U.S. President Obama pauses as he speaks to the media about the "fiscal cliff" in Washington
Yuri Gripas  /  REUTERS
U.S. President Barack Obama pauses as he speaks to the media about the "fiscal cliff" in the White House Briefing Room in Washington December 19, 2012. REUTERS/Yuri Gripas
updated 1/4/2013 9:36:50 PM ET 2013-01-05T02:36:50

WASHINGTON (Reuters) - More than 400 donors, including AT&T Inc and Microsoft, have contributed money to help pay for the festivities to mark President Barack Obama's inauguration to a second term, organizers said on Friday.

The committee of Obama supporters organizing the parade and other gala events did not say how much money has been raised so far, disclosing only the list of "benefactors," most of whom are individuals.

In 2009, the presidential inauguration committee raised a record $53 million for his first inauguration, refusing corporate donations and capping the maximum donation at $50,000.

This year, the committee is accepting funding from corporations and has encouraged gifts of $250,000 from individuals.

Aside from AT&T and Microsoft, other corporate donors listed were pharmaceutical company Genentech, which is part of Swiss drugmaker Roche Holding AG,, health insurer Centene Corp, and West Coast wealth manager Whittier Trust Co.

Obama will be publicly sworn in for his second term on January 21. The inauguration is expected to be much smaller than Obama's first, which attracted a record 1.8 million visitors. Organizers have planned only two official balls, down from 10 in 2009.

(Reporting by Roberta Rampton; editing by Philip Barbara)

(c) Copyright Thomson Reuters 2013. Check for restrictions at: http://about.reuters.com/fulllegal.asp

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.98%
$30K home equity loan FICO 6.17%
$75K home equity loan FICO 5.94%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 11.01%
11.01%
Cash Back Cards 16.34%
16.34%
Rewards Cards 15.80%
15.80%
Source: Bankrate.com
  1. U.S. President Obama pauses as he speaks to the media about the "fiscal cliff" in Washington
    Yuri Gripas / REUTERS
    Jump to text

    WASHINGTON (Reuters) - More than 400 donors, inc...

  2. Jump to discussion

    AT&T, Microsoft among donors to Obama's second i...

  3. Jump to data

    See the latest rates around the country