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

The $470 million figure emerged during public discussions surrounding the project and was later cited in the Obama Foundation’s 2020 annual report, which featured a fundraising chart stating:

“$470M of our fundraising goal will go toward seeding an endowment that will sustain Obama Foundation activities and the operations of the OPC for generations to come.”