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Biden Has Raised Little For a Presidential Library: Report

Biden Library Foundation projects $11.3 million fundraising by 2027 and considers merging with University of Delaware’s Biden Hall to reduce costs amid slow donor outreach.

  • The New York Times reported Biden's library fundraising lags, with IRS filings showing no money raised in 2024 and just $4 million from the 2021 inauguration.
  • Some loyal donors said they had not been contacted and other Democratic donors told the Times they were unlikely to give, while longtime Democratic donor John Morgan refused support after a recent dinner with former President Bill Clinton.
  • The Biden library foundation incorporated in December 2024, chaired by Rufus Gifford with Annie Tomasini and Anthony Bernal as co-executive directors, contracted CCS Fundraising and delayed fundraisers for intensive research.
  • People close to planning say discussions are underway about merging a Biden library with the University of Delaware’s Biden Hall, which has raised at least $22 million but transferred no funds to the library foundation.
  • Modern presidential libraries now include museums and event spaces, and by comparison, Barack Obama has raised $1.5 billion while Donald Trump is pursuing nearly $1 billion, leaving Biden well short.
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Political Wire broke the news in New York, United States on Saturday, December 13, 2025.
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