The Kennedy Center is establishing a new endowment in President Donald Trump’s name, according to reporting by CBS News, which The Hill and Yahoo News also reference. The Kennedy Center’s board of trustees approves the fund during a Thursday meeting, per the reports. The board is chaired by Trump and includes many members reportedly hand-picked by him. The outlets describe the action as part of the Kennedy Center’s ongoing fundraising and governance decisions.
The coverage notes that the decision is made by the trustees at the board meeting and that the endowment is specifically named for the president. Details on the endowment’s size, funding sources, and restrictions are not provided in the excerpts available from the included sources. The Hill also states it reached out to the Kennedy Center for additional comment, but those responses are not included in the provided text.
Overall, the reports agree on the core point: the Kennedy Center board approves a new endowment that bears President Trump’s name.
