Overview

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Est.

2014

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Barack Obama Foundation is dedicated to inspiring, empowering, and connecting individuals to create positive change while honoring the legacy of President Obama. With an operating budget of $80.1 million and total revenue of $209.8 million for the filing year 2024, the foundation receives significant support from major funders, including Fidelity Investments Charitable Gift Fund, Bill & Melinda Gates Foundation, and Donor Advised Charitable Giving Inc. The foundation does not rely on any single funder for 50% or more of its revenue.

Mission Statement

TO INSPIRE, EMPOWER, AND CONNECT PEOPLE TO CHANGE THEIR WORLD AND TO HONOR THE LEGACY OF PRESIDENT.
Revenues
$209.8M
Expenses
$91.4M
Net Income:
+$118.3M
Assets
$1.1B
Liabilities
$34.9M
Net Assets:
+$1.1B
Operating Budget
$80.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
134
Median grant size
$50K
Largest grant received
$20.7M
V
Valerie Jarrett
Board Member
A
Ammar Rizki
Board Member
M
Martin H Nesbitt
Board Member

Frequently Asked Questions

What is THE BARACK OBAMA FOUNDATION’s budget?
In 2024, THE BARACK OBAMA FOUNDATION reported an annual operating budget of around $80.1 million. More detailed financial information is available to registered users.
What causes does THE BARACK OBAMA FOUNDATION support?
THE BARACK OBAMA FOUNDATION supports work in Historical activities.
Where does THE BARACK OBAMA FOUNDATION operate?
THE BARACK OBAMA FOUNDATION is headquartered in Chicago, IL.
Who funded THE BARACK OBAMA FOUNDATION recently?
In 2025, THE BARACK OBAMA FOUNDATION received grants from CHARITIES AID FOUNDATION AMERICA, Boston Foundation, Inc, and Boston Foundation, Inc. More information on this organization’s funders is available to registered users.
What is the largest grant THE BARACK OBAMA FOUNDATION received in 2024?
The largest grant to THE BARACK OBAMA FOUNDATION in 2024 exceeds $20.7 million.