethics Commission campaign finance records. Analysis window: Lifetime. Dashboard query time: 384 ms.