Fundraising for the Obama Presidential Foundation dipped in 2021 to $159.6 million, according to records released Thursday, which also showed the $592,905 compensation paid last year to its chief executive officer, Valerie Jarrett, who served as a top adviser in the Obama White House.
Information regarding the Obama Foundation — about its finances, programs and progress in building the Obama Center in Jackson Park — was disclosed in its annual report and Internal Revenue Service Form 990 covering the year 2021. The foundation also released a list of new donors. The IRS 990 is required to be filed annually by tax-exempt organizations.
