Members of President Donald Trump’s Board of Peace have pledged more than $5 billion in aid for Gaza, the president announced Sunday.

Trump made the announcement on Truth Social, saying the funding would be formally pledged during a February 19 meeting in Washington, D.C.

“On February 19th, 2026, I will again be joined by Board of Peace Members at the Donald J. Trump Institute of Peace in Washington, D.C., where we will announce that Member States have pledged more than $5 BILLION DOLLARS toward the Gaza Humanitarian and Reconstruction efforts, and have committed thousands of personnel to the International Stabilization Force and Local Police to maintain Security and Peace for Gazans. Very importantly, Hamas must uphold its commitment to Full and Immediate Demilitarization. The Board of Peace will prove to be the most consequential International Body in History, and it is my honor to serve as its Chairman,” Trump wrote.

“The Board of Peace has unlimited potential. Last October, I released a Plan for the permanent end to the Conflict in Gaza, and our Vision was unanimously adopted by the United Nations Security Council. Shortly thereafter, we facilitated Humanitarian Aid at record speed, and secured the release of every living and deceased Hostage. Just last month, two dozen distinguished Founding Members joined me in Davos, Switzerland, to celebrate its official formation, and present a bold Vision for the Civilians in Gaza, and then, ultimately, far beyond Gaza — WORLD PEACE!” he said.

This is a developing story. Check back soon for updates.