She already has solid backing from wealthy donors in Silicon Valley, including those who typically donate to the Democratic Party, as well as her network of political action committees.

According to Federal Election Commission (FEC) filings and her campaign's spending ahead of the Iowa Caucuses, the former United Nations ambassador's main political action committee is SFA Fund Inc. However, Ms. Haley is also linked to two other super PACs and a 501(c)(4) organization.

PACs and nonprofits

Collectively, the PACs SFA Fund Inc., Team Stand For America, and Stand For America PAC had a total of about $19.5 million on hand at the end of June, according to FEC records. Most of the money was in SFA Fund, which held about $17 million. Those funds had raised $28 million through June, the last time that the FEC required PACs to disclose their fundraising activities.

A super PAC can solicit or make unlimited contributions from individuals, corporations, labor unions, and other political committees, according to the regulatory agency.