Former Sen. Kelly Loeffler, who is President Donald Trump's nominee for the Small Business Administration (SBA) administrator, has announced her intention to donate her entire federal salary to charity if confirmed for the position. Loeffler, a successful business executive and philanthropist, served as a senator from Georgia for two years.
If confirmed, Loeffler plans to donate her annual federal pay of approximately $207,500 to charitable organizations. This pledge aligns with her past actions during her time in Congress from 2019 to 2021, where she donated her Senate salary of $174,000 per year to over 40 Georgia charities and nonprofits.
Her donations supported a wide range of causes, including food banks, faith groups, organizations advocating against abortion, foster care/adoption groups, as well as those promoting healthcare, agriculture, education, law enforcement, and disaster relief.
During the height of the pandemic, Loeffler also contributed $1 million to Phoebe Putney Hospital in Albany, Georgia, a city severely impacted by the health crisis. Raised in a family of small business owners and entrepreneurs, Loeffler's background includes working on her family farm in Illinois and building a Fortune 500 financial services and technology company with her husband Jeff.
Additionally, Loeffler served as the founding CEO of another company, Bakkt, and was a part owner of the WNBA's Atlanta Dream. Known for her philanthropy and support of Republican causes, Loeffler has been a significant donor to various political campaigns, including President Trump's.
If confirmed as the SBA administrator, Loeffler aims to continue her practice of donating her federal salary to charitable causes while focusing on advancing the interests of entrepreneurs across the country. Despite her success in the business world, Loeffler rose to prominence in politics after being appointed to the Senate to fill a vacant seat in 2019.
Following her narrow loss in the January 2021 runoff election, Loeffler's nomination for the SBA administrator position reflects her commitment to public service and philanthropy.