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Fri Apr 23, 2021, 12:31 AM

Obama Foundation looks to raise $400M for presidential center construction, other investments

The Obama Foundation on Tuesday announced a new fundraising goal of $400 million over five years that will go toward building the Obama Presidential Center at Jackson Park and other investments.

Most of the “Hometown Fund” campaign will go toward workforce and building costs for the presidential center, while the remaining $75 million will boost programming for youth on the South and West sides, according to a news release from the foundation.

“We are seeing significant interest from civic and corporate leaders in Chicago who want to be part of this movement to change the economic trajectory of the South Side of Chicago,” Valerie Jarrett, president of the Obama Foundation, wrote in a statement. “We’re proud to be able to convene these leaders and channel investment in ways that will strengthen our community.”

On the construction side, the foundation will fund workforce training for projects including the presidential center. There also will be money for community initiatives for younger youth in Chicago through two of the foundation’s programs: My Brother’s Keeper Alliance and Girls Opportunity Alliance.

Read more: https://www.chicagotribune.com/politics/ct-obama-foundation-400-million-presidential-center-jackson-park-20210420-aatjhgbhzfg3lc6r5j6axwsl4i-story.html

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Reply Obama Foundation looks to raise $400M for presidential center construction, other investments (Original post)
TexasTowelie Apr 23 OP
sheshe2 Apr 23 #1
Cha Apr 23 #2
SleeplessinSoCal Friday #3

Response to TexasTowelie (Original post)

Fri Apr 23, 2021, 01:18 AM

1. Thank you President Obama.

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Response to TexasTowelie (Original post)

Fri Apr 23, 2021, 01:31 AM

2. What an Important worthwhile Project

that America Needs!

No doubt President Obama & his Team will reach their goal.

Mahalo, TexasT

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Response to TexasTowelie (Original post)

Fri Jun 18, 2021, 02:19 PM

3. Sorely needed to be emulated across America.

The CONservative shift to authoritarianism from Republicanism makes it essential to persuade the mega wealthy to step up, change their ways, and help save US.

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