You are on page 1of 52

• - &Ld a &jo- q p&tk j4vc

*

C Fl A R5 cO Send with fee and attachments to: I
I NYS Office of the Attorney General I 2015
Charities Bureau Registration Section I Open to Public
NYS Annual Filing for Charitable Organizations I 120 Broadway I
www.CharitiesNYS.com New York, NY 10271 Inspection

For Fiscal Year Beginning (mm/ddlyyyy) I I
10111I
Name of Organization:
I I Ii
____
0
1/2015 and Ending 11WiI3lhliI210I1151
Em p lo y er Identification Number (EIN):
Check if Applicable:
I THE BARACKOBAMA FOUNDATION 1IWAr1
LI Address Change
Name Change Mailing Address: NY RegistrationNumber:

fl Initial Filing 5235 S. HARPER CT., SUITE 1140
M
44
eiepnone:
-18101
Final Filing
CHICAGO, IL 60615 773-420-1700
Amended Filing
Email:
J Reg ID Pending BARACKOBAMAFOUNDATION.ORG info©obamapresidentialfoundation.org
your organizations Confirm your Registration Category in the
ation category:
7A only EPTL only EJ DUAL (7A & EPTL) EXEMPT
Charities Registry at www.CharitiesNYS.com .

instructions for certification requirements. Improper certification is a violation of law that may be subject to penalties.

We certify under penalties of perjury that we reviewed this report, including all attachments, and to the best of our knowledge and belief,
they are true, correct and complete in accordance with the laws of the State of New York applicable to this report.

JOHN KEVIN POORMAN, DIRECTOR/PRES.
President or Authorized Officer
Print Name and Title

Chief Financial Officer or

Sianature
ROBBIN COHEN, EXEC. DIR.NPTFREASURER
Print Name and Title
9- /-/'
Date

Check the exemption(s) that apply to your filing. If your organization is claiming an exemption under one category (7A or EPTL only filers) or both
categories (DUAL filers) that apply to your registration, complete only parts 1, 2, and 3, and submit the certified Char500. No fee, schedules, or additional
attachments are required. If you cannot claim an exemption or are a DUAL filer that claims only one exemption, you must file applicable schedules and
attachments and pay applicable fees.
3a. 7A filing exemption: Total contributions from NY State including residents, foundations, government agencies, etc. did not exceed $25,000
cj the organization did not engage a professional fund raiser (PFR) or fund raising counsel (FRC) to solicit contributions during the fiscal year.
Or the organization qualifies for another 7A exemption (see instructions).

3b. EPTL filing exemption: Gross receipts did not exceed $25,000 and the market value of assets did not exceed $25,000 at any time .during the
fiscal year.

Seethe following page
for a checklist of R Yes RX No 4a. Did your organization use a professional fund raiser, fund raising counsel or commercial co-venturer for
schedules and fund raising activity in NY State? If yes, complete Schedule 4a.
attachments to
complete your filing. No 4b. Did the organization receive government grants? If yes, complete Schedule 4b.
LI Yes

See the checklist on the 7A filing fee: EPTL filing fee: Total fee:
next page to calculate your Make a single check or money order
fee(s). Indicate fee(s) you
$ 25
EI $ 0
El $ 25
payable to:
are submitting here: "Department of Law"

CHAR500 Annual Filing for Charitable Organizations (Updated December 2015) Page 1
, ', ___•,,
Simply submit the certified CHAR500 with no fee, schedule, or additional attachments IF:
CHAR500 - Your organization is registered as 7A only and you marked the 7A filing exemption in Part 3.
- Your organization is registered as EPTL only and you marked the EPTL filing exemption in Part 3.
Annual Filing Checklist - Your organization is registered as DUAL and you marked both the 7A and EPTL filing exemption in Part 3.

Schedules .v

Check the schedules you must submit with your CHAR500 as described in Part 4:

If you answered 'yes' in Part 4a, submit Schedule 4a: Professional Fund Raisers (PFR), Fund Raising Counsel (FRC), Commercial Co-Venturers (CCV)

If you answered "yes" in Part 4b, submit Schedule 4b: Government Grants

Check the financial attachments you must submit with your CHAR500:

IRS Form 990, 990-EZ, or 990-PF, and 990-T if applicable

All additional IRS Form 990 Schedules, including Schedule B (Schedule of Contributors).

Our organization was eligible for and filed an IRS 990-N e-postcard. We have included an IRS Form 990-EZ for state purposes only.

If you are a 7A only or DUAL filer, submit the applicable independent Certified Public Accountants Review or Audit Report:

[--j Review Report if you received total revenue and support greater than $250,000 and up to $500,000.

