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

$108M

Headquarters

Jackson, Mississippi

Founded

2014

Overview

The Obama Foundation is a nonprofit organization that aims to inspire and empower individuals and communities to create positive social change. It focuses on educational and community-building initiatives, engaging with people who are passionate about civic engagement. The Foundation generates revenue through fundraising efforts, including direct donations, corporate sponsorships, and merchandise sales. Funds raised support various programs, including the development of the Obama Presidential Center, which will feature a museum and public spaces. The Foundation serves a diverse clientele, including individual donors, volunteers, educational institutions, and community organizations, fostering a sense of community and shared purpose among those committed to making a difference.

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Simplify's Take

What believers are saying

  • Increased digital engagement can expand the Foundation's reach and community impact.
  • Corporate social responsibility trends can lead to more partnerships and funding opportunities.
  • Public interest in DEI initiatives supports programs for empowering marginalized communities.

What critics are saying

  • Competition for donations from other high-profile nonprofits may impact fundraising efforts.
  • Digital misinformation campaigns could harm the Foundation's reputation and audience trust.
  • Changes in tax laws may reduce financial incentives for donors to contribute.

What makes Obama Foundation unique

  • The Obama Foundation focuses on empowering individuals for social change and civic engagement.
  • It partners with tech companies like Airbnb for educational initiatives and scholarships.
  • The Foundation is developing the Obama Presidential Center, a world-class museum and public space.

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Funding

Total Funding

$108M

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

0%

1 year growth

-1%

2 year growth

9%
Fastweb
Feb 21st, 2025
The Obama Foundation and Airbnb Voyager Scholarship

In 2022, the Obama Foundation and Airbnb launched a joint scholarship initiative to help college students pay for their education, travel for work over the summer, and then continue their passion for exploring the world after graduation.

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.

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