George Bush: $500 Million Raised For Presidential LibraryBy: Sean Patterson - April 10, 2013
George W. Bush‘s presidency will be be felt throughout the world for some decades to come, and now the 43rd president of the United States has also ensured that his presidential library will be the best-funded presidential center in history.
According to a report from Time magazine, President George W. Bush has raised more than $500 million for the George W. Bush Presidential Center in Dallas, Texas. Loosed from the constraints of campaign finance laws, Bush was able to raise more money for the center than he raised during either of his presidential campaigns.
Mark Langdale, the president of the George W. Bush Presidential Center, told Time that half the money will pay for the construction of the building, which is located on the campus of Southern Methodist University (SMU). Other portions of the money will go to SMU and the U.S. government, while the remaining portion will be used to fund the George W. Bush Institute. Landale stated that the institute will contribute to “advancing freedom and the principles that have guided President and Mrs. Bush in their service to their country.”
The George W. Bush Presidential Center is scheduled to be dedicated during a ceremony on April 25.