Uncommon · Organizations
Obama Foundation
Chicago-based nonprofit organization founded in 2014
The Barack Obama Foundation is a Chicago-based nonprofit organization founded in 2014. It oversees the Barack Obama Presidential Center, runs the My Brother's Keeper Alliance (a program Barack Obama began while he was president), and the Girls Opportunity Alliance begun by Michelle Obama.
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It also operates a leadership program and a scholarship program through the University of Chicago's Harris School of Public Policy. The foundation held its inaugural summit on October 31, 2017, in Chicago. According to Barack Obama, he intends for his foundation to be central to many of his post-presidential activities, which he sees as having the potential to be more consequential than his time in the White House. The foundation's first president was Adewale Adeyemo, an economist and former Deputy National Security Adviser for International Economic Affairs who joined in August 2019. In 2020, President-elect Joe Biden selected Adeyemo to serve as Deputy Secretary of the Treasury, and he was replaced by Valerie Jarrett. Jarrett has been CEO of the Foundation since 2021. The Foundation raised $232.6 million in 2017 and $164.8 million in 2018. In 2022, all contributions and in-kind gifts totaled $311 million.
Text: Wikipédia, CC BY-SA 4.0. ·