Audit Report if you received total revenue and support greater than $500,000

No Review Report or Audit Report is required because total revenue and support is less than $250,000

We are a DUAL filer and checked box 3a, no Review Report or Audit Report is required

Calculate
1 rwiFee
Is my Registration Category 7A, EPTL. DUAL or EXEMPT?
For 7A and DUAL filers, calculate the 7A fee: Organizations are assigned a Registration Category upon
registration with the NY Charities Bureau:
F-] $0, if you checked the 7A exemption in Part 3a
7A filers are registered to solicit contributions in New York
j $25, if you did not check the 7A exemption in Part 3a under Article 7-A of the Executive Law ('7A")

For EPTL and DUAL filers, calculate the EPTL fee: EPTL filers are registered under the Estates, Powers & Trusts
Law ("EPTL) because they hold assets and/or conduct
$0, if you checked the EPTL exemption in Part3b activites for charitable purposes in NY.
$25, if the NET WORTH is less than $50,000
DUAL filers are registered under both 7A and EPTL
$50, if the NET WORTH is $50,000 or more but less than $250,000
EXEMPT filers have registered with the NY Charities Bureau
$100, if the NET WORTH is $250,000 or more but less than $1,000,000 and meet conditions in Schedule E - Registration
$250, if the NET WORTH is $1,000,000 or more but less than $10,000,000 Exemption for Charitable Organizations. These
organizations are not required to file annual financial reports
$750, if the NET WORTH Is $10,000,000 or more but less than $50,000,000 but may do so voluntarily.

$1500, if the NET WORTH is $50,000,000 or more Confirm your Registration Category and learn more about NY
law at www.CharitiesNYS.com .

Where do find my organization's NET WORTH?
Send your CHAR500, all schedules and attachments, and total fee to: NET WORTH for fee purposes is calculated on:
- IRS From 990 Part I, line 22
NYS Office of the Attorney General - IRS Form 990 EZ Part I line 21
Charities Bureau Registration Section - IRS Form 990 PF, calculate the difference between
120 Broadway Total Assets at Fair Market Value (Part II, line 16(c)) and
New York, NY 10271 Total Liabilities (Part II, line 23(b)).

CHAR500 Annual Filing for Charitable Organizations (Updated December 2015) Page 2
Empowering our clients to change the world
CP
Perlman±Perlman
ATTORNEYS AT LAW
LLP
ARIZONA
1855 W Baseline Road, Suite 250
Mesa, Arizona 85202-9012
4801699.8270 phone
4801699.8271 fax

October 5, 2016

Department of Law
Charities Bureau - Registration Section
120 Broadway
New York, NY 10271

Re: The Barack Obama Foundation
Registration Number: 44-34-80

Dear Sir/Madam:

Please find enclosed the following items for renewal registration with your office of the
above referenced nonprofit organization:

• Completed Annual Filing for Charitable Organizations
• IRS 990 and audited financial statement for fiscal year end 12/31/2015
• Schedule B (confidential)
• List of Officers and Directors
• $25.00 Registration Fee

If you have any questions or should you require further information, please do not hesitate
to contact me at the address above. Thank you.

Sin ly,

Erica Lue
Compliance Specialist
DOUBLE S

IRS e-file Signature Authorization 0MB No. 1545-1078

Form 8879EO for an Exempt Organization
Oupatmant
Intw rW
01 ths Tr.aaury
S.Mc.
For tandw yea 2015. ci fiscal yea b.1nnIng .2015, and actIng
Do not send to the IRS. Keep for your records.
Information about Fomi 8879-EQ and Its Instructions Is at wWw.tLg'ov/tarma879eo,
20
1 2015
Name of exempt organlIlon Employer Identification number

THE BAI1ACK OBAISA FOUNDATION 16-4950161
Name and title of
BOBBIN COUZN
EXECUTIVE DIRECTOR
I Part I I Type of Return and Return information (Whole Dollars On
Check the box for the return for which you are using this Form 8879E0 and enter the applicable amount, If any, from the return. if you check the box
on line is, 2s, 31, 4e, or 5a below, and the amount on that line for the return being filed with this form was blank, then leave line lb, 2b, 3b, 4b, or Sb,
whichever Is applicable, blank (do not enter .0-). But, It you entered 0-on the return, then enter -0- on the applicable line below. Do not complete more
than 1 line In Part I.
la Form 990 check here 00111
b Total revenue, If any (Form 890, Part Viii, column (A), line 12) ..................... lb 1,916,266.
2a Form 990-EZ check here lop
El b Total revenue, If any (Form 990-EZ, line 9)2b
Si Form 1 12OFOL check here D b Total tax (Form ll2O-POL, fine 22) ... Sb
4a Form 990PF check here bo El b Tax based on Investment Income (Form 990 .PF, Part VI, line 5) ......... 4b
Ga Form 8869 check here 0 b Balance Due (Form 8868, Part I, line 3c or Part Ii, line go) ........................ 5b

Part U I Declaration and Signature Authorization of Officer
Under penalties of perjury, I declare that I am an officer of the above organization and that I have examined a copy of the organization's 2015
electronic return and accompanying schedules and statements and to the beat of my knowledge and belief, they are true, correct, and complete. I
further declare that the amount in Part I above Is the amount shown on the copy of the organization's electronic return. I consent to allow my
intermediate service provider, transmitter, or electronic return originator (ERO) to send the organization's return to the IRS and to receive from the IRS
(a) an acknowledgement of receipt or reason for rejection of the transmission, (Is) the mason for any delay in processing the return or refund, and (c)
the date of any refund. If applicable, I authorize the U.S. Treasury and Its designated Financial Agent to Initiate an electronic funds withdrawal (direct
debit) entry to the financial Institution account Indicated In the tax preparation software for payment of the organization's federal taxes owed on this
return, and the financial institution to debit the entry to this account. To revoke a payment, I must contact the U.S. Treasury Financial Agent at
1-1388-M&4537 no later than 2 business days prior to the payment (settlement) date. I also authorize the financial institutions involved in the
processing of the electronic payment of taxes to receive confidential Information necessary to answer inquiries and resolve Issues related to the
payment. I have selected a personal Identification number (PIN) as my signature for the organization's electronic return and, if applicable, the
organization's consent to electronic funds withdrawal.

