Biden Library Faces Funding Hurdles
Update: 2025-12-13
Description
Former President Joe Bidens presidential library faces a significant fundraising challenge, with no new donations in 2024 and only four million dollars transferred from his inaugural committee. The foundation aims to raise a modest eleven point three million dollars by 2027, far below the initial two hundred million dollar goal. Internal friction and strained relations with donors further complicate the situation. However, the University of Delawares fundraising efforts for a Biden Hall may provide a potential solution. The foundation is now actively working to improve its fundraising strategies, including hiring a firm to assess financial prospects and reaching out to potential donors.
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