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Obama inaugural bash donations reach $27-million

WASHINGTON — Despite the economic hard times, money keeps pouring in for President-elect Obama's inaugural festivities.

The inaugural committee has raised at least $27-million, donor information on its Web site Tuesday showed.

If fundraising continues at that pace, Obama's committee will have no problem reaching or exceeding the roughly $40-million raised for each of President Bush's two inaugural celebrations.

More than 2,000 donors are helping to finance Obama's Jan. 20 festivities. At least 378 gave the maximum $50,000.

Top donors include financier and major Democratic donor George Soros, actors Halle Berry, Jamie Foxx, Sharon Stone and Samuel L. Jackson, producer Jeffrey Katzenberg and directors Ron Howard, George Lucas, Steven Spielberg and Robert Zemeckis.

The $50,000 donors get access to inaugural events, including candlelight dinners with appearances by members of Congress and the Obamas.

The inaugural committee is releasing the names of those who give $200 or more. It is refusing money from labor unions, corporations, political action committees, foreigners and Washington lobbyists.

Obama inaugural bash donations reach $27-million 01/06/09 [Last modified: Wednesday, November 3, 2010 9:26am]
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