Trump’s Presidential Library plans to take off on a jet with $37 million

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  • The new nonprofit organization, Donald J. Trump’s Presidential Library Foundation, was established.
  • The foundation, led by Eric Trump and Michael Boulos, aims to maintain and celebrate Trump’s legacy and presidency.
  • A total of $37 million Meta, a settlement from ABC and a $400 million Boeing 747 from Qatar are targeted at libraries.
  • Libraries, like other presidential libraries in the US Presidential Library System, are personally funded and maintained.

A $400 million luxury jet awaits on the wings, and thanks to the $37 million check-in hand – Meta and ABC settlement, President Donald Trump’s future presidential library plans are ready to take off.

All you need is a nonprofit organization or 2- to remove it from the ground.

To that end, Trump’s son Eric and son-in-law Michael Boulos have filed papers for the second in the last six months to establish a nonprofit organization to raise funds for the library.

The nonprofit Donald J. Trump Library Foundation says it will “celebrate the legacy and historical records of President Donald J. Trump,” according to a document filed May 23rd in Florida.

Foundation listing activities include establishing and maintaining archives, libraries and museums, as well as implementing educational programs and community outreach.

The nonprofit, which ultimately has between three and 21 trustees, lists Eric Trump, the second son of the president, who is the executive vice president of the Trump organization, as the “early trustee.” Boulos is a businessman who married the president’s youngest daughter, Tiffany. Attorney James Killie.

The address listed is the same as Trump National Jupiter Golf Club in Jupiter, Florida. In December, a nonprofit with a slightly different name was incorporated into its West Palm Beach address. The Donald J. Trump Presidential Library Fund, Inc., a registered record for that entity, did not name the board.

The White House did not immediately respond to requests for comment from the new nonprofit.

The US Presidential Library System includes 16 presidential libraries documenting the president up to Joe Bidens in Herbert Hoover. They are maintained by the National Archives and Records Management. Museums are usually built in the president’s hometown and are private and donated.

Trump did not build a physical library or museum after his first term, but future libraries are already committed towards it, waiting for a gorgeous jet with their wings.

Meta, the parent company of Facebook and Instagram, has agreed to pay $25 million to resolve the lawsuit filed by Trump after being suspended from social media platforms following January.. 6, 2021, Attack on the US Capitol. Approximately $22 million has been allocated to Trump’s future presidential library. In December, ABC News agreed to pay the library $15 million by author E. Jean Carroll to resolve a honour-loss lawsuit over inaccurate remarks by anchor George Stephanopulos about a civil lawsuit against Trump.

Earlier this week, the Pentagon accepted Qatar’s gorgeous Boeing 747 “The Palace of the Sky” which will be used as the Air Force 1, the president’s plane. Trump said the unprecedented $400 million gift would be moved to his library after his term ends.

sWapna Venugopal Ramaswamy is a White House correspondent for USA Today. x You can follow her at @swapnavenugopal



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