Several NFL team owners stepped up to write $1 million checks to Trump's committee.
Two Hartford-based insurers were among the corporations that contributed to President Donald Trump's record $107 million inaugural fundraising haul.
Barack Obama's historic first inauguration collected a net of $53 million in 2009; Obama's team took in $44 million in 2013.
"Funding the inaugural committee is pretty much a non-partisan activity that has gone back every administration", Spicer said.
That's according to documents filed with the Federal Election Commission show.
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.
That leaves a bit of a mystery: What the $107 million was spent for and how much was left over - the excess, if any, to go to charity.
"The amount of funds raised for the inaugural celebration allowed the President to give the American people, those both at home and visiting Washington, a chance to experience the incredible moment in our democracy where we witness the peaceful transition of power, a cornerstone of American democracy", the committee's chairman, Tom Barrack, said in a statement. Trump's committee held two inaugural balls.
Trump plans to name the New York Jets' Woody Johnson, one of those million-dollar donors, to be the country's ambassador to the United Kingdom.
Other donors include some people who were once critical of Trump but may now seek a better relationship with the White House, including NY fundraiser Paul Singer, who once predicted Trump would trigger a global recession but gave him $1 million in early December.
Unlike Trump, the 2009 committee did not accept corporate contributions and limited individual donations to a maximum of $50,000.
Inaugural officials didn't immediately return requests for comment yesterday but their release promised more details about charitable giving at a later date.
Inaugural committees face few of the regulations that limit campaigns in what they can raise and how they can go about raising it.
The apparent policy reversals have angered many of Trump's supporters on the far-right.
Former President George W. Bush raised $40 million to $42 million for each of his two inaugurations.
Numerous companies that donated to Trump, a Republican, have significant matters pending before the US government or have been invited to White House events. For example, he pledged in January 2016 to donate millions to veterans from a highly publicized fundraiser, including $1 million of his own money.
On Wednesday, The Wall Street Journal, citing unnamed sources, reported that Exxon has asked the U.S. Treasury Department to give the company a waiver from U.S. sanctions against Russia to allow the company to resume drilling operations with the Russian-owned oil company, Rosneft.