Corporations gave big to Trump inauguration

Corporations gave big to Trump inauguration
© Greg Nash

President Trump’s inaugural committee raised a record $106.7 million, with much of it reportedly coming from major corporations.

According to a Tuesday filing with the Federal Election Commission (FEC), Trump's inauguration raised nearly twice as much as former President Obama’s $55 million for his first inauguration, which was also a record at the time.

Listed by highest contribution, these companies were among Trump's inauguration's biggest donors.

* Boeing - $1 million

* Quicken Loans - $750,000

* Chevron Products Company - $525,000 

* Microsoft - $500,000

* Citgo Petroleum Corp - $500,000

* Google - $285,000

* Pepsi - $257,295 

* UPS - $250,000 

* Chiquita Brands - $100,000

* Metlife - $100,000

* Anthem Inc. - $100,000

* Chevron Products Company - $25,000 

* Transocean Offshore Deepwater Drilling - $25,000

Close friends to Trump also reportedly made significant donations, including Patriots owner Robert Kraft, who contributed $1 million through his sports company, Kraft Group. 


Blackstone CEO Stephen Schwarzman, who also informally advises Trump, gave $250,000, according to the filing.

Tom Barrack, a friend of Trump's who helped oversee the event, told Politico in a statement Tuesday that the fundraising triumph created an “incredible moment” in history.

“The amount of funds raised for the inaugural celebration allowed the president to give the American people, those both at home and visiting Washington, a chance to experience the incredible moment in our democracy where we witness the peaceful transition of power, a cornerstone of American democracy,” Barrack said.

Without providing specifics, inaugural organizers said the leftover funds from the committee’s fundraising efforts will be donated to charity.

— Updated: 10:22 a.m.