Obama's inaugural raised $43 million

April 22, 2013 @ 9:19 am

WASHINGTON (AP) - President Barack Obama's inaugural committee raised more than $43 million for his second inauguration, with corporations chipping in a major portion.

Reports filed with the Federal Election Commission show the committee fell about $7 million short of its $50 million fundraising goal.

For his first inauguration, Obama raised $53 million in private money, turning away corporations and individual contributions exceeding $50,000. This time, Obama reversed that policy.

The biggest sum came from AT&T Inc., who gave $4.6 million. Microsoft Corp. donated $2.1 million. Boeing Co. and Chevron Corp. gave a million each.

The largest individual donation of $500,000 came from Timothy Gill, a technology entrepreneur and gay rights activist.

The government pays for official activities like the swearing-in, but donations fund the inaugural balls and other celebrations.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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Comments (24)


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  • CH wrote...
    going firegirl and waterboy(xkop)?
    December 4, 2012 3:32 pm
    we won!!!!!!!!!!!!!!!!!!!!!!!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • HPD 5-0 wrote...
    "commitment to service"
    January 19, 2013 10:53 am
    Way to steal an idea from George H.W.Bush and say it's "yours". This guy is hilarious.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • CH wrote...
    wrong zero-zero -
    January 19, 2013 3:26 pm
    George H.W.Bush say it's "up-yours".
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • longwayhome wrote...
    Enjoy the next 12 years!
    January 19, 2013 6:20 pm
    That's how many years that the Democrats will be in control. That's a conservative estimate. hpd is a bag of crap, along with his homies that live on this site.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • hpygolkyone wrote...
    Hmmmmmm?.............
    January 20, 2013 6:40 am
    I was wondering where fireboy has been, when it suddenly came to me that he is in Washington, D.C.!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • CH wrote...
    Washington for the hundreds of thousands of guests arriving for Monday's swearing-in -
    January 20, 2013 7:44 am
    and to think not one will be a republican!! Hallelujah!!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • CH wrote...
    Our King is now King !!!!!!!!!!!!!
    January 20, 2013 7:58 am
    rejoice America!!!!!!!!!!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • CH wrote...
    hpygolkyone -
    January 20, 2013 6:00 pm
    she is having a good cry along with the rest of the munchkins!! My tears are tears of JOY!!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • longwayhome wrote...
    hpd loser
    January 20, 2013 6:48 pm
    You once mentioned you were Hispanic. Correct me if I'm wrong, but unless you were using that as an advantage to gain some sympathy you certainly are out of bounds when it comes to human rights. If you are indeed Hispanic, which I doubt because of your ignorant posts, you should be lucky you live in a country that accepts any and all, and gives them the right to most anything they can get their hands on. As I write this I realize that it's pointless and a waste of my time to try and explain anything to a republican, I should know better.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Kosh wrote...
    Poor, Poor Barry
    January 20, 2013 8:42 pm
    Will soon be IMPEACHED just like Clinton :)
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • cigarfan wrote...
    point of order
    January 21, 2013 10:02 am
    Clinton was convicted by the House but acquitted by the Senate, thus, you are NOT removed (impeached).
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • { "Thumbs Up":"1","Thumbs Down":"-1" }