2023-07-26T03:00:38-05:00 2022-12-31 861065772 DELOITTE TAX LLP 111 SOUTH WACKER DRIVE CHICAGO IL 60606 990 2022-01-01 464950751 THE BARACK OBAMA FOUNDATION BARA 7734201700 5235 SOUTH HARPER COURT NO 1140 CHICAGO IL 60615 AMMAR RIZKI CHIEF FINANCIAL OFFICER 7734201700 2023-07-25 1 AMMAR RIZKI 999009999 0 PARRISH IVY P00769270 3124861000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THE OBAMA FOUNDATION VALERIE JARRETT 5235 SOUTH HARPER COURT NO 1140 CHICAGO IL 60615 372516771 0 X WWW.OBAMA.ORG X 2014 DC TO INSPIRE, EMPOWER, AND CONNECT PEOPLE TO CHANGE THEIR WORLD AND TO HONOR THE LEGACY OF PRESIDENT AND MRS. OBAMA. 17 16 251 616 0 0 159660416 311359661 0 0 296653 -2079009 342 3587 159957411 309284239 5174151 4353903 0 0 21963273 29188444 721265 540000 13435414 12691767 25626117 40550456 59708464 119406955 249575775 693835698 944959493 13780091 19650362 680055607 925309131 X SEE SCHEDULE O 0 0 23929907 4353903 3587 OBAMA FOUNDATION PROGRAMMING:IN SERVICE OF THE FOUNDATION'S MISSION TO INSPIRE, EMPOWER, AND CONNECT PEOPLE TO CHANGE THEIR WORLD, THE FOUNDATION CONTINUED TO WORK WITH YOUNG LEADERS IN A VARIETY OF LOCAL, NATIONAL, AND GLOBAL PROGRAMS. SCHOLARS: OUR SCHOLARS PROGRAM SUPPORTS RISING LEADERS AROUND THE WORLD VIA A ONE-YEAR RESIDENTIAL PROGRAM THAT BRINGS TOGETHER ACADEMIC, SKILLS-BASED, AND HANDS-ON LEARNING. FOR THE 2021-2022 SCHOOL YEAR, THE SCHOLARS PROGRAM INCLUDED 12 SCHOLARS AT THE UNIVERSITY OF CHICAGO AND 12 SCHOLARS AT COLUMBIA UNIVERSITY.LEADERS: LEADERS: AFRICA, ASIA-PACIFIC, EUROPE, AND USA ARE EACH YEAR-LONG LEADERSHIP PROGRAMS AIMED AT BUILDING AND EMPOWERING REGIONAL NETWORKS OF CHANGE-MAKERS. THE REGIONAL COHORTS PARTICIPATE IN VALUES-BASED LEADERSHIP TRAINING. THE LEADERS: AFRICA PROGRAM BEGAN IN 2018, THE LEADERS: ASIA-PACIFIC PROGRAM LAUNCHED IN 2019 AND THE LEADERS: EUROPE PROGRAM LAUNCHED IN 2020. ALL PROGRAMS LAUNCHED, A COHORT OF 35 EMERGING LEADERS. THE LEADERS: USA PROGRAM LAUNCHED IN 2022. THE VOYAGER SCHOLARSHIP: OBAMA-CHESKY SCHOLARSHIP FOR PUBLIC SERVICE: THE VOYAGER SCHOLARSHIP LAUNCHED IN 2022 WITH THE SELECTION OF 100 STUDENTS TO RECEIVE SCHOLARSHIPS. THE VOYAGER SCHOLARSHIP IS DESIGNED TO BUILD THE NEXT GENERATION OF LEADERS COMMITTED TO PUBLIC SERVICE THROUGH A TRANSFORMATIONAL COMBINATION OF BARRIER-REDUCING FINANCIAL AID AND MEANINGFUL, EDUCATIONAL TRAVEL EXPERIENCES.GIRLS OPPORTUNITY ALLIANCE: THE GIRLS OPPORTUNITY ALLIANCE SEEKS TO EMPOWER ADOLESCENT GIRLS AROUND THE WORLD THROUGH EDUCATION, ALLOWING THEM TO ACHIEVE THEIR FULL POTENTIAL AND TRANSFORM THEIR FAMILIES, COMMUNITIES, AND COUNTRIES. THE PROGRAM ENGAGES PEOPLE AROUND THE WORLD TO TAKE ACTION TO HELP ADOLESCENT GIRLS AND THE GRASSROOTS LEADERS WORKING TO EDUCATE THEM.MY BROTHER'S KEEPER ALLIANCE: MBK ALLIANCE LEADS A NATIONAL CALL TO ACTION FOCUSED ON BUILDING SAFE AND SUPPORTIVE COMMUNITIES FOR BOYS AND YOUNG MEN OF COLOR WHERE THEY FEEL VALUED AND HAVE CLEAR PATHWAYS TO OPPORTUNITY. 