Florida officials have administratively dissolved a nonprofit fund connected to President Donald Trump’s planned presidential library because it failed to submit a mandatory annual report, according to government records reviewed by OpenSecrets.
The Donald J. Trump Presidential Library Fund Inc. was created on Dec. 20, 2024 — “to preserve and steward the legacy of President Donald J. Trump and his presidency” — six days after ABC News agreed to make a $15 million “charitable contribution” to Trump’s presidential library effort.
The Trump library fund is now “inactive,” per records held by the Florida Department of State’s Division of Corporations, having last filed any paperwork in February. The date of the Donald J. Trump Presidential Library Fund Inc.’s “dissolution” is listed as Sept. 26.
Reached by phone, Jacob Roth, a Florida-based attorney at the Dhillon Law Group who signed the fund’s registration paperwork and is listed as the organization’s registered agent, declined to comment.
“My job is simply to be the registrant,” said Roth, who also legally formed Trump’s presidential inauguration committee and whose law firm has earned millions of dollars providing legal counsel to Trump’s campaign and supportive political committees.
Among questions that remain unanswered: What is the current role of the Donald J. Trump Presidential Library Fund Inc., and how much money does it have on hand? Roth agreed to forward an email with questions from OpenSecrets to unspecified Donald J. Trump Presidential Library Fund Inc. officials. Those fund representatives, as well as the White House press office, did not respond to requests for comment and none of the prior filings address the fund’s finances.
The Donald J. Trump Presidential Library Fund Inc.’s missing annual report would ostensibly offer new details about the organization’s structure and operation at a time when Trump is actively engaged in planning for a presidential library while still serving as president.
The donation from ABC settled a lawsuit stemming from host George Stephanopoulos allegedly defaming Trump by erroneously asserting on-air that Trump has been found civilly liable in court for raping writer E. Jean Carroll. Rather, Trump was found civilly liable for sexual abuse — considered different under New York state law — and defamation.
In May, Trump created a separate nonprofit, the Donald J. Trump Presidential Library Foundation Inc., for the similar purpose of “charitable, educational, and historical purposes, specifically to steward, preserve, and celebrate the legacy and historical record of President Donald J. Trump and his presidency.” Specifically noted: “establishing and maintaining archives, libraries, and museums” and conducting and supporting educational programs, scholarships, exhibits, and research initiatives.” The Trump administration and the library organizations have so far not explained why there are two similar operations.
The Donald J. Trump Presidential Library Foundation Inc. has been designated as the recipient of property to be used as the site of Trump’s library. This week, a judge disallowed — for now — a motion to block Miami Dade College from providing the land. Critics have panned the land acquisition process, which could potentially involve a hotel, as opaque and rushed, the Miami Herald reported.
It’s unknown how much money either the Donald J. Trump Presidential Library Foundation Inc. or Donald J. Trump Presidential Library Fund Inc. have raised to date, as they’re not compelled by law to disclose those figures.
“As millions pour into Trump’s presidential library, there must be greater transparency about the funding sources to prevent conflicts of interest — taxpayers and lawmakers are left in the dark when disclosures are not filed,” said Omar Tabuni, government affairs manager at the Project on Government Oversight, a nonprofit that investigates government corruption. “Without additional oversight and transparency, and if current practice becomes the norm, we run the risk of presidential libraries becoming another vector of corruption and pay-to-play.”
Federal law does not mandate donor disclosure for presidential libraries, which raises “serious ethical concerns” for the library efforts of any president, regardless of party, said Davina Hurt, director of government ethics at the Markkula Center for Applied Ethics at Santa Clara University in California.
But “this becomes especially problematic when the beneficiary still wields executive power, making it impossible for citizens to distinguish between legitimate historical preservation and attempts to curry favor with those in authority — potentially including foreign donors, business partners, or individuals seeking governmental influence,” Hurt told OpenSecrets.
Trump has already scored tens of millions of dollars for his presidential library, according to a CBS News review of media-related legal settlements, which in addition to the ABC News settlement include the Elon Musk-led social media company X, Facebook parent company Meta and Paramount. Without a disclosure mechanism, the public has no way of tracking whether those donations have been made and which of the presidential library funds received the money.
Trump has also said that a Boeing 747 the Pentagon obtained for free from Qatar will be transferred to his presidential library after his second term ends in early 2029. In the meantime, Trump is hoping to use the $400 million jet, which is currently undergoing retrofitting, as an Air Force One plane.
Several Democratic members of Congress earlier this year introduced the Presidential Library Anti-Corruption Act that would, in part, strictly limit presidential library fundraising and mandate quarterly disclosure of all donations of $200 or more. The bill has sat in the House Oversight and Government Reform Committee since July and has not received a hearing or vote, nor has its Senate companion bill.
“Right now, these libraries are a black box, allowing for anonymous donors and even foreign governments to give unlimited amounts of money,” said Rep. Jared Moskowitz (D-Fla.), one of the sponsors.
The Donald J. Trump Presidential Library Fund Inc. failing to file paperwork that provides “minimal accountability safeguards” illustrates a “pattern of selective compliance that undermines democratic accountability,” Hurt added. “Citizens have a fundamental right to transparency about who seeks to influence a sitting president through library donations.”
Dave Levinthal is a Washington, D.C.-based investigative journalist. He served as OpenSecrets’ editorial and communications director from 2009 to 2011.
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