The inaugural Committee trump still not give the money to charity

The inaugural Committee trump still not give the money to charity

For the ceremony of joining Donald trump in his new position, the inaugural Committee of President of the United States collected a record amount of $106.7 million.

It is almost two times morethan needed for a similar procedure, organized for Barack Obama in 2009. The inauguration of the 44th President of the cost Committee of $55 million, and the remaining funds traditionally distributed to charity.

The inaugural Committee trump still not give the money to charity

This year a record amount was collected with the permission of Donald trump’s private and corporate sponsors to voluntarily contribute unlimited funds to conduct the inauguration.

Especially generous was the donation from casino Mogul Sheldon Adelson – $5 million, and from companies such as Boeing, AT&T and Reynolds American.

As a rule, the process for the transfer of the money to charities starts within three months after the ceremony.

But the Committee trump «slightly» late, it’s already mid-September, and his promise of a donation of unspent funds, which «no doubt will exceed the amount from any other inauguration», is still not completed.

Moreover, the Chairman of the inaugural Committee That Barack back in June made a statement to the media that “the full and net external financial audit has been conducted and completed”.

However, the amount that was supposed to remain on 106,7 million after all the concerts, balls and other festive events still remains unknown.

On what did they spend these funds? According to sources, the Associated Press, only one concert, held the day before the inauguration at the Lincoln Memorial, where he performed with stars such as country music artist Toby Keith and the rock band Three Doors Down, at a cost of $25 million.

Part of the amount has been allocated to repair the White house and naval Observatory, which is the official residence of the Vice-President of the United States. The rest of the data remain secret, however, in late November, the Committee must make public its annual financial report.

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