EIN 46-4950751

The Obama Foundation

IRS 501(c) type
501(c)(3)
Num. employees
312
Year formed
2014
Most recent tax filings
2023-12-01
Description
Obama Foundation's mission is to inspire and empower people to change their world.
Also known as...
The Barack Obama Foundation
Total revenues
$140,586,104
2023
Total expenses
$87,462,284
2023
Total assets
$986,582,755
2023
Num. employees
312
2023

Program areas at The Obama Foundation

Obama Foundation programming:in service of The Foundation's mission to inspire, empower, and connect people to change their world, The Foundation continued to work with young leaders in a variety of local, national, and global programs.scholars: our scholars program supports leaders around The world who are ready to take their work to The next level via a one-year residential program that brings together academic, skills-based, and hands-on learning. For The 2022-2023 school year, The scholars program included 18 scholars at The university of chicago and 12 scholars at columbia university.leaders: leaders africa, asia-pacific, europe, and usa are each leadership programs aimed at building and empowering regional networks of changemakers. The regional cohorts participate in values-based leadership training. The leaders africa program began in 2018, The leaders asia-pacific program launched in 2019, The leaders europe program launched in 2020, and The leaders usa program launched in 2022. The africa, asia-pacific, and europe cohorts each contain 35 members, and The usa cohort contains 100.the voyager scholarship: The obama-chesky scholarship for public service, launched in 2022 with The selection of 100 students to receive scholarships. Each year, 100 new students are selected to receive scholarships and participate in The two-year program. The voyager scholarship is designed to build The next generation of leaders committed to public service through a transformational combination of barrier-reducing financial aid and meaningful, educational travel experiences.girls opportunity alliance: The girls opportunity alliance seeks toempower adolescent girls around The world through education, allowing them to achieve their full potential and transform their families,communities, and countries. The program engages people around The world to take action to help adolescent girls and The grassroots leadersworking to educate them.my brother's keeper alliance: The mbk alliance leads a national call toaction focused on building safe and supportive communities for boys and young men of color where they feel valued and have clear pathways to opportunity.
Obama presidental center startup:in 2023 The Obama Foundation construction activities included completing The concrete structures for The forum, library and parking garage and advancing The museum structure to 75% of its final height. Design of The athletic center also began. Activities also included accelerating The museum component through our ongoing artifact collecting activity, arts commission, and arts program planning; applying best practices for preservation and management of The museum collection; and advancing planning and development for our inaugural exhibitions and visitor experience.

Grants made by The Obama Foundation

GranteeGrant descriptionAmount
GofundmeorgSupport Grassroots Leaders To Empower Girls Through Education.$2,376,045
Tides CenterSupport Local Organizations That Are Working To Reduce Violence in Communities.$1,000,000
YouthBuild NewarkSupport MBK Model Community.$800,000
...and 9 more grants made

Who funds The Obama Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Endowment FoundationArts, Culture$16,035,270
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$14,375,411
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$12,138,600
...and 165 more grants received totalling $135,441,145

Personnel at The Obama Foundation

NameTitleCompensation
Valerie JarrettChief Executive Officer$740,000
Ammar RizkiChief Financial Officer$364,246
Jordan KaplanSenior Vice President , Chief Development Officer$260,180
Alfreda Bradley-CoarExecutive Vice President , Chief Legal and People Officer$424,769
Charmaine WilliamsSenior Vice President , Chief Human Resources Officer$305,169
...and 23 more key personnel

Financials for The Obama Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$129,320,227
Program services$0
Investment income and dividends$9,145,673
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,104,284
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$15,920
Miscellaneous revenues$0
Total revenues$140,586,104

Form 990s for The Obama Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-24990View PDF
2022-122023-07-26990View PDF
2021-122022-07-21990View PDF
2020-122022-07-19990View PDF
2020-122021-08-02990View PDF
...and 6 more Form 990s
Data update history
October 1, 2024
Updated personnel
Identified 1 new personnel
September 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 31, 2024
Updated personnel
Identified 2 new personnel
August 26, 2024
Used new vendors
Identified 6 new vendors, including , , , , , and
August 25, 2024
Received grants
Identified 38 new grant, including a grant for $1,000,000 from The Bank of America Charitable Foundation
Nonprofit Types
Grantmaking organizationsArts, culture, and humanities nonprofitsCharities
Issues
Arts, cultural, and humanitiesHistory
Characteristics
Political advocacyLobbyingOperates internationallyNational levelEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
5235 S Harper CT No 1140
Chicago, IL 60615
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
obama.org/ 
Twitter profile
@obamafoundation 
IRS details
EIN
46-4950751
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A80: Historical Societies, Historical Preservation
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
CT0211567
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-11-06
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