Former President Biden will establish his presidential library in Delaware, his home state and the launchpad of his political career. A 13-member board, chaired by Rufus Gifford, will oversee the project. The library aims to be a center for history, learning, and civic engagement. While the exact cost remains undetermined, it's expected to fall between the George H.W. Bush and Obama Presidential Center budgets. The project's funding will rely on private donations, facing challenges amid political divisions and potential donor hesitancy.

Prepared by Lauren Mitchell and reviewed by editorial team.