https://assets1.cbsnewsstatic.com/hub/c ... dacted.pdf*Roshambo » 18 minutes ago » wrote: ↑ Another grift? this leads me to ask.. why is 400M necessary from taxpayers when they already have 350M for a 400M project? There is a trust managing the, and getting paid to do so.
Funds have been received for the White House ballroom project, with President Trump stating that $350 million to $400 million has been raised from private donors. These contributions are managed by the Trust for the National Mall and include donations from major tech companies, defense contractors, and corporate donors.
Key details regarding the donations:
- Donors: Identified contributors include Lockheed Martin, Amazon, Meta, Apple, Google, Comcast, T-Mobile, and Coinbase.
- Amount Raised: Reports indicate the project has secured around $350 million, with estimates for the total build reaching up to $400 million.
- Transparency Concerns: While a partial list of donors exists, the specific, individual donation amounts are not fully public.
- Management Fees: The trust managing the donations receives a 2% to 2.5% fee on funds received, notes
JuCo 5 percenter...72
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