10382103 0 0 OBAMA PRESIDENTIAL CENTER STARTUP:IN 2022 THE OBAMA FOUNDATION CONSTRUCTION ACTIVITIES INCLUDED FINALIZING THE INSTALLATION OF THE FOUNDATION SYSTEMS AND FOCUSED ON CONCRETE OPERATIONS OF THE OBAMA PRESIDENTIAL CENTER ("CENTER"). ACTIVITIES ALSO INCLUDED FINALIZING THE DESIGN OF THE CENTER AND ACCELERATING THE MUSEUM COMPONENT THROUGHOUT OUR ONGOING ARTIFACT COLLECTING ACTIVITY, ARTS COMMISSION, AND ARTS PROGRAM PLANNING; APPLYING BEST PRACTICES FOR PRESERVATION AND MANAGEMENT OF THE MUSEUM COLLECTION; AND ADVANCING PLANNING AND DEVELOPMENT FOR OUR INAUGURAL EXHIBITIONS AND VISITOR EXPERIENCE. 34312010 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 1 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 135 0 1 251 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 16 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR CA FL GA HI IL KS KY MA MD ME MI MN MS NC ND NH NJ NM NY OK OR PA RI SC TN UT VA WI WV X X AMMAR RIZKI CHIEF FINANCIAL OFFICER 7734201700 5235 SOUTH HARPER COURT NO 1140 CHICAGO IL 60615 VALERIE JARRETT DIRECTOR/CEO 40.00 X X 740000 0 14064 DAVID PLOUFFE DIRECTOR/VP/SECRETARY 1.00 X X 0 0 0 GLENN HUTCHINS DIRECTOR/VICE CHAIRPERSON 10.00 X X 0 0 0 JOHN KEVIN POORMAN DIRECTOR/PRESIDENT 10.00 X X 0 0 0 MARTIN H NESBITT DIRECTOR/CHAIRPERSON 10.00 X X 0 0 0 PENNY PRITZKER DIRECTOR/VICE CHAIRPERSON 10.00 X X 0 0 0 ROBERT WOLF DIRECTOR/VP/TREASURER 2.00 X X 0 0 0 BRODERICK JOHNSON DIRECTOR 1.00 X 0 0 0 CONNIE BALLMER DIRECTOR 1.00 X 0 0 0 DEMOND MARTIN DIRECTOR 1.00 X 0 0 0 DR MAHALIA A HINES DIRECTOR 1.00 X 0 0 0 JOHN ROGERS DIRECTOR 1.00 X 0 0 0 JUAN SALGADO DIRECTOR 1.00 X 0 0 0 JULIANNA SMOOT DIRECTOR 1.00 X 0 0 0 MICHAEL SACKS DIRECTOR 1.00 X 0 0 0 SEAN PARKER DIRECTOR 1.00 X 0 0 0 THELMA GOLDEN DIRECTOR 1.00 X 0 0 0 DAVID SIMAS PRESIDENT 40.00 X 658136 0 37576 ROBBIN COHEN EVP, OPC, TECH. & STRATEGY 40.00 X 613136 0 38793 AMMAR RIZKI CFO (BEG 6/2022) 40.00 X 192283 0 20387 ALFREDA BRADLEY-COAR EVP, CHIEF LEGAL & PEOPLE OFFICER 40.00 X 412384 0 13729 MICHAEL STRAUTMANIS EVP, CIVIC ENGAGEMENT 40.00 X 335825 0 37614 LORI T HEALEY SVP, EXECUTIVE PROJECT OFFICER 40.00 X 336462 0 23085 LAURA LUCAS MAGNUSON EVP, GLOBAL PROGRAMS 40.00 X 330987 0 22768 KORI SCHULMAN SVP, CREATIVE & COMMUNICATIONS 40.00 X 251593 0 34807 CHRISTINA TCHEN EVP, STRATEGY & IMPACT (BEG 7/2022) 40.00 X 184615 0 7718 JAMIE-CLARE PICKENS VP, DEPUTY GENERAL COUNSEL 40.00 X 290000 0 20927 LOUISE BERNARD SVP, MUSEUM DIRECTOR 40.00 X 278460 0 21000 ELISABETH SICILIANO VP, GOVERNANCE, STRATEGY & RISK 40.00 X 261000 0 19846 RACHEL RAUSCHER VP, DEVELOPMENT OPERATIONS 40.00 X 253900 0 19482 CAITLIN GILMORE