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The Barack Obama Foundation

The Obama Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464950751 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is The Barack Obama Foundation?

The Barack Obama Foundation is a nonprofit organization dedicated to inspiring and empowering individuals to make a difference in the world. Based on the provided information, their core mission is to connect and engage people in transformative initiatives that reflect the legacy of President and Mrs. Obama. While specific programs or activities are not explicitly stated, the organization's aim is to provide opportunities for personal growth and community impact.


Official website here: www.obama.org

Is The Barack Obama Foundation legitimate?

The Barack Obama Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Barack Obama Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $4,205,420
Professional Fundraising Fees: $540,000
Other Salaries and Wages: $20,621,921

For more financial information, click here


Official website here: www.obama.org

What is the mission statement of The Barack Obama Foundation?

The Barack Obama Foundation is dedicated to inspiring and empowering individuals to bring about change in their communities and beyond. This mission is geared towards making a positive impact on the world. The foundation aspires to honor the legacy of President and Mrs. Obama by fostering a culture of engagement and activism. Through various initiatives, the foundation aims to connect people and provide them with the tools and resources necessary to enact meaningful change. By inspiring and empowering, the Obama Foundation seeks to make a difference, one person at a time.


Official website here: www.obama.org

Who is the CEO of The Barack Obama Foundation?

Valerie Jarrett is the Director/Ceo of The Barack Obama Foundation. The CEO's salary of The Barack Obama Foundation is $740,000 and their total compensation is $754,064.


Official website here: www.obama.org

What is the revenue of The Barack Obama Foundation?

The Barack Obama Foundation's revenue in 2022 was $309,284,239.


Official website here: www.obama.org

Who are the executives of The Barack Obama Foundation and what are their salaries?

The average compensation at The Barack Obama Foundation during 2022 was $98,914. There are 251 employees and 616 volunteers at The Barack Obama Foundation.

Here are 32 key members and their salaries (The Barack Obama Foundation's CEO's salary is $740,000 and their total compensation is $754,064):

    Valerie Jarrett (Director/Ceo)
  • Compensation: $740,000
  • Related: $0
  • Other: $14,064

    • David Simas (President)
  • Compensation: $658,136
  • Related: $0
  • Other: $37,576

    • Robbin Cohen (Evp, Opc, Tech. & Strategy)
  • Compensation: $613,136
  • Related: $0
  • Other: $38,793

    • Alfreda Bradley-Coar (Evp, Chief Legal & People Officer)
  • Compensation: $412,384
  • Related: $0
  • Other: $13,729

    • Michael Strautmanis (Evp, Civic Engagement)
  • Compensation: $335,825
  • Related: $0
  • Other: $37,614

    • Lori T Healey (Svp, Executive Project Officer)
  • Compensation: $336,462
  • Related: $0
  • Other: $23,085

    • Laura Lucas Magnuson (Evp, Global Programs)
  • Compensation: $330,987
  • Related: $0
  • Other: $22,768

    • Jamie-Clare Pickens (Vp, Deputy General Counsel)
  • Compensation: $290,000
  • Related: $0
  • Other: $20,927

    • Louise Bernard (Svp, Museum Director)
  • Compensation: $278,460
  • Related: $0
  • Other: $21,000

    • Kori Schulman (Svp, Creative & Communications)
  • Compensation: $251,593
  • Related: $0
  • Other: $34,807

    • Elisabeth Siciliano (Vp, Governance, Strategy & Risk)
  • Compensation: $261,000
  • Related: $0
  • Other: $19,846

    • Rachel Rauscher (Vp, Development Operations)
  • Compensation: $253,900
  • Related: $0
  • Other: $19,482

    • Caitlin Gilmore (Vp, Fundraising & Development)
  • Compensation: $253,900
  • Related: $0
  • Other: $11,684

    • Gabriela Fraga (Former Svp, Product & Technology)
  • Compensation: $220,300
  • Related: $0
  • Other: $26,841

    • Ammar Rizki (Cfo (Beg 6/2022))
  • Compensation: $192,283
  • Related: $0
  • Other: $20,387

    • Christina Tchen (Evp, Strategy & Impact (Beg 7/2022))
  • Compensation: $184,615
  • Related: $0
  • Other: $7,718

    • David Plouffe (Director/Vp/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenn Hutchins (Director/Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Kevin Poorman (Director/President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin H Nesbitt (Director/Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Penny Pritzker (Director/Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Wolf (Director/Vp/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Broderick Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Connie Ballmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Demond Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Mahalia A Hines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juan Salgado (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julianna Smoot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Sacks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thelma Golden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.obama.org

    Where can I find the form 990 for The Barack Obama Foundation?

    The The Barack Obama Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.obama.org

    Learn more at the official website: www.obama.org

    Mission Statement of The Barack Obama Foundation

    The Barack Obama Foundation, a renowned nonprofit organization, is committed to inspiring and empowering individuals to make a difference in the world. With a noble mission to transform lives, this esteemed foundation aspires to honor the legacy of President and Mrs. Obama.

    Through its inspiring initiatives, the Obama Foundation aims to ignite the spirit of innovation and leadership in people. It provides a platform for individuals to connect, learn, and collaborate, enabling them to create positive change in their communities and beyond. By fostering a culture of engagement, the foundation encourages individuals to take action and contribute to the betterment of society.

    In essence, the Obama Foundation serves as a catalyst, fueling the potential of individuals to make a lasting impact. It is a beacon of hope and a testament to the power of collective action. Through its various programs and partnerships, the foundation fosters a global community of change-makers, empowering them to create solutions for the most pressing challenges of our time.

    Impact

    This information is meant to be a general summary of The Barack Obama Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of The Barack Obama Foundation is to inspire, empower, and connect people to change their world and to honor the legacy of President and Mrs. Obama. Through its activities and initiatives, the foundation aims to inspire individuals to make a positive difference in their communities and around the world. The focus on empowerment and inspiration aligns with the mission of the foundation to encourage people to take action and create meaningful change.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-2,079,009
  • Program Service Revenue: $0
  • Gross Receipts: $372,516,771

    • Assets and Liabilities:
  • Total Assets: $944,959,493
  • Total Liabilities: $19,650,362
  • Net Assets: $925,309,131
  • Organization Details

    Founding Year

    2014

    Principal Officer

    Valerie Jarrett

    Main Address

    5235 SOUTH HARPER COURT NO 1140, CHICAGO, IL, 60615

    NTEE Category

    Code: A80 - Arts

    If you are a representative of The Barack Obama Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.