John Weaver is shown on a campaign bus in Bow, NH, in this January 20, 2016 file photo. The Lincoln Project launched in November 2019 as a super PAC that allowed its executives to raise and spend unlimited amounts of money.

Charles Krupa | AP

The Lincoln Project, a group of conservative activists that made a splash with viral ads targeting former President Trump, is at risk of losing financial support after one of its founders is accused of sexual misconduct.

Several wealthy donors are considering cutting off their support for the organization, according to people close to these financiers. They pay particular attention to the results of an outside investigation into whether other leaders were aware of the alleged harassment of several men by co-founder John Weaver, these people added.

Some of those close to the donors declined to be named because they were concerned about retaliation from the leaders of the Lincoln Project and their allies.

Despite numerous reports to the contrary, the Lincoln Project – its original members include Senator John McCain’s 2008 presidential campaign leader Steve Schmidt, the author and former advisor to the George HW Bush campaign, Rick Wilson, and conservative attorney George Conway – denied being aware of any misconduct allegations against Weaver until recently. The group condemned Weaver’s conduct on January 31st.

Weaver told the New York Times in January that he was a withdrawn gay man and that he was “really sorry for these men and everyone and for abandoning so many people.”

The Lincoln Project said Thursday that it is “retaining a top notch outside professional to review Mr. Weaver’s tenure with the organization and establish both accountability and best practices for the Lincoln Project”.

The FBI is also investigating the allegations against Weaver, according to independent journalist Yashar Ali, who cited sources who claimed they were being contacted by agents.

The Lincoln Project did not respond to subsequent CNBC requests for comment.

The group will continue to need financial assistance as it continues its stated mission of targeting pro-Trump politicians and the former president. The group has reportedly tried to start a media company. There is already a live online show called “LPTV”. A United Talent Agency representative, who reportedly held talks to increase the group’s media presence, did not respond to a request for comment.

The PAC raised over $ 87 million, much of it from several Democratic megadonors. Those in charge of the organization were so confident that some organizers told CNBC in May they wanted to reach out to billionaire and former presidential candidate Mike Bloomberg for a donation. Records show that Bloomberg didn’t help.

Much of the Lincoln Project’s spending went towards paying vendors owned by its executives. The group was founded in December 2019.

Donor Jen Pritzker, a member of the wealthy and influential Pritzker family, suggested that given the allegations against Weaver, she could stop giving money to the group. Pritzker contributed to the joint fundraising committee of President Joe Biden and other democratic groups.

“I believed in the Lincoln Project’s mission and supported its efforts to prevent Donald Trump from being re-elected,” Pritzker told CNBC in a statement. “As a donor, I trusted that my gift would be used to further support the organization’s goals. Sexual misconduct cannot be tolerated by any organization. Anyone can be a victim, and these allegations should be handled in accordance with human rights law.”

A spokeswoman for Pritzkers Tawani Enterprises stated that she had not yet made a decision as to whether she would make a contribution in the future.

Pritzker donated $ 100,000 to the Lincoln Project in October, Federal Election Commission records show. Another family member, John Pritzker, also gave the group $ 100,000. He did not return a request for comment.

When asked by CNBC whether Jeffrey Katzenberg would stop giving the Lincoln Project, an advisor to the Hollywood power player didn’t rule it out. “Not our focus,” said the consultant in an email. Katzenberg gave the PAC $ 100,000 in August. Katzenbeg was also a major Biden bundler.

Meanwhile, CNBC has learned that two previous Lincoln project vendors will no longer work with the group.

Aaron, Thomas & Associates, who describes himself as a specialist in political direct mail, received over $ 90,000 from the group in September, records show. The company’s work with the group stopped before the Weaver allegations surfaced, but the company has decided not to take any more business from the Lincoln project.

“Absolutely not,” replied founder Fred Thomas when asked by CNBC if the Lincoln project would work again. “When we cited this work, we weren’t even aware of what it was or who it was for. We broke it up with someone else anyway,” he added, noting that his company “doesn’t want negative results from Mail. “

Anedot, a campaign donation processor used in the Lincoln Project’s final election cycle, is closing its account with the group, according to a company official who refused to be named.

“Anedot was recently made aware of certain incidents that resulted in our account team notifying the account owner that the account will be closed,” the representative said.

The non-partisan Center for Responsive Politics says Anedot received fees of over $ 3 million in the 2020 cycle. Anedot’s representative said he did not give any reasons for closing accounts.

In building its media business through the Lincoln Project, CNBC turned to Zeldavision, a live streaming production company that received over $ 1 million from the group. The company promotes a partnership with the PAC. According to the Zeldavision website, it also appears to be helping to produce the Lincoln Project’s live content.

The company did not answer whether it would stand by the PAC in the future.

Tara Setmayer, who distinguishes herself as a senior advisor on her Twitter page and has hosted an LPTV show, said she was “dismayed and disappointed” by the recent event surrounding the Lincoln project.

“It cannot be tolerated. More to say,” added Setmayer.