* Construction costs + initial endowment
Funding Progress
Help us achieve our fundraising goal
Project Breakdown
Funding
$270.5M raised through private donations.
Financing
$70M line of credit through the Bank of North Dakota, authorized by the state legislature and governor, to be repaid at prevailing interest rates. TRPLF has utilized 0% of the available funding.
Endowment
The state of North Dakota has provided $50M in an operating endowment with a maximum yearly draw of 4%. These funds cannot be used towards the building construction.
Project Construction Costs ($400M)
$276M in building construction, land acquisition, design, and contingency
$61M in exhibit development and fabrication
$63M for archives digitization and operations
Proposed Legislation
$50M proposed federal legislation to provide support for construction and housing of loaned government-owned TR artifacts (pending congressional approval)
Last updated June 26, 2024