VP, FUNDRAISING & DEVELOPMENT 40.00 X 253900 0 11684 GABRIELA FRAGA FORMER SVP, PRODUCT & TECHNOLOGY 40.00 X 220300 0 26841 5612981 0 370321 97 1 1 0 LAKESIDE ALLIANCE 2636 W 15TH AVE GARY IN 46404 CONSTRUCTION SERVICES 90780669 TOD WILLIAMS BILLIE TSIEN ARCHITECTS 222 CENTRAL PARK SOUTH NEW YORK NY 10019 ARCHITECTS 3745415 CLAYCOARDMORE RODERICK JV 2199 INNERBELT BUSINESS CENTER DRIV ST LOUIS MO 63114 CONSTRUCTION MANAGEMENT 2644610 SCHOLARSHIP AMERICA INC 2900 INTERNATIONAL DRIVE STE 500 MINNEAPOLIS MN 55426 PROGRAM CONSULTANT 2643975 AB DATA LTD 600 AB DATA DRIVE MILWAUKEE WI 53217 DIRECT MAIL STRATEGY 1984459 42 311359661 70488454 311359661 1028436 1028436 59717347 407740 62910614 321918 -3193267 85822 -3107445 -3107445 3587 0 3587 3587 309284239 3587 0 -2079009 4353903 4353903 4205420 1888970 1398038 918412 20621921 10616258 4515164 5490499 890775 448684 212182 229909 1806172 909768 430231 466173 1664156 838236 396401 429519 709089 384342 221610 103137 55750 55750 540000 540000 5084082 4340291 445420 298371 2771081 196169 432350 2142562 3425990 856292 2006703 562995 1058747 610757 241138 206852 2714951 1489642 381658 843651 5286201 4405882 156493 723826 978056 532576 195286 250194 219341 127377 39253 52711 PROGRAM CONTRACTUAL 1575329 1575329 0 0 COMMUNICATIONS 1163410 307028 725907 130475 COLLECTIONS 327930 327930 0 0 PROFESSIONAL DEVEL. 256160 102576 107456 46128 59708464 34312010 11961040 13435414 225428844 241474849 242013824 360355002 1084380 2213478 227890915 2958253 116270307 224932662 100979561 107256456 8058782 8727046 693835698 944959493 11383368 16381702 1955000 1390000 441723 1878660 13780091 19650362 X 394579624 511752615 285475983 413556516 680055607 925309131 693835698 944959493 X 249575775 209210 71849 -4603310 X 0 1 X 1 0 X 163949264 139662706 171102620 159660416 311359661 945734667 163949264 139662706 171102620 159660416 311359661 945734667 218973319 726761348 648749 1682892 393895 30586 1028436 3784558 949519225 73923 0.76540 0.89550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 34312010 34312010 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 X 0 1000053 0 5075 0 0 0 1005128 0 1000000 53 0 0 0 1000053 1.00000 0.00000 0.00000 0 0 1836120 1487025 349095 1181383 1029811 151572 224873412 441417 224431995 224932662 OPERATING LEASE LIABILITY 1878660 1878660 X 310258110 209210 850483 -85822 973871 309284239 0 309284239 65004586 778634 4517488 5296122 59708464 0 59708464 PART III, LINE 1A: THE FOUNDATION ACQUIRED ITS COLLECTIONS BY PURCHASE OR BY DONATION. THE FOUNDATION'S COLLECTIONS MANAGEMENT POLICY INCLUDES GUIDANCE ON THE FOUNDATION'S COLLECTIONS STEWARDSHIP RESPONSIBILITIES FROM INTAKE AND ACQUISITION THROUGH PRESERVATION, ACCESS AND USE, AND DEACCESSIONING AND DISPOSAL OF MATERIALS THAT NO LONGER SUPPORT THE FOUNDATION'S