San Francisco (CNN) – We all know that San Francisco's an overwhelmingly Democratic leaning city. And if you are a Democratic president running for re-election, the city's also a pretty good place to fund raise, and that's just what President Barack Obama's doing Wednesday night and Thursday morning.
The president headlines two fundraisers Wednesday night. The first is a small dinner at a private residence and the second is being held at the Nob Hill Masonic Center. National Football League hall of famer Jerry Rice, a former wide receiver with the San Francisco 49ers, is scheduled to speak at the second event, which is expected to have approximately 2,500 people in attendance.
Thursday morning Obama headlines a breakfast at the St. Regis hotel. A source with knowledge of the events says the gatherings will "include a broad range of the President's supporters with tickets starting at $25 and ranging to the legal maximum limit of $35,800."
All money raised is expected to go to the Obama Victory Fund, which is split between the president's re-election campaign and the Democratic National Committee.
In the 2008 election cycle San Francisco was the source of $46.4 million in federal contributions, with 82 percent going to Democratic candidates, party committees and Democratic leaning organizations, according to FEC data compiled by the Center for Responsive Politics.
The president heads to San Francisco after holding a town hall earlier in the day at Facebook headquarters in Palo Alto, California. The president is highlighting his proposals to reduce the nation's deficit at a trio of town halls this week. The first was held Tuesday in northern Virginia, with the final town hall scheduled for Reno, Nevada Thursday.
The president also headlines two fundraisers in Los Angeles on Thursday. The first is a 60-person dinner at the Sony Pictures lot, with the second at a restaurant in Brentwood. In the 2008 cycle, Los Angeles County was the source of $150.4 million in political contributions.
The president announced on April 4 that he was setting up his re-election campaign. Last week he personally kicked off his fundraising drive by headlining three events in his hometown of Chicago. Next week Obama's first round of fundraising ends with a gathering in New York City. Obama shattered all records by raising nearly $750 million in his bid for the White House in 2008.
Besides being a smart place for Democratic candidates to raise money, the Golden state's also generally a safe spot for Democrats in presidential contests. Obama topped fellow Sen. John McCain by a 61 to 37 percent margin to win California's 55 electoral votes in the 2008 election. George H.W. Bush's 1988 victory in the state was the last time a Republican presidential candidate carried California.
–CNN National Political Correspondent Jessica Yellin contributed to this story