Obama Foundation

Obama Foundation

Nonprofit organization promoting social change initiatives

About Obama Foundation

Simplify's Rating
Why Obama Foundation is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Social Impact

Company Size

501-1,000

Company Stage

Grant

Total Funding

$105.1M

Headquarters

Jackson, Mississippi

Founded

2014

Overview

The Obama Foundation works to inspire and empower individuals and communities to create positive social change. It focuses on educational and community-building initiatives, engaging people who are passionate about civic engagement. The Foundation generates revenue through fundraising efforts, including direct donations, corporate sponsorships, and merchandise sales. These funds support various programs, including the development of the Obama Presidential Center, which will feature a museum and public spaces. Unlike many other nonprofits, the Obama Foundation emphasizes a strong connection with its diverse clients, including individual donors, volunteers, and community organizations, fostering a sense of community and shared purpose. The goal of the Obama Foundation is to encourage and facilitate social change and civic involvement across different communities.

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Simplify's Take

What believers are saying

  • Increased digital engagement can enhance the Foundation's reach and fundraising efforts.
  • Collaborations with tech companies can attract younger audiences through immersive experiences.
  • Corporate social responsibility trends offer partnership opportunities for social impact initiatives.

What critics are saying

  • Potential backlash from conservative groups due to progressive initiatives like MBK Model Communities.
  • Increased competition for donations from nonprofits with similar social change goals.
  • Public relations challenges if the Obama Presidential Center faces construction delays or controversies.

What makes Obama Foundation unique

  • The Obama Foundation focuses on empowering individuals for social change and civic engagement.
  • It leverages digital platforms to engage and inspire future citizen leaders globally.
  • The Foundation's initiatives include the Obama Presidential Center and MBK Model Communities.

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Funding

Total Funding

$105.1M

Above

Industry Average

Funded Over

1 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

9%
O'Dwyer's
Nov 26th, 2024
On the Move: ICR Capital Hires Lending Tree COO Moriarty

Obama Foundation Fills Out Comms TeamMon., Nov. 25, 2024The Obama Foundation, which is building the Obama Presidential Center on Chicago's South Side, has hired Rahshiene Taha as CMO and Emily Bittner as VP of communications.

PYMNTS
Jun 17th, 2024
Report: Openai Could Become A For-Profit Business

OpenAI’s days as a nonprofit company could be numbered. CEO Sam Altman has told some shareholders the artificial intelligence (AI) firm is weighing a change to its governance, making it a for-profit company that its nonprofit board has no control over, The Information reported Friday (June 14). The report — citing a person who heard Altman discuss the plans with the shareholders — said that among the scenarios the company is considering is a for-profit benefit corporation, also used by fellow AI companies Anthropic and xAI

PYMNTS
Jun 13th, 2024
Openai Bolsters Lobbying Arm Amid Regulatory Pressure

OpenAI is reportedly expanding its lobbying department as the artificial intelligence industry faces more regulatory oversight.The multibillion-dollar AI startup aims to have 50 members on its global affairs team by year’s end, up from three at the start of 2023 and 35 currently, the Financial Times (FT) reported Thursday (June 13).“We are not approaching this from a perspective of we just need to get in there and quash regulations … because we don’t have a goal of maximizing profit; we have a goal of making sure that AGI benefits all of humanity,” said Anna Makanju, OpenAI’s vice president of government affairs, referring to artificial general intelligence, a version of AI that can think and reason on the level — or above the level — of humans.The global affairs department is OpenAI’s “most international” unit, as it has workers in places where AI legislation is most advanced, including Belgium, Ireland, Singapore, Brazil and the United States, the report said.But the company still trails its rivals in terms of outreach, per the report. The company spent $340,000 on engaging with the American government in the first quarter of the year, compared to $3.1 million by Google and a record $7.6 million by Meta.“Walking in the door, [ChatGPT had] 100 million users [but the company had] three people to do public policy,” said David Robinson, who heads policy planning for OpenAI, in the report. “It was literally to the point where there would be somebody high level who would want a conversation, and there was nobody who could pick up the phone.”The move comes as OpenAI and other AI firms are facing potential antitrust investigations from U.S. regulators such as the Department of Justice and the Federal Trade Commission.Omar Ochoa, an antitrust lawyer, told PYMNTS earlier this week that the situation is similar to the way the FTC investigated Big Tech like Amazon, Apple, Google and Meta.“Now, seeing this happen again, but with AI, it is probably a good bet that some lawsuit or administrative action will occur from the investigations because, again, it mirrors what happened a few years ago with Big Tech,” he said.For all PYMNTS AI coverage, subscribe to the daily AI Newsletter

Face2Face Africa
May 20th, 2024
How this father-son team built a multi-million-dollar design firm with clients like Ford, Obama Foundation, others

In 2018, the Obama Foundation even named Space Continuum Supplier of the Year.

Chicago Star Media
Mar 20th, 2024
Obama Foundation pledges $4 million for ADA accessible playground in Hyde Park

The Chicago Parks District has partnered with the Obama Foundation on the construction of the playground, approving the project on March 13.

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