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Fund drive for transition already up and running

October 30, 2008

KISSIMMEE, Fla. -- The Obama campaign has opened a new fund-raising front, I've learned, creating a nonprofit entity to bankroll Barack Obama's presidential transition operation, quietly in business for months.

The organization is called the "Obama Transition Project." The money is being raised from individual donors -- no Internet, direct mail or events -- with a $5,000 donation cap. Under self-imposed rules, lobbyists will not be allowed to contribute.