Warren, Blumenthal, Stansbury Press Trump Library Foundation on Millions of Dollars in Missing Donations, Mysterious Expenditures

Financial disclosures reveal as much as $14.5 million in unaccounted funds; $7 million in undisclosed expenditures “This money appears to have been spent with no explanation provided as to how, or by who, or how it may be related to the library.” Text of Letter (PDF) Washington, D.C. — U.S. Senators Elizabeth Warren (D-Mass.) and Richard Blumenthal (D-Conn.) and Representative Melanie Stansbury (D-N.M.) probed the Donald J. Trump Presidential Library Foundation after recent financial disclosures revealed at least $6.5 million and up to $14.5 million in missing funds, as well as an additional $7 million in unexplained expenditures. The lawmakers have previously sounded the alarm about Trump’s Presidential Library being used as a tool for possible corruption and bribery . The lawmakers ramped up their investigation into Library funding after reports that the Donald J. Trump Presidential Library Fund, Inc. (Fund), the initial recipient of numerous large donations flowing from settlements with ABC News, Paramount, and Meta, was dissolved in September 2025 after failing to submit a mandatory annual report — leaving millions of dollars in donations unaccounted for. In May 2025, a second nonprofit, the Donald J. Trump Presidential Library Foundation, Inc., was incorporated with the same stated purpose as the Fund. Questions remain as to why the Foundation was formed when the Fund already existed and whether any money held by the Fund was transferred to the Foundation once the Fund was dissolved. Big Tech CEOs’ responses indicated that they had no knowledge of where millions in settlement money to the now-dissolved Presidential Library fund had gone. “This was a concerning finding, particularly given the President’s failure to respond to questions about the matter and the cloud of corruption, self-enrichment, and quid pro quo accusations that have become more acute with each passing day of the Trump Administration,” wrote the lawmakers. President Trump’s 2025 financial disclosures, made public June 30, 2026, appear to indicate that the total amount of settlement funds from the four companies originally in question was $64.5 million. $56.5 million of that settlement money was paid to the Foundation by Meta, ABC, and Paramount. An additional $8 million of settlement funds were paid to the President by X and reportedly were to be provided to the library, but the disclosures do not clarify if this money went to the Foundation. Financial disclosures for the Foundation currently indicate that, as of October 10, 2025, the Foundation had received $50 million in revenue. This leaves a gap of up to $14.5 million that remains unaccounted for, assuming that the Foundation took possession of the original settlements and no other donations have been received. The Foundation disclosures also reveal nearly $7 million in expenditures with no clear explanation as to how this money was spent — including a whopping $6 million listed under a category merely called “other.” “This money appears to have been spent with no explanation provided as to how, or by who, or how it may be related to the library,” wrote the lawmakers. At the time of the disclosure in October 2025, the Foundation had not yet appeared to make any significant progress beyond scouting potential locations and securing a property donation at no expense from the state of Florida in late September — raising questions about the organization’s expenses. This investigation follows efforts by Senator Warren to root out and end President Trump’s possible corruption involving the Presidential Library. Last July, Senator Warren led her colleagues in introducing the Presidential Library Anti-Corruption Act to close loopholes and root out corruption in the creation and procurement of funds for presidential libraries. “The gaps in these new disclosure documents reveal the urgent need for this legislation,” concluded the lawmakers. Senator Warren pressed the Foundation for answers regarding any potential corruption, including naming the sources of its $50 million in reported revenue; whether President Trump or any members of his family have received payments from the Foundation; and to explain the discrepancy between public reports of donations and the new financial disclosure. Senator Warren has led the fight to prevent the Trump family from using the Trump Presidential Library for corrupt pay-to-play deals: In July 2026, Senators Elizabeth Warren (D-Mass.) and Richard Blumenthal (D-Conn.), along with Representative Melanie Stansbury (D-N.M.), opened an investigation into reports that Softbank Group (Softbank) recently donated $50 million to the Trump Presidential Library — the largest publicly disclosed contribution to the Library and a possible attempt to curry political favor. In April 2026, Senators Warren (D-Mass.) and Blumenthal (D-Conn.), along with Representative Stansbury (D-N.M.), released new responses from Big Tech CEOs indicating that they have no public explanation for where as much as $63 million in settlement money to Donald Trump’s now-dissolved Presidential Library fund has gone. The lawmakers followed up with a new letter to President Donald Trump pressing for answers to solve the ongoing mystery of the missing millions. In March 2026, Senators Warren (D-Mass.) and Blumenthal (D-Conn.), along with Representative Melanie Stansbury (D-N.M.), pressed ABC, Meta, X, and Paramount on their settlements with President Donald Trump, in which the companies promised to donate as much as $63 million to President Trump’s future Presidential Library. In July 2025, Senators Warren (D-Mass.) and Blumenthal (D-Conn.), along with Representatives Moskowitz (D-Fla.), Raskin (D-Md.), and Stansbury (D-N.M.) unveiled the Presidential Library Anti-Corruption Act to close loopholes that allow presidential libraries to be used as tools for corruption and bribery. In July 2025, Senator Elizabeth Warren (D-Mass.) released a new report exposing how companies, special interests, and foreign governments may be pledging donations to President Trump’s future Presidential Library as a corrupt tool to secure favorable outcomes from his administration. ###