Major Technology Companies Join List of Biden Inaugural Donors - News Summed Up

Major Technology Companies Join List of Biden Inaugural Donors


Major technology companies like Google and Microsoft, as well as telecommunications giants like Comcast and Verizon, are among the nearly 1,000 people and groups that have donated at least $200 to the committee organizing President-elect Joseph R. Biden Jr.’s scaled-back inauguration celebration this month. The donor list, released Saturday evening by the committee, was filled mostly with individual donors, including major givers to Democrats such as Arthur Blank, the owner of the Atlanta Falcons; Richard C. Blum, the husband of Senator Dianne Feinstein of California; and Donald Sussman, a hedge fund mogul. The inaugural committee did not list any of the amounts that these 959 donors had given as of Dec. 31, the end of the period covered in the voluntary disclosure. The actual donor amounts may not be known until 90 days after the inauguration when the committee will be required under law to disclose the names and amounts of all donations over $200. There are no legal limitations on how much a donor can give to an inaugural committee, but Mr. Biden’s committee voluntarily limited contributions by individuals to $500,000 and by corporations to $1 million.


Source: New York Times January 10, 2021 03:11 UTC



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