• search
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Obama Foundation donations jump to $13 million in 2016

By Ians
|

Chicago, May 17: 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.

Obama Foundation collects $13 million in 2016

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.

IANS

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more