Chicago-based Barack Obama Foundation, a nonprofit established in 2014.
Founded
2014
Location
Chicago, IL, US
The Barack Obama Foundation, a Chicago-based nonprofit established in 2014 by Barack and Michelle Obama, aims to inspire, empower, and connect people to change their world. The foundation focuses on civic engagement, leadership development, and community building through initiatives like the Obama Presidential Center, My Brother’s Keeper Alliance, and various global programs. Its mission is to foster a new generation of leaders who will drive positive change in their communities and beyond.
Notable figures associated with the foundation include CEO Valerie Jarrett, a longtime advisor to the Obamas. The foundation has garnered significant financial support, with a revenue of $143 million and an endowment of $429 million in 2019. Key achievements include impactful leadership programs and the ongoing development of the Obama Presidential Center in Chicago. The foundation's overall impact lies in its commitment to nurturing civic leaders and fostering community-driven solutions to global challenges.