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The Barack Obama Foundation is a Chicago-based nonprofit organization founded in 2014. It oversees the creation of the Barack Obama Presidential Center, runs the My Brother's Keeper Alliance (a program Barack Obama began while he was president), and operates a scholarship program through the University of Chicago's Harris School of Public Policy.
Organizing for Action (OFA) was a nonprofit organization and community organizing project that advocated for the agenda of former U.S. President Barack Obama. [2] [3] The organization was officially non-partisan, [3] but its agenda and policies were strongly allied with the Democratic Party. [4]
The foundation's 2017 annual report, and its 2017 IRS filing, show that the Obama Foundation raised $232.6 million, on expenses of $23 million. The year after Obama left office was the first year the foundation lifted a cap on donations. While it lists its donors on its website, it no longer specifically links donors to exact amounts.
The Obama Foundation raised $311 million in contributions and grants in 2022, according to the foundation’s annual IRS filing. That’s the largest sum the foundation has raked in since it got ...
The donor takes a tax deduction in the year the initial fund was established, and then the money can be distributed in subsequent years by the fund sponsor under the advisement of the donor.
Former President Barack Obama’s foundation announced Monday that it has received a $100 million donation from Amazon founder Jeff Bezos, which it says is the largest individual contribution it ...
A 2024 investigation by Sludge found that the Priorities USA Foundation, which is a tax-exempt 501(c)(3) charity, has been raising millions of dollars and funneling that money to its affiliated 501(c)(4) political arm, Priorities USA. In 2022, the Priorities USA Foundation moved $10 million, or 96% of the money it had raised, to its political arm.
Obama and Raul Castro reversed over 60 years of tension between the U.S. and Cuba by restoring diplomatic ties. 4. He urged states in 2013 to raise the minimum wage to $10.10 an hour.