Officer's PIN: check one box only
lauthorlze WASHINGTON, E'ITTHAN ZdlD NcEEEVBR, ILC toentermyPiNi_30000
ERO firm name Enter five numbere, but
do not enter ill zeros

SB my signature on the organization's tax year 2015 electronically filed return. If I have indicated within this return that a copy of the return
is being flied with a state agency(ies) regulating charities as part of the IRS Fed/State program, I also authorize the aforementioned ERO to
enter my PIN on the return's disclosure consent screen.
ED As an officer of the organization, I will enter my PIN as my signature on the organization's tax year 2015 electronically flied return. It I have
Indicated within this return that a copy of the return is being flied with a state agenoy(ias) regulating charities as part of the IRS Fed/State
program. I will y PIN on he turn's disclosure consent screen.
Officer's signature 1z___.-_ Dale 00

Part III I Certification and Authentication
ERO's EFIN/PIN. Enter your aix-digit electronic filing Identification __________
number (EFIN) followed by your five-digit selt-selected PIN. 15071960000 I
do not enter all zeros
I certify that the above numeric entry is my PIN, which Is my signature on the 2015 electronically flied return for the organization Indicated above. I
confirm that I am submitting this return In accordance with the requirements of Pub. 4163, Modernized a-File (MeF) Information for Authorized IRS
e4lle Providers for Buel ass Returns.

EROS signature f4((1jvt j 44.,1!J?L, Data 0.

ERO Must Retain This Form - See IrlstruCtiOfl6
Do Not Submit This Form To the IRS Unless Requested To Do So
WA For Paperwork Reduction Act Notice, sea instructions. Form 8879-EO (2015)
623051
I0-IS-15

17040510 787226 464950751 2015.03030 THE BARACIC OBAMA FOUNDATION 46495071

Return of Organization Exempt From Income Tax
Form JPU Under section 501(c), 521, or4941(a)(1) of the Internal Revenue Code (except private foundations)
Dopwtment of the Trez4fly Do not enter social security numbers on this form as It may be made public.
Internal Revenue SiCs Information about Form 990 and its Instructions Is at www.frs.sov1fom990.
A For the 2015 calendar year, or tax year beglnnli and
B Ch.e w C Name of organization D Employer identification number
applicable:

THE BARACK OBAMA FOUNDATION
[ Name
J change Doing business as 46-4950751
o Initial
return
ilFInal
Number and street (or P.O. box if mail is not delivered to street address)
5235 SOUTH HARPER COURT
Room/suite E Telephone number
L140 773.420.1700
EL..—Jratuin/
termin-
1
ated City or town, state or province, country, and ZIP or foreign postal code Grove receipts $ 1,916,266.
rlAnhat,d,d CHICAGO IL 60615
L_Jreturn H(a) Is this a group return
F Name and address of principal officer: R0BBIN COHEN for subordinates? ...... F - 1 Yes El No
mdfrg
OflW.O flO L flOUVO

I Tax-exempt status: L.J 501(c)(3) L..J 501(c) ( >4 (insert no.) L.J 4947(a)(1) or
H(b) Are all subordinates Included?[ l Yes Li No
If 'No,' attach a list. (see instructions)
J Website: . BARACKOBAMAFOUNDATION.ORG

Form of I
L Year of formation: 2014 M State of lenal domicile: DC

1 Briefly describe the organization's mission or most significant activities: THE FOUNDATION'S INITIAL FOCUS
a
C IS THE DEVELOPMENT OF THE PRESIDENTIAL CENTER.
2 Check this box L...J if the organization discontinued its operations or disposed of more than 25% of its net assets.
3 Number of voting members of the governing body (Part VI, line la) ...........................................................3 7
c3
.6 4 Number of independent voting members of the governing body (Part VI, line 1 b) ...............................4
to S Total number of Individuals employed In calendar year 2015 (Part V, line 2a) ....................................5 6
6 Total number of volunteers (estimate if necessary) ........................................................................................ 6 12
7 a Total unrelated business revenue from Part VIII, column (C), line 12 ............................................................7 0.
,
b Net unrelated business taxable income from Form 990-T, line 34 7b 0.
Year Current Year
5,434,877.
8 Contributions and grants (Part VIII, line lh) 1,916,247.

C 9 Program service revenue (Part VIII, line 2g) .................................................... 0. 0.
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) ....................................... 0. 19.
cc
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 1 Oc, and lie) ........................ 0, 0.
12 Total revenue , add lines 8 through ii (must equal Part VIII, column (A), line 12) 5,434,877, 1,916,266.
13 Grants and similar amounts paid (Part IX, column (A), lines 1.3) 0. 0.
14 Benefits paid to or for members (Part IX, column (A), line 4) 0. 0.
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5.10) 173,214. 1,111,131.
to 466,194. 12,000,
C 16a Professional fundraising fees (Part IX, column (A), line lie) ..........................................
0)
0.
X b Total fundraising expenses (Part IX, column (0), line 25) 00 , 9
1,206.
w
17 Other expenses (Part IX, column (A), lines ha-lid, hlf-24e) ....................... 1,312,846 1,697,777.

