The Joplin Globe, Joplin, MO

Presidential Transition

January 14, 2009

Obama releases list of inaugural donation bundlers

WASHINGTON (AP) — More than 5,000 people have donated to President-elect Barack Obama’s inauguration fund, but a big chunk of the money is the work of a small number of people.

A bundler list released by Obama’s inaugural committee shows that more than one-third of the $35 million it reports raising for next week’s festivities was collected by just 56 people. Each gathered at least $200,000 from donors.

Many are well-known moneymen and women in Democratic circles. Those leading the list raised at least $300,000. They include Penny Pritzker, billionaire Hyatt hotel heiress and a top Obama campaign fundraiser.

The committee accepts donations of up to $50,000 from individuals.

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