Obama Center’s $470M “Safety Net” a Sham? Taxpayers Face Millions in Risk as Subcontractors Go Unpaid

The foundation said the Obama Presidential Center is “fully funded” and that it plans to make “significant investments” in the endowment in the coming years.

“On the eve of our Grand Opening celebrations, we are pleased to reiterate that the Obama Presidential Center is fully funded with generous private contributions,” the Obama Foundation said in a statement.