18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25) 1952,254 2,820,908.
19 Revenue less exoenses. Subtract line 18 from line 12 3,482,623 -904,642.
of Current Year

20 Total assets (Part X, line 16) 3,670,839 3,990,573.

21 Total liabilities (Part X, line 26) 188,216 1,412,592.

22 Net assets or fund balances. Subtract line 21 from line 20 3.482.623 2,577,981.

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is
true, correct, and complete. Declaration of preparer (other than officer) is based on all Information of which preparer has any knowledge.

Sign Signature of officer uate
Here ROBBIN COHEN, EXECUTIVE DIRECTOR
Type or print name and title
Print/type preparer's name Preparer's signature Dt Check L...J PTIN
I
Paid Isell-emaved P00692224

Preparer Firm's name b, WASHINGTON, PITTMAN AND NCKEEVER, LLC Firm's EIN at.. 36-4189747
Useonly Firm's address , 819 SOUTH WABASH AVENUE - SUITE 600

CHICAGO, IL 60605 Phone no.312-786-0330
May the IRS discuss this return with the preparer shown above? (see instructions)
532001 12-16-15 LHA For Paperwork Reduction Act Notice, see the separate instructions. Form 990(2015)
Form 990 (2015) THE B).RACK OBMA FOUNDATION 46-4950751 Page
Part Ill I Statement of Program Service Accomplishments
Check if Schedule 0 contains a response or note to any line in this Part III ...... .............. ........... .. ........ ....... ......................... ........... Ei:j
I Briefly describe the organization's mission:
SEE SCHEDULE 0

2 Did the organization undertake any significant program services during the year which were not listed on
theprior Form 990 or 990EZ? ..................................................................................................................................... Yes No
If 'Yes," describe these new services on Schedule 0.
3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? .... . Yes M No
If 'Yes,' describe these changes on Schedule 0.
4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses.
Section 501 (c)(3) and 501 (c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and
revenue, if any, for each program service reported.
43 (Code: __________ ) (Expenses $ 2,050,801. including grants of $ (Revenue ) $
DEVELOPMENT OF THE PRESIDENTIAL CENTER.

4b (code: ___________ ) (Expenses 8 Including grants of $ ) (Revenue $

4c (Code: ___________ ) (Expenses $ Including grants of $ (Revenue S

4d Other program services (Describe in Schedule 0.)
(Expenses $ including grants of $ ) (Revenue $
4e Total program service expenses 2,050,801.
Form 990(2015)
532002
12-16-15
2
08190512 787226 464950751 2015.03030 THE BARACK OB.t1A FOUNDATION 46495071

THE B)RACK OBAHA FOUNDATION 46-4950751 Page

MEMIM
I Is the organization described in section 501 (c)(3) or 4947(a)(1) (other than a private foundation)?

N.!
If'Yes, complete Schedule A ........................................................................
2 Is the organization required to complete Schedule B, Schedule of Contributors? ..................................................................
3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for
MMM
oil
public office? If 'Yes,' complete Schedule C, Part! ..............................................................................................
4 Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect
during the tax year? If 'Yes,' complete Schedule C, Part!!
5 Is the organization a section 501 (c)(4), 501 (c)(5), or 501 (c)(6) organization that receives membership dues, assessments, or
NI!
NI!
similar amounts as defined in Revenue Procedure 98.19? If 'Yes,' complete Schedule C, Part III
6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to
provide advice on the distribution or investment of amounts in such funds or accounts? If 'Yes,' complete Schedule D, Part! NI!
ONE
NI!
7 Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If 'Yes,' complete Schedule D, Part II
8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete

ill
Schedule D, Part Ill
9 Did the organization report an amount in Part X, line 21, for escrow or custodial account liability, serve as a custodian for

II!
amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services?
If 'Yes," complete Schedule D, Part IV
10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent
endowments, or quasi-endowments? If 'Yes," complete Schedule D, Part V

ill
11 If the organization's answer to any of the following questions is "Yes,' then complete Schedule D, Parts VI, VII, VIII, IX, or X
as applicable.
a Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete Schedule D,
Part VI
b Did the organization report an amount for investments- other securities in Part X, line 12 that is 5% or more of its total
assets reported in Part X, line 16?!! 'Yes,' complete Schedule D, Part VII Ron
Ron
!NU
C Did the organization report an amount for investments- program related in Part X, line 13 that is 5% or more of its total
assets reported in Part X, line 16? If "Yes,' complete Schedule D, Part V/I!
d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in
Part X, line 16? If "Yes," complete Schedule D, Part IX
e Did the organization report an amount for other liabilities in Part X, line 25? If 'Yes," complete Schedule D, Part X
f Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses
the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes,' complete Schedule D, Part X hf X
12a Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes,' complete
Schedule D, Parts XI and XII .................................................................. 12a X

b Was the organization included in consolidated, independent audited financial statements for the tax year?
If "Yes,' and if the organization answered "No' to line 12a, then completing Schedule D, Parts XI and Xli is optional 12b X

13 Is the organization a school described in section 170(b)(1)(A))? If "Yes," complete Schedule E 13 1 X

14a Did the organization maintain an office, employees, or agents outside of the United States? .................. IA. I X

b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business,
investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000
or more? If "Yes," complete Schedule F, Parts land IV ............................................................... 14b X