PUBLIC MISSION. THE POLICY DOES NOT PERTAIN DIRECTLY TO THE MANAGEMENT OF THE OBAMA PRESIDENTIAL ARCHIVE, WHICH IS MAINTAINED AS A SEPARATE COLLECTION PROPERTY OF THE NATIONAL ARCHIVES AND RECORDS ADMINISTRATION ("NARA") AND IS NOT INCLUDED ON THE STATEMENT OF FINANCIAL POSITION OF THE FOUNDATION, NOR IS THE FOUNDATION RESPONSIBLE FOR THE MAINTENANCE OR PRESERVATION OF ITEMS IN THESE COLLECTIONS. THE VALUE OF THE FOUNDATION'S COLLECTIONS ARE NOT SUBJECT TO REASONABLE ESTIMATE, AND THEREFORE ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED ON THE STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE PERIOD OF ACQUISITION, UNLESS THE ITEMS WERE PURCHASED WITH DONOR RESTRICTED FUNDS AND THEN THEY ARE SHOWN AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS. PROCEEDS FROM THE SALE OF DEACCESSIONED MATERIALS WILL BE UTILIZED EXCLUSIVELY FOR THE PURCHASE OF FUTURE COLLECTION ACQUISITIONS, INCLUDING COSTS DIRECTLY RELATED TO OBTAINING, CONSERVING, OR PROCESSING NEW ACQUISITIONS. DEACCESSIONING PROCEEDS WILL NOT BE USED TO PAY FOR DIRECT CARE OF THE COLLECTION BEYOND THE INITIAL COST OF THE ACQUISITION. PART III, LINE 4: THE MUSEUM COLLECTIONS WILL DOCUMENT THE HISTORY OF PRESIDENT AND MRS. OBAMA AND THE OBAMA ADMINISTRATION, FRAME THESE NARRATIVES IN A BROADER HISTORICAL CONTEXT AND WITH AN EMPHASIS ON CIVIC DISCOURSE, AND CONNECT THESE STORIES TO THE MOVEMENTS AND MILESTONES THAT HAVE HELPED TO SHAPE THE NATION AND THE WORLD OVER TIME. THE MUSEUM COLLECTIONS WILL SUPPORT AND ADVANCE THE PUBLIC MISSION AND PURPOSE OF THE OBAMA PRESIDENTIAL CENTER (OPC), INCLUDING THE DEVELOPMENT OF A CORE EXHIBITION, SPECIAL EXHIBITIONS PROGRAM, AND PUBLIC PROGRAMMING; THE OPC EXHIBITIONS AND PUBLIC PROGRAMMING WILL, IN TURN, SUPPORT AND ADVANCE THE BROADER FOUNDATION MISSION TO EMPOWER, INSPIRE, AND CONNECT PEOPLE TO CHANGE THEIR WORLD. THE COLLECTION COMPRISES ARTWORK AS WELL AS HISTORICAL MATERIALS. THE GOAL IN DEVELOPING THE COLLECTION'S ARTS-RELATED HOLDINGS IS TO UPHOLD AND EXPAND UPON THE IMPORTANCE OF THE ARTS AND THE DIVERSE REPRESENTATION OF ARTISTS CELEBRATED IN THE OBAMA WHITE HOUSE ("THE PEOPLE'S HOUSE") IN ORDER TO PRESERVE AND SHARE WORKS OF ENDURING VALUE THAT COMPLEMENT THE OBAMA ETHOS OF ENGAGEMENT AND UPLIFT. PART V, LINE 4: THE FOUNDATION'S BOARD OF DIRECTORS DESIGNATED $1,000,000 TO FUNCTION AS AN ENDOWMENT FOR FUTURE OPERATIONS OF THE OBAMA PRESIDENTIAL CENTER. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. ACCORDINGLY, NO PROVISION FOR SUCH TAXES HAS BEEN RECOGNIZED IN THESE FINANCIAL STATEMENTS. US GAAP REQUIRES TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THERE IS NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS OR STATEMENTS OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF FIXED ASSETS -85,822. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF FIXED ASSETS -85,822. CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE AMOUNTS 4,603,310. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES ENGAGEMENT, OUTREACH, AND RESEARCH 680553 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING ACTIVITIES 65865 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES ENGAGEMENT, OUTREACH, AND RESEARCH 101262 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES ENGAGEMENT, OUTREACH, AND RESEARCH 77206 NORTH AMERICA 0 0 FUNDRAISING ACTIVITIES 145000 NORTH AMERICA 0 0 PROGRAM SERVICES ENGAGEMENT, OUTREACH, AND RESEARCH 10990 0 0 0 0 0 0 1080876 0 1080876 0 0 0 0 0 0 PART I, LINE 3: THE EXPENDITURES ARE REPORTED USING THE ACCRUAL BASIS OF ACCOUNTING IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA ("U.S. GAAP"). PART III ACCOUNTING METHOD: X X X X 1 AB DATA LTD 600 AB DATA DRIVE MILWAUKEE WI 53217 DIRECT MAIL STRTEGY 0 3457263 295000 3162263 PUBLIC INC 26 SOHO STREET SUITE 102 TORONTO ONTARIO CA 1Z7 CAUSE MARKETING STRATEGY 0 0 145000 -145000 ORR GROUP 3000 K STREET NW SUITE E280 WASHINGTON DC 20007 DEVELOPMENT STRATEGY 0 0 90000 -90000 SHAFF FUNDRAISING GROUP 3 ALABAMA COURT TOWSON MD 21204 DIGITAL FUNDRAISING STRATEGY 0 0 10000 -10000 3457263 540000 2917263 AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY SCHEDULE G, PART I, LINE 2B(V), AMOUNT PAID TO FUNDRAISER: IN ADDITION TO THE $295,000 PAID TO AB DATA LTD. FOR THEIR PROFESSIONAL FUNDRAISING SERVICES IN 2022, THE FOUNDATION ALSO PAID AB DATA LTD. $1,689,459 IN COSTS RELATED TO PRINTING, ENVELOPES, POSTAGE AND MAILING LIST RENTAL. THE AGREEMENT WITH AB DATA LTD. DISTINGUISHES DELIVERABLES AND PAYMENTS BASED ON CONSULTATION MANAGEMENT, REPORTING AND ANALYTIC SERVICES VERSUS PACKAGE DEVELOPMENT AND PRODUCTION MANAGEMENT, INCLUDING REIMBURSEMENTS FOR POSTAGE EXPENSES AND MAIL PRODUCTION. IN ADDITION TO THE $145,000 PAID TO PUBLIC INC. FOR THEIR PROFESSIONAL FUNDRAISING SERVICES IN 2022, THE FOUNDATION ALSO PAID PUBLIC INC. $100,000 IN COSTS RELATED TO MEDIA, VIDEO, PUBLIC RELATIONS AND DIGITAL HARD COSTS FOR A FUNDRAISING CAMPAIGN. PUBLIC INC. DISTINGUISHES DELIVERABLES AND PAYMENTS FOR THIS ADDITIONAL SERVICE ON A SEPARATE AGREEMENT WITH THE FOUNDATION, BASED ON DELIVERABLES AND SERVICES, FOR THE CAMPAIGN. 1 EMERALD SOUTH ECONOMIC DEVELOPMENT COLLABORATIVE 4729 SOUTH DREXEL BLVD CHICAGO IL 60615 831478837 501(C)(3) 1000000 0 SUPPORT THE ECONOMIC DEVELOPMENT OF THE SOUTH SIDE OF CHICAGO. TIDES CENTER 1012 TORNEY AVE SAN FRANCISCO CA 94129 943213100 501(C)(3) 1000000 0 SUPPORT LOCAL ORGANIZATIONS THAT ARE WORKING TO REDUCE VIOLENCE IN COMMUNITIES. GOFUNDMEORG 171 MAIN ST BOX 505 LOS ALTOS CA 940222912 812279757 501(C)(3) 930153 0 SUPPORT GRASSROOTS LEADERS TO EMPOWER GIRLS THROUGH EDUCATION. URBAN ALLIANCE FOUNDATION INC 2030 Q STREET NW WASHINGTON DC 20009 521938443 501(C)(3) 880000 0 SUPPORT YOUTH WITH PROFESSIONAL TRAINING AND EMPLOYMENT OPPORTUNITIES. THRIVE CHICAGO 211 W WACKER DRIVE SUITE 1000 CHICAGO IL 60606 472478889 501(C)(3) 500000 0 SUPPORT THE EXPANSION AND ENHANCEMENT OF MBK IN CHICAGO. FUND FOR PUBLIC SCHOOLS INC 52 CHAMPERS STREET ROOM 305 NEW YORK NY 10007 112656137 501(C)(3) 18750 0 SUPPORT MBK NETWORK ORGANIZATIONS TO MAINTAIN THEIR LEVEL OF SERVICE. GARY COMER YOUTH CENTER INC 7200 S INGLESIDE CHICAGO IL 60619 455399472 501(C)(3) 15000 0 SUPPORT LOCAL LUNCHBOX HEALTHY FOOD PROGRAM IN CHICAGO. LIBERTY HILL FOUNDATION 6420 WILSHIRE BOULEVARD STE 700 LOS ANGELES CA 90048 510181191 501(C)(3) 10000 0 SUPPORT MBK NETWORK ORGANIZATIONS TO MAINTAIN THEIR LEVEL OF SERVICE. 8 PART I, LINE 2: GRANTEES ARE AWARDED BASED ON THE MERITS OF THE GRANT APPLICATIONS. ONCE SELECTED, THE GRANTEES ARE REQUIRED TO SUBMIT INTERIM ACCOUNTING REPORTS AS WELL AS A FINANCIAL ACCOUNTING OF ALL EXPENDITURES, DELIVERABLES, AND RESULTS 90 DAYS AFTER THE TERMINATION OF THE GRANT. X X X X 0 0 0 0 0 0 0 0 0 VALERIE JARRETT DIRECTOR/CEO 740000 0 0 0 0 0 12200 0 1864 0 754064 0 0 0 DAVID SIMAS PRESIDENT 658136 0 0 0 0 0 12200 0 25376 0 695712 0 0 0 ROBBIN COHEN EVP, OPC, TECH. & STRATEGY 613136 0 0 0 0 0 12200 0 26593 0 651929 0 0 0 ALFREDA BRADLEY-COAR EVP, CHIEF LEGAL & PEOPLE OFFICER 412384 0 0 0 0 0 12200 0 1529 0 426113 0 0 0 MICHAEL STRAUTMANIS EVP, CIVIC ENGAGEMENT 335825 0 0 0 0 0 12200 0 25414 0 373439 0 0 0 LORI T HEALEY SVP, EXECUTIVE PROJECT OFFICER 336462 0 0 0 0 0 12200 0 10885 0 359547 0 0 0 LAURA LUCAS MAGNUSON EVP, GLOBAL PROGRAMS 330987 0 0 0 0 0 12200 0 10568 0 353755 0 0 0 JAMIE-CLARE PICKENS VP, DEPUTY GENERAL COUNSEL 290000 0 0 0 0 0 11600 0 9327 0 310927 0 0 0 LOUISE BERNARD SVP, MUSEUM DIRECTOR 278460 0 0 0 0 0 11138 0 9862 0 299460 0 0 0 KORI SCHULMAN SVP, CREATIVE & COMMUNICATIONS 251593 0 0 0 0 0 10324 0 24483 0 286400 0 0 0 ELISABETH SICILIANO VP, GOVERNANCE, STRATEGY & RISK 261000 0 0 0 0 0 10520 0 9326 0 280846 0 0 0 RACHEL RAUSCHER VP, DEVELOPMENT OPERATIONS 253900 0 0 0 0 0 10156 0 9326 0 273382 0 0 0 CAITLIN GILMORE VP, FUNDRAISING & DEVELOPMENT 253900 0 0 0 0 0 10156 0 1528 0 265584 0 0 0 GABRIELA FRAGA FORMER SVP, PRODUCT & TECHNOLOGY 220300 0 0 0 0 0 9396 0 17445 0 247141 0 0 0 AMMAR RIZKI CFO (BEG 6/2022) 192283 0 0 0 0 0 6738 0 13649 0 212670 0 0 0 CHRISTINA TCHEN EVP, STRATEGY & IMPACT (BEG 7/2022) 184615 0 0 0 0 0 5538 0 2180 0 192333 0 0 0 PERRY MERRILL LLC ENTITY MORE THAN 35% OWNED BY BENJAMIN RHODES, FORMER KEY EMPLOYEE IN 2017 103468 PROGRAM CONSULTING SERVICES, PROVIDED IN THE ORDINARY COURSE OF BUSINESS. 0 X 87 67989138 OTHER X DOMAIN 1 1500000 OPINIONS OF EXPERTS X SOFTWARE 1 992700 OTHER X EVENT SUPPLIES 2 4851 OTHER X TRAVEL 1 1765 OTHER 0 0 1 0 PART I, COLUMN (B): THIS IS REPORTED USING THE NUMBER OF CONTRIBUTIONS FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE FOUNDATION'S MISSION IS TO INSPIRE, EMPOWER, AND CONNECT PEOPLE TO CHANGE THEIR WORLD AND TO HONOR THE LEGACY OF PRESIDENT AND MRS. OBAMA. A CORE PURPOSE OF THE FOUNDATION IS TO BUILD THE OBAMA PRESIDENTIAL CENTER (THE "CENTER"), HOUSING THE PRESIDENTIAL MUSEUM (THE "MUSEUM"), IN JACKSON PARK ON THE SOUTH SIDE OF CHICAGO. CONSTRUCTION OF THE CENTER STARTED IN SEPTEMBER 2021. THE MUSEUM WILL TELL THE STORY OF OUR NATION'S FIRST AFRICAN-AMERICAN PRESIDENT AND FIRST LADY, THEIR PATH TO THE WHITE HOUSE, AND THE COUNTLESS INDIVIDUALS, COMMUNITIES, AND SOCIAL CURRENTS THAT SHAPED THEIR JOURNEY. THE MUSEUM WILL FOCUS ON THE HISTORIC OBAMA PRESIDENCY, ITS SUCCESSES AND CHALLENGES, AND ITS LEGACY OF INSPIRING INDIVIDUAL PEOPLE TO COME TOGETHER TO SOLVE PROBLEMS IN THEIR COMMUNITY. THE CENTER WILL USE THE OBAMAS' PERSONAL STORY OF COMMUNITY ENGAGEMENT AND PUBLIC SERVICE TO INSPIRE VISITORS TO FIND THEIR OWN PATHS TO CIVIC ENGAGEMENT AND LEADERSHIP. BUILDING ON THE OBAMAS' EXAMPLE OF ENGAGED CITIZENSHIP, FOUNDATION PROGRAMMING FOCUSES ON GIVING THE NEXT GENERATION OF LEADERS THE TOOLS THEY NEED TO CREATE POSITIVE CHANGE IN THEIR COMMUNITIES. THROUGH OUR SCHOLARS, GLOBAL LEADERS, MY BROTHER'S KEEPER ALLIANCE, GIRLS OPPORTUNITY ALLIANCE, AND VOYAGER SCHOLARSHIP, WE INVEST IN HUMAN POTENTIAL TO HELP EMERGING COMMUNITY LEADERS BUILD THE WORLD THEY WANT TO SEE. FORM 990, PART VI, SECTION A, LINE 2 PENNY PRITZKER AND JOHN KEVIN POORMAN HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PROVIDED TO AND REVIEWED BY THE FOUNDATION'S BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION REQUIRES ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES TO REVIEW AND COMPLETE A CONFLICT OF INTEREST DISCLOSURE ON AN ANNUAL BASIS. THE FOUNDATION'S CHIEF LEGAL OFFICER REVIEWS ALL DISCLOSURES AND WORKS WITH THE DISINTERESTED MEMBERS OF THE AUDIT AND RISK COMMITTEE, THE BOARD OF DIRECTORS AND FOUNDATION STAFF TO EVALUATE POTENTIAL CONFLICTS OF INTEREST IN ACCORDANCE WITH THE FOUNDATION'S CONFLICTS OF INTEREST POLICY. DIRECTORS WITH POTENTIAL CONFLICTS OF INTEREST RECUSE THEMSELVES FROM BOARD DISCUSSIONS AND DECISION MAKING. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS USES COMPARABILITY DATA AND A COMPENSATION CONSULTANT TO REVIEW AND APPROVE THE COMPENSATION OF THE CEO, OFFICERS AND KEY EMPLOYEES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON WRITTEN REQUEST. THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE AMOUNTS -4,603,310. CHARITABLE LEAD ANNUITY TRUST ANNUITY TRUST CA THE BARACK OBAMA FOUNDATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 CHARITABLE LEAD ANNUITY TRUST S 1002547 FMV