The Hillary Victory Fund is a "joint fundraising committee" that distributes its earnings to the Hillary Clinton campaign, the Democratic National Committee (DNC), and state-level Democratic Party organizations. Right before Clinton announced the committee's creation in September — which was somewhat unusual timing given that she is not officially the nominee — she promised to "rebuild our party from the ground up," because "when our state parties are strong, we win. That's what will happen."
Nine months later, it's less than clear how the Victory Fund fits into that goal. Less than 1 percent ($0.5 million) of the committee's $61 million earnings has ended up in state party coffers, while $23.3 million "has gone towards expenses that appear to have directly benefited Clinton's campaign," a Politico analysis reveals.
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