15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any
foreign organization? If 'Yes," complete Schedule F, Parts // and IV 15 X
16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to
or for foreign individuals? If "Yes," complete Schedule F, Parts I/l and /V 16 X

17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX,
column (A), lines 6 and lie? If 'Yes,' complete Schedule G, Part I ............ 17 X
18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines
1 c and 8a? If 'Yes,' complete Schedule G, Part // 18 I X

19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If 'Yes"
completeSchedule G, Part Ill ............................................................................................................................................. 19 X

Form 990(2015)

532003
12-16-15
3
08190512 787226 464950751 2015.03030 THE BARACK OBANA FOUNDATION 46495071

THE BARACK OBAMA FOUNDATION 46-4950751
(continued)
MEMLE
20a Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H
b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? .............................
21 Did the organization report more than $5,000 of grants or other assistance to any domestic organization or
domestic government on Part IX, column (A), line 1? If "Yes," complete Schedule I, Parts l and /I JIM
22 Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on
Part IX, column (A), line 2? if 'Yes," complete Schedule I, Parts / and /li
23 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current
JIM
and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes, complete
Schedule J
24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the
III
last day of the year, that was issued after December 31,2002? If "Yes," answer lines 24b through 24d and complete
ScheduleK. If "No", go to line 25a .......................................................................................................................
b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? ..... MME
C Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease
anytax-exempt bonds? ......................................................................................................................................
d Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year? ........................
!II
25a Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit
transaction with a disqualified person during the year? If "Yes,' complete Schedule L, Part /
b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and
Mom
that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If "Yes," complete
Schedule L, Part I
26 Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or
!II
former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If "Yes,"
complete Schedule L, Part/I
27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial
"p
contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member
of any of these persons? If "Yes," complete Schedule L, Part III
28 Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV
instructions for applicable filing thresholds, conditions, and exceptions):
A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV
A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV
"I
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer,

29
director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M
mom
MENE
30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation

31
contributions? If "Yes," complete Schedule M
Did the organization liquidate, terminate, or dissolve and cease operations?
mom
If "Yes," complete Schedule N, Part I EIIL
32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete
Schedule N, Part //
33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations
mom
sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part /
34 Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and
mom
Part V, line 1
352 Did the organization have a controlled entity within the meaning of section 512(b)(13)?
mom
MME
b If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity
within the meaning of section 512(b)(1 3)? If "Yes," complete Schedule A, Part V, line 2
36 Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization?
9.01
If "Yes,' complete Schedule A, Part V, line 2 36 X
37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization
and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule A, Part Vi 37 x
38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part Vi, lines 11 b and 19?
38
Form 990(2015)

532004
12-18-15
4
08190512 787226 464950751 2015.03030 THE BARACK OB.AHA FOUNDATION 46495071
Form 990 (2015) THE B?RACK OBANA FOUNDATION 46-4950751 Page 5
I Part V Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule 0 contains a response or note to any line in this Part V LI
No
la Enter the number reported in Box 3 of Form 1096. Enter .Q if not applicable .................................. la 10
b Enter the number of Forms W .2G included in line 1 a. Enter -0 . if not applicable .............lb 0
c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming
(gambling) winnings to prize winners? ..................................................................................................................................ic X —
2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements,
filed for the calendar year ending with or within the year covered by this return ...............................2a I

b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? ............................. 2b X —
Note. If the sum of lines 1 a and 2a is greater than 250, you may be required toe-file (see instructions) .............................
3a Did the organization have unrelated business gross income of $1000 or more during the year? ......................... —
b If "Yes," has it filed a Form 990-T for this year? If "No," to line 3b, provide an explanation in Schedule 0 ..- — —
4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a
financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..................—
b If 'Yes,' enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? .................................... —
b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? .............•••. —
c If "Yes," to line 5a or 5b, did the organization file Form 5886-T? .......................................................................................... ..2_ — -
6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit
any contributions that were not tax deductible as charitable contributions? ............................................................................. —
b If 'Yes," did the organization include with every solicitation an express statement that such contributions or gifts
were not tax deductible? --. — -
7 Organizations that may receive deductible contributions under section 170(c).
a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? 7a — X
b If 'Yes,' did the organization notify the donor of the value of the goods or services provided? .........................Z!.. — —
c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required
tofile Form 8252? .....................................................................................................................................1E.. —
d If "Yes," indicate the number of Forms 8282 filed during the year ................................ 7d II
e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? ..................... —
f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ........................... ._l!.. — —
g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?,, Za. .!? —
h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? 7h N/. —
8 Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the N/A
sponsoring organization have excess business holdings at any time during the year? ......................................................... ._i.. — —
9 Sponsoring organizations maintaining donor advised funds.
a Did the sponsoring organization make any taxable distributions under section 4966? ................................................_ - -
b Did the sponsoring organization make a distribution to a donor, donor advisor, or related person? .......................N/A .9b — —
10 Section 501(c)(7) organizations. Enter:
a Initiation fees and capital contributions included on Part VIII, line 12 .N /A .IDa
b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities .................lOb
11 Section 501(c)(12) organizations. Enter:
a Gross income from members or shareholders N/A ha
b Gross income from other sources (Do not net amounts due or paid to other sources against
amounts due or received from them.) .......................................................................................... lib
12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? 12a — —
b If "Yes,' enter the amount of tax-exempt interest received or accrued during the year ......N/A I 12b I
13 Section 501(c)(29) qualified nonprofit health insurance issuers. — — —
a Is the organization licensed to issue qualified health plans in more than one state? .LA — —
Note. See the instructions for additional information the organization must report on Schedule 0.
b Enter the amount of reserves the organization is required to maintain by the states in which the
organization is licensed to issue qualified health plans ................................................................... 13b
c Enter the amount of reserves on hand 13c I — — -
14a Did the organization receive any payments for indoor tanning services during the tax year? ................................................ .-
b If "Yes. has it filed a Form 720 to reoort these oavments? If "No." omvie an exr.ilanation in Schedule 0 ------------------------------14b
Form 990(2015)

