Biden Has Raised Little of What He Needs to Build a Presidential Library
The New York Times • • nation
Key Points:
- Former President Joe Biden has raised only a small fraction of the funds needed for his presidential library, with no new donations reported in 2024 and a total expected fundraising of just $11.3 million by 2027, far below the $200 million target.
- The Biden library foundation was initially funded with $4 million leftover from Biden's 2021 inauguration, and active fundraising efforts have only recently begun, including a donor event scheduled in Washington, D.C.
- Due to slow fundraising, there are discussions about consolidating the Biden library with existing Biden-related institutions at the University of Delaware, potentially leveraging funds already raised for “Biden Hall.”
- Some loyal Biden donors have not been contacted for contributions, and other Democratic
