Trump inaugural committee raised $106.7M

President Trump’s inaugural committee raised a record-breaking $106.7 million to pay for his inauguration festivities, it announced Tuesday. 

The sum is almost double the previous record set in 2009 by former President Obama, whose committee raised $55 million.

The Presidential Inaugural Committee said it would donate any leftover funds to charity, but conceded it has not yet selected which organizations the money would go to. 

{mosads}It’s unclear how much money the committee has left in its coffers. A Federal Election Commission report detailing its fundraising was not immediately available. 

Trump’s inauguration was expected to cost as much as $200 million, with costs split between the inaugural committee, the Joint Congressional Committee on Inaugural Ceremonies and federal and local governments. 

The committee said it hosted more than 20 events during the inaugural festivities, including a free concert near the Lincoln Memorial and two inaugural balls.