Few big companies on inaugural donor list
AT&T and Genentech among the companies donating to President Obama’s upcoming inauguration.
The New York Times
WASHINGTON — President Obama drew criticism last month for allowing unlimited corporate donations to finance his inaugural. But when his inaugural planners released the names of donors Friday, only a few companies were on the list of several hundred contributors.
AT&T, Financial Innovations (a supplier of Democratic-themed merchandise to presidential campaigns and conventions), the biotech firm Genentech; Streamline and Whittier Trust were among the corporate sponsors. Individual names made up much of the rest of the list, available on the inaugural committee’s website.
The committee said it posted the list, which will be updated regularly, in keeping with its “commitment to transparency.” But the document does not contain the amount of the donations; that will become available 90 days after the inaugural, when the Federal Election Commission makes the committee’s financing report public.