Theodore Roosevelt Presidential Library organizers raise $100M, can tap into $50M in state money
Organizers of the planned Theodore Roosevelt Presidential Library say they've raised $100 million for the project, unlocking $50 million in state money.
Top donors include Gov. Doug Burgum, a Walmart heir and a raft of North Dakota business executives.
The library's foundation on Tuesday announced "$100 million in commitments" for the project. Burgum championed the library to the 2019 Legislature, which approved a $50 million operations endowment that's accessible only after $100 million is raised privately for construction, planned for near Medora. The Old West tourist town sits at the gates of Theodore Roosevelt National Park in the Badlands.
The announcement came during a virtual event on the anniversary of the 26th president's 1858 birth. Roosevelt ranched and hunted as a young man in the Medora-area Badlands in the 1880s before moving on to the White House.
Read more: https://bismarcktribune.com/news/local/govt-and-politics/theodore-roosevelt-presidential-library-organizers-raise-100m-can-tap-into-50m-in-state-money/article_c5498a0f-646c-5ed8-9f44-62bbed26f67a.html
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