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Biden's library foundation raised just $4M, far short of $200M goal, with no 2024 donations and merger talks underway.
Former President Joe Biden’s presidential library foundation has raised only $4 million—mostly leftover from his 2021 inauguration—with no new donations in 2024 and projected revenue of just $11.3 million by 2027, far short of the $200 million goal.
IRS filings show minimal fundraising activity, prompting concerns about the project’s viability.
Some Democratic donors are hesitant to contribute, citing poor relations with Biden’s staff and a focus on opposing former President Trump.
Officials are now considering merging the library with existing Biden-affiliated institutions at the University of Delaware.
The project remains in an exploratory phase, with no final decisions on location, design, or funding structure.
La fundación de la biblioteca de Biden recaudó solo $ 4M, muy por debajo de la meta de $ 200M, sin donaciones para 2024 y conversaciones de fusión en curso.