President Trump’s son Eric and son-in-law Michael Boulos have founded a new nonprofit to raise money for Mr. Trump’s presidential library, according to incorporation papers filed Friday in Florida.
The nonprofit, called the Donald J. Trump Presidential Library Foundation, is intended to “steward, preserve, and celebrate the legacy and historical record of President Donald J. Trump and his presidency,” the filing said. It was signed on May 19, but filed on Friday.
In the filing, the foundation said it intends to operate as a tax-exempt nonprofit, like the foundations set up to build libraries for other recent presidents. The Internal Revenue Service must grant tax-exempt status, however, and the approval process can take weeks or months.
The foundation’s trustees include Eric Trump, Mr. Boulos — who is married to Mr. Trump’s daughter Tiffany — and James Kiley, a Long Island attorney who has represented Mr. Trump in New York. The president has not said where he intends to locate his library, but his team has reportedly scouted universities in Florida. The foundation’s address, at least for now, is at a Trump golf course in Jupiter, Fla.
This is the second nonprofit set up in Florida to raise money for Mr. Trump’s presidential library. The first, the Donald J. Trump Presidential Library Fund, was incorporated in late December. It is still listed as active by the state of Florida, but it has not been granted tax exemption by the I.R.S. Mr. Kiley did not immediately respond to an email asking why there were two.
Though Mr. Trump’s library nonprofit is new, it may soon have millions in the bank.
ABC News and Meta agreed to make a total of $37 million in donations to Mr. Trump’s library, to settle lawsuits that Mr. Trump filed against them before he was re-elected. In ABC News’s case, the legal settlement indicates that the money will held in escrow until Mr. Trump’s group is granted tax exemption by the I.R.S.
A spokesman for Meta declined to say if its settlement has a similar provision.
In recent weeks, Mr. Trump has also said he would like the 747 aircraft that Qatar donated to serve as Air Force One to be turned over to his library after he leaves office. There is a precedent for that: Ronald Reagan’s presidential library includes an old Air Force One as an exhibit for tourists to visit.
David A. Fahrenthold is a Times investigative reporter writing about nonprofit organizations. He has been a reporter for two decades.
Maggie Haberman is a White House correspondent for The Times, reporting on President Trump.
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