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Democratic Donors Reluctant to Fund Biden’s Presidential Library: NBC News

Fundraising for Biden's Delaware presidential library struggles due to donor concerns over his age, health, and political factors, with estimates aiming for $200-$300 million, less than Obama's $850 million project.

  • Former President Joe Biden’s presidential library will be established in Delaware, though fundraising efforts to secure the estimated $200 to $300 million are encountering hesitation among potential donors.
  • This fundraising difficulty stems from Biden's 2024 re-election bid withdrawal amid health concerns, party frustration, and donors wary of attracting the Trump administration's attention.
  • Several major Democratic donors voiced no ill will toward Biden but cited distasteful interactions with his inner circle and a small committed donor base as obstacles to large contributions.
  • John Morgan, a longtime Biden supporter, said, "no significant building will be built," while Chris Korge urged focusing on library funds instead of a second term amid a tough environment for raising large Democratic donations.
  • The library effort contrasts with the $850 million Obama library and could signal challenges in preserving Biden’s legacy given limited donor enthusiasm and ongoing party divisions.
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Lean Left

Biden trusts the loyalty of his donors to once again give him contributions and thus build a majestic library, but several of them refuse

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NBC News broke the news in United States on Friday, September 12, 2025.
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