Obama Foundation collects $13 million in 2016


Chicago, May 17 (IANS): Obama Foundation's fundraising jumped to $13 million in 2016, according to tax records released by the foundation on Monday.

The foundation collected $1.92 million and $5.54 million respectively in 2015 and 2014.

Among the biggest donors was the Lucas Family Foundation of the filmmaker George Lucas, which donated one million dollars to the Obama presidential centre.

Earlier this month, Obama unveiled the design of his presidential centre in Chicago. The design includes three buildings, a museum, a forum and the library itself, along with a sprawling public plaza.

The construction is estimated to cost at least 500 million U.S. dollars. The former president will fundraise to cover that cost.

The Foundation, headquartered in Chicago, with a branch office in Washington, is overseeing Obama Centre construction as well as domestic and international programme development.

  

Top Stories


Leave a Comment

Title: Obama Foundation collects $13 million in 2016



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.