532005
12-16-15
5
08190512 787226 464950751 2015.03030 THE BARCK OBAMA FOUNDATION 46495071

Form g9O(2015) THE BARACK OBANA FOUNDATION 46-4950751 Page
I Part VI I Governance, Management, and Disclosure For each 'Yes' response to lines 2 through 7b below, and fora 'No" response
to line Ba, 8b, or lOb below, describe the circumstances, processes, or changes in Schedule 0. See instructions.
Check if Schedule 0 contains a response or note to any line in this Part VI .................................................................................EJ
Section A. Governing Body and Management
I I..
la Enter the number of voting members of the governing body at the end of the tax year . . la
If there are material differences in voting rights among members of the governing body, or if the governing
body delegated broad authority to an executive committee or similar committee, explain in Schedule 0.
b Enter the number of voting members included in line la, above, who are independent lb ...........
2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other
officer, director, trustee, or key employee? .1.
3 Did the organization delegate control over management duties customarily performed by or under the direct supervision
of officers, directors, or trustees, or key employees to a management company or other person? ......................................
4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? 4 .............
5 Did the organization become aware during the year of a significant diversion of the organization's assets? ................. ...
6 Did the organization have members or stockholders? ............................................................................................. X
7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or
moremembers of the governing body? .............................................................................................................................. X
b Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or
persons other than the governing body? ._ Z X
8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
aThe governing body? ........................................................................................................................................x
b Each committee with authority to act on behalf of the governing body? .............................................................................. 8b X
9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the
organization's mailing address? If *Yes, 'Provide the names and addresses in Schedule 0 9

Section B requests information about policies not the Internal Revenue

lOa Did the organization have local chapters, branches, or affiliates? ...................................
b If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates,
and branches to ensure their operations are consistent with the organization's exempt purposes? ........................... lOb
11a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ha X
b Describe in Schedule 0 the process, if any, used by the organization to review this Form 990.
12a Did the organization have a written conflict of interest policy? If "No,' go to line 13 12a X
b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? 12b X
c Did the organization regularly and consistently monitor and enforce compliance with the policy? If 'Yes,' describe
in Schedule 0 how this was done 12c X
13 Did the organization have a written whistleblower policy? .... 13 X
14 Did the organization have a written document retention and destruction policy? 14 X
15 Did the process for determining compensation of the following persons include a review and approval by independent
persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a The organization's CEO, Executive Director, or top management official .......................................................................... iSa X
bOther officers or key employees of the organization ............................................................................................................ Ich X
If 'Yes" to line 15a or 15b, describe the process in Schedule 0 (see instructions).
16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a
taxableentity during the year? .......................................................................................................................................... 16a1 IX
b If 'Yes,' did the organization follow a written policy or procedure requiring the organization to evaluate its participation
in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's

17 List the states with which a copy of this Form 990 is required to be filed AL ,AK ,AR, CA,CO ,CT, DC ,FL, GA, RI IL, KS
18 Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 9901 (Section 501 (c)(3)s only) available
for public inspection. Indicate how you made these available. Check all that apply.
[11 Own website [1]
Another's website Upon request EX7 Other (explain in Schedule 0) EJ
19 Describe in Schedule 0 whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial
statements available to the public during the tax year.
20 State the name, address, and telephone number of the person who possesses the organization's books and records:
THE BARACK OBAMA FOUNDATION C/O J0NABEL RUSSETTE, DIR OF ACCTNG AND ADM
5235 SOUTH HARPER CT, STE. 1140, CHICAGO, IL 60615
532006 12-16-15 SEE SCHEDULE 0 FOR FULL LIST OF STATES Form 990 (2015)
6
08190512 787226 464950751 2015.03030 THE BARACK OBAHA FOUNDATION 46495071

Form 990 (2015) THE B7,RACK OBANA FOUNDATION 46-4950751 Page7
Part VlI( Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated
Employees, and Independent Contractors
Check if Schedule 0 contains a response or note to any line in this Part VII ............................................................................El
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
la Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organizations tax year.
• List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation.
Enter 0 in columns (D), (E), and (F) if no compensation was paid.
• List all of the organization's current key employees, if any. See instructions for definition of 'key employee."
• List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee) who received report-
able compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations.
• List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of
reportable compensation from the organization and any related organizations.
• List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organization,
more than $10,000 of reportable compensation from the organization and any related organizations.
List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees;
and former such persons.

