What is Donald Trump's inaugural fund? Full list of companies that have made million dollars of donations

Donald Trump is set to take charge as the US President on January 20, 2025. Companies ranging from finance majors to Silicon Valley behemoths are pledging donations to Donald Trump's inaugural fund as business leaders rush to ensure a favorable relationship with the US president-elect after his November election win, Reuters reported.

What is Donald Trump's Inaugural Fund?

Donald Trump has a specially designed panel to plan and look after inaugural events. It is known as the Trump-Vance Inaugural Committee, Inc. It is a nonprofit 501(c)(4) entity and has rights to accept "limitless donations", according to a report on CBS News.

Below is a list of companies that are contributing funds for Trump's inauguration for his second term in the White House.


Robinhood

Retail trading platform Robinhood donated $2 million to U.S. President-elect Donald Trump's inaugural fund, a company spokesperson told Reuters on Tuesday.

UBER TECHNOLOGIES

Uber Technologies and its CEO Dara Khosrowshahi donated $1 million each, a company spokesperson told Reuters.

AMAZON.COM

Amazon is donating $1 million. The company will also air the inauguration event on its Prime Video service, an Amazon spokesperson said.

META PLATFORMS

Meta Platforms has donated $1 million, a company spokesperson told Reuters.

OPENAI

CEO Sam Altman is planning to make a personal donation of $1 million to the inaugural fund, an OpenAI spokesperson confirmed.

"President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead," Altman said in a statement.

BANK OF AMERICA AND GOLDMAN SACHS

Bank of America, the second-largest U.S. lender, and investment bank Goldman Sachs plan to contribute to Trump's inaugural committees, but have yet to decide on the amount, spokespersons for each bank said.

FAQs

Q1. What is Donald Trump's Inaugural Fund?
A1. Donald Trump has a specially designed panel to plan and look after inaugural events. It is known as the Trump-Vance Inaugural Committee, Inc. It is a nonprofit 501(c)(4) entity and has rights to accept "limitless donations", according to a report on CBS News.

Q2. When will Donald Trump take charge as US President?
A2. Donald Trump is set to take charge as the US President on January 20, 2025.