White House · Donald Trump · Oracle · Palantir · CNBC Technology
Trump’s Freedom 250 draws corporate sponsors with business before his administration
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WASHINGTON, On the National Mall this week, Freedom 250 signs pointed visitors toward temporary state pavilions, a Ferris wheel and mobile, transitory history exhibits.
Key facts
- Freedom 250 fundraising materials, first reported by The New York Times, described tiered sponsorship: Donors giving at least $500,000 were offered VIP access, invitations and preferred seating
- For $10 million or more, companies got VIP access to all Freedom 250 events, logo rights, a tailored press release, a July 4 speaking role and a private Trump-hosted reception with a photo
- Congress set aside $150 million for the anniversary, but America250 had received only $25 million as of early June, according to a report obtained by Washington, D.C., based digital news outlet NOTUS
- UFC President Dana White, a longtime Trump ally, also sent Trump a May 11 letter asking him to reverse a provision in the "Big Beautiful Bill Act" that capped gambling-loss deductions at 90%, ESPN
Summary
As the country prepares to mark its semiquincentennial, or 250th birthday, the splashiest celebrations in Washington are being shaped by corporate money. A CNBC analysis found 14 companies backing both America250, the nonprofit supporting the congressionally created U.S. Semiquincentennial Commission, and Freedom 250, the Trump-backed public-private partnership behind some of the administration's most visible anniversary events. The companies listed online as backing both are: Boeing, Deloitte, Exiger, John Deere, Lockheed Martin, Northrop Grumman, Oracle, Palantir, Phorm Energy, RTX SAP, Scotts Miracle-Gro, UFC and United Airlines. Of those companies, only John Deere responded to a CNBC request for comment, but it did not address specific questions about its sponsorship of both organizations.