(A) (B) (C) (D) (E) (F)
Name and Title A
Average Position Reportable Reportable Estimated
(do not check more than one
hours per box, unless person is both an compensation compensation amount of
officer and adlrector/trustee)
week from from related other
(list any the organizations compensation
hours for organization (W-2/1 099-MISC) from the
related (W-2/1 099 .MISC) organization
ganizattons 9 K and related
below 2 organizations
S B
line) g
(1) MARTIN H NESBITT 10.00
DIRECTOR/CHAIRMAN H X 0. 0. 0.
(2) J. KEVIN POORMAN 10.00

DIRECTOR/PRESIDENT X X 0 0. 0.
(3) DAVID PLOUFFE 1.00

DIRECTOR/VP /SECRETARY X H 0 0. 0.
(4) MAYA SOETORO-NG 1.00

DIRECTOR X 0 0. 0.
(5) JULIANNA SMOOT 1.00

DIRECTOR X 0 0.1 0.
(6) JOHN DOERR 1.00

DIRECTOR X 0 0. 0,
(7) THELMA GOLDEN 1.00

DIRECTOR X 0 0. 0.
(8) ROBBIN COHEN 40.00

EXECUTIVE DIRECTOR X 244,838 0. 8,312.
(9) JUSTIN ROSENTHAL 40.00

STRATEGY & OPERATIONS MANAGER X 131,596 0.1 5289.
(10) JMfISON CITRON 40.00

EXTERNAL AFFAIRS MANAGER X 137,500 0.1 7,022.
(11) JONABEL PiJSSETPE 40.00

DIRECTOR OF ACCOUNTING & ADMIN. X 121 329 0, 15023.

EO

532007 12-16-15 Form 990(2015)
7
08190512 787226 464950751 2015.03030 THE BARACK OBAMA FOUNDATION 46495071

Form 990 THE BARACK OBAMA FOUNDATION 46-4950751 PaaeS
Section
(A) (B) (C) (D) (E) (F)
Name and title Average Position Reportable Reportable Estimated
(do not check more than one
hours per box, unless person is both an compensation compensation amount of
week officer and adfrector/trustee)
from from related other
(list any the organizations compensation
hours for e organization (W-2/1099-MISC) from the
related (W-2/1 099-MISC) organization
organizations and related
below organizations
line)

lb Sub-total,..... ............................................................................................... 635,263. 0. 35,646.
c Total from continuation sheets to Part VII, Section A 0. 0. 0.
d Total (add lines lb and lc) ......................................................................... 635,263.1 0.1 35,646.
2 Total number of individuals (including but not limited to those listed above) who received more than $100000 of reportable
4

3 Did the organization list any former officer, director, or trustee, key employee, or highest compensated employee on
line la? If "Yes,' complete Schedule J for such individual .3 -1
X
4 For any individual listed on line 1 a, is the sum of reportable compensation and other compensation from the organization
and related organizations greater than $150,000? If "Yes," complete Schedule J for such individual .4 X
5 Did any person listed on line 1 a receive or accrue compensation from any unrelated organization or individual
id for services
rendered to the organization? If "Yes,' complete Schedule J for such person 5 1- X
Section B. Independent Contractors
1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from
the organization. Re port compensation for the calendar year ending with or within the organization's tax year.

(A) (B) (C)
Name and business address Description of services Compensation
KATTEN, MUCHIN ROSENMAN, LLP
525 WEST MONROE, CHICAGO, IL 60661 296,759.
BLUE STATE DIGITAL, 101 AVENUE OF THE

AMERICAS - 12TH FL., NEW YORK , NY 10013 AND COMMUNICATIONS 272,879.
SKDKNICKERBOCKER, 1150 18TH STREET NW -

SUITE 800, WASHINGTON, DC 20036 AND COMMUNICATIONS 182,865.
PETER EDWARD ARENDT, LLC.
6012 EL CAMPO AVENUE. FORT WORTH. TX 76107 150,000.

2 Total number of independent contractors (including but not limited to those listed above) who received more than
1 00.000 of comnensation from the nrnniztion ble. 4
Form 990(2015)
532008
12-16-15
8
08190512 787226 464950751 2015.03030 THE BARACK OBAMA FOUNDATION 46495071

Form 990 (2015) THE BIBACK OBA FOUNDATION 46-4950751 Page
I Part VIII J Statement of Revenue
Check if Schedule 0 contains a response or note to any line in this Part VIII
ral
..................................................
.. .
Related or
Total revenue Unrelated
exempt function business
revenue revenue
I a Federated campaigns Ii
so b Membership dues .........................[j
c Fundraising events ............. Li
d Related organizations ..................li
vrE e Government grants (contributions) jj
f All other contributions, gifts, grants, and
similar amounts not included above 1916247
If
g Noncash contributions included In lines is-if:
Ica h Total. Add Im ps 1i-1f 1 916 247

2a
w b
Inc C
se d
o e
CL f iJl other program service revenue

3 Investment income (including dividends, interest, and
other similar amounts) ................................................. 19. 19.
4 Income from investment of tax-exempt bond proceeds
5 Royalties .....................................................

6 a Gross rents
b Less: rental expenses .........
c Rental income or (loss)
d Net rental income or (loss) ..........................

7 a Gross amount from sales of (o) Securities Other
assets other than inventory
b Less: cost or other basis
and sales expenses .........
o Gain or (loss) .....................
dNet gain or (loss) .........................................
8 a Gross income from fundraising events (not
including$ of
contributions reported on line 1c). See
Part IV, line l8 ....................................... a
bLess: direct expenses ............................ b
c Net income or (loss) from fundraising events
9 a Gross income from gaming activities. See
Part IV, line 19 a
b Less: direct expenses ................... b
c Net income or (loss) from gaming activities
10 a Gross sales of inventory, less returns
and allowances a
b Less: cost of goods sold ...................... b
c Net income or floss from sates of inventory
Miscellaneous Revenue
11 a
b
C
d PJlotherrevenue ..............
e Total. Add lines lla-lld .......
- 12 Total revenue. See instructions. 1,916,266 0 0.1 19.
532009 12-16-15 Form 990 (2015)
9
08190512 787226 464950751 2015.03030 THE BARACK OBAHA FOUNDATION 46495071
Form 990 (2015) THE BARACK OBAMA FOUNDATION 46-4950751 Page 10
I Part IX I Statement of Functional Expenses
Section 501(c) (3) and 501(c) (4) organizations must complete all columns. All other organizations must complete column (A).
Check if Schedule 0 contains a response or note to any line in this Part IX L2cJ
Do not Include amounts reported on fines 6b (A) (B) (C) (0)
Total expenses Program service Management and Fundraising
U 0,
1.1 • 8fl o expenses general expenses expenses
I Grants and other assistance to domestic organizations
and domestic governments. See Part IV, line 21
2 Grants and other assistance to domestic
individuals . See Part IV, line 22
3 Grants and other assistance to foreign
organizations, foreign governments, and foreign
individuals. See Part IV, lines 15 and 16
4 Benefits paid to or for members ...................___________________
5 Compensation of current officers, directors,
trustees, and key employees 635,263. 390,155. 215,177. 29,931.
6 Compensation not included above, to disqualified
persons (as defined under section 4958(f)(1)) and
persons described in section 4958(c)(3)(B)
7 Other salaries and wages .......................375,876. 278,159. 93,528. 4,189.
a Pension plan accruals and contributions (include
section 401(k) and 403(b) employer contributions)
9 Other employee benefits .......................37,047. 15,906. 19,475. 1,666.
10 Payroll taxes ..................................... 62,945. 41,269. 19,452. 2,224.
11 Fees for services (non-employees):
a Management ............................................ .....__________________
b Legal 245,364. 157,929. 58,775. 28,660.
c Accounting ..............................14,705. 14,705.
dLobbying
e Professional fundraising services. See Part IV, line 17 12,000. 12,000.
f Investment management fees
g Other. (If line 1 ig amount exceeds 10% of line 25,
column (A) amount list line llg expenses onSchO.) 683,450. 610,382. 72,324. 744.
12 Advertising and promotion . 630,633. 489,642. 140,991.
13 Office expenses . 34,355. 5,401. 17,488. 11,466.
14 Information technology . 858. 858.
15 Royalties
16 Occupancy ................................................... _____
17 Travel 60,581. 47,102. 13,340, 139,
18 Payments of travel or entertainment expenses
for any federal, state, or local public officials
19 Conferences, conventions, and meetings ...1,975, 1,975,
20 Interest
21 Payments to affiliates .................................... .__________________
22 Depreciation, depletion, and amortization ..14,148, 12,881. 1,080 • 187.
23 Insurance 11,708. 11,708,
24 Other expenses. Itemize expenses not covered
above. (List miscellaneous expenses in line 24e. If line
24e amount exceeds 100/6 of line 25, column (A)
amount, list line 24e expenses on Schedule 0.)
a
b
C
d
e AN other expenses
25 Total functional expenses. Add lines 1 through 24e 2.820.9081 2.050.801.1 678,901.1 91,206.
26 Joint costs. Complete this line only if the organization
reported in column (B) joint costs from a combined
educational campaign and fundraising solicitation.
Check here El Wfotlowlna SOP 68-2 MSC 858-7201

532010 12-16-15 Form 990(2015)
10
08190512 787226 464950751 2015.03030 THE BARCK OBAMA. FOUNDATION 46495071

THE BARACK OBANA FOUNDATION 46-4950751 Page ii

Check if Schedule 0 contains a resoonse or note to an y line in U

(A) (B)
Beginning of year End of year
I Cash - non-interest-bearing 2,942,362. i 2,348,817.
2 Savings and temporary cash investments ...................................................... 30,000. 2
3 Pledges and grants receivable, net ............................................................... 656,737. 340,557.
4 Accounts receivable, net ...........................................................................
5 Loans and other receivables from current and former officers, directors,
trustees, key employees, and highest compensated employees. Complete
PartII of Schedule L ....................................................
6 Loans and other receivables from other disqualified persons (as defined under
section 4958(t)(1)) persons described in section 4958(c)(3)(B), and contributing
employers and sponsoring organizations of section 501(c)(9) voluntary
employees beneficiary organizations (see instr). Complete Part II of Sch L
7 Notes and loans receivable, net
8 Inventories for sale or use ..................................

9 Prepaid expenses and deferred charges .................................................. 7.172 7,497.
lOa Land, buildings, and equipment: cost or other
basis. Complete Part VI of