Obama Foundation Discloses Fourth-Quarter Donors

The Chicago-based Obama Foundation has disclosed the names of and general amounts contributed by its donors during the fourth quarter of 2018.

According to the foundation's website, which lists cumulative contributions in dollar amount ranges, five donors made contributions of at least $1 million between October 1 and December 31, 2018 — the Boeing Company, the Fidelity Charitable Gift Fund, the Gibbons Scattone Family Foundation, the Lisa & Douglas Goldman Fund, and the Harris Family Foundation. Three previous donors — Illinois Tool Works; Obama Foundation board member John Kevin Poorman and his wife, Jeanne, through the JKP Family Foundation; and Louis B. Susman, who served as ambassador to the United Kingdom in the Obama administration, and his wife, Marjorie — made additional contributions that boosted their total giving to the foundation to at least $1 million. 

New donors who gave between $250,001 and 999,999 include Barbara Stiefel, a Florida megadonor to Obama campaigns ($250,001-$500,000); John Bakalar, a former Rand McNally & Company executive, and his wife, Christine, through the Christine & John Bakalar Charitable Fund ($250,001-$500,000); and Walt Disney Studios chair Alan Horn and his wife, Cindy ($500,001-$750,000).

The foundation hopes to raise more than $500 million for construction of the proposed Obama Presidential Center in Jackson Park. While the City Council has approved measures allowing the center to be located in the historic park, City Hall is demanding that the foundation fund an endowment to cover building costs. The planned center also is the subject of a pending federal lawsuit and a federal review, causing the initial construction schedule to be delayed. 

"Contributors." Obama Foundation Webpage 01/15/2019. Lynn Sweet. "Boeing Corp. Donates More Than $1 Million to Obama Foundation." Chicago Sun-Times 01/15/2019.