Who Does Costco Give Political Donations To?

New York NY/USA-September 1, 2019 A Costco Wholesale store in the Astoria neighborhood of Queens in New York - Image.
rblfmr / Shutterstock.com

Seattle-based Costco Wholesale and its affiliate, Costco Travel, have given $380,756 in political donations so far this year for the 2022 elections cycle, according to Open Secrets.

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This places Costco at the 1,002nd spot out of 27,872, in terms of largest donors.

Corporations and their affiliates have been playing an enormous role in elections, especially since Jan. 21, 2010, when the Supreme Court overruled the prohibition on corporate independent expenditures in the case Citizens United v. Federal Election Commission (FEC). Since, corporations can contribute unlimited amounts to campaign spending, according to The Campaign Legal Center (CLC).

“The Court assumed that unlimited corporate campaign spending would pose no threat of corruption or the appearance of corruption because it would be “independent,” CLC said on its website, adding that “it has become clear in the years since that voters are not getting enough information about the true sources of campaign spending and this supposedly independent spending in support of candidates or their campaigns is often intentionally coordinated.”

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Costco predominantly contributed to Democratic congressional and federal candidates, with 68.1% and 69% of the total amount of dollars, respectively, Open Secrets data shows.

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Just a few weeks before the November mid-term elections, let’s take a look at who Costco has donated to.

  • DNC Services Corp. — $210,976
  • Democratic Congressional Campaign Committee — $50,042   
  • Save America — $14,563  
  • Republican National Committee — $12,731
  • National Republican Senatorial Committee — $8,912     
  • Washington Democratic candidate Kim Schrier– $6,668
  • Illinois Democratic candidate Bill Foster– $5,600  
  • Florida Democratic candidate Perry Thurston — $5,000 
  • Democratic Senatorial Campaign Committee — $4,353   
  • Georgia Democrat Sen. Raphael Warnock — $3,765

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About the Author

Yaël Bizouati-Kennedy is a full-time financial journalist and has written for several publications, including Dow Jones, The Financial Times Group, Bloomberg and Business Insider. She also worked as a vice president/senior content writer for major NYC-based financial companies, including New York Life and MSCI. Yaël is now freelancing and most recently, she co-authored  the book “Blockchain for Medical Research: Accelerating Trust in Healthcare,” with Dr. Sean Manion. (CRC Press, April 2020) She holds two master’s degrees, including one in Journalism from New York University and one in Russian Studies from Université Toulouse-Jean Jaurès, France.
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