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.

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