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Chicago Sun-Times
Chicago Sun-Times
National
Lynn Sweet

Obama Foundation, fueled by two mega-donors, has record fundraising year in 2022

Foundation Brian Chesky Jeff Bezos Valerie Jarrett Barack Obama the Obama Foundation Lynn Sweet SunTimes Airbnb
The Obama Presidential Center under construction in Jackson Park on April 26, 2023. According to a filing, construction costs through 2022 totaled $222,237,463. (Lynn Sweet/Sun-Times)

WASHINGTON — Fueled by two mega donors, the Obama Foundation in 2022 had its best fundraising year since its founding in 2014, according to records released Tuesday, with the compensation package of its chief executive, Valerie Jarrett, jumping to $754,064, up from $592,905 in 2021.

Since the foundation started fundraising in 2014, it has raised $1.1 billion, according to reports.

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