President Barack Obama to attend democratic fundraiser at Irwin Jacobs’ home in La Jolla in May

The Associated Press is reporting that President

Barack Obama

will travel to California in May to raise money for

House Democrats

at the La Jolla home of

Qualcomm Inc.

founder

Irwin Jacobs

1. That’s according to an invitation obtained by

The Associated Press

.

The May 8 lunch is among at least six fundraisers Obama will hold for the

Democratic Congressional Campaign Committee

in coming months, reports AP’s Josh Lederman. House Democratic leader

Nancy Pelosi

of California is scheduled to attend.

The cost is $10,000 per person. Couples who donate $32,400, the legal maximum, also get a photo op and VIP reception.