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

By REUTERS
January 5, 2013 07:00

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

WASHINGTON - More than 400 donors, including AT&T Inc and Microsoft, have contributed money to help pay for the festivities to mark US 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.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
November 19, 2018
Kremlin says Putin told Pence Russia did not meddle in U.S. election-Ifax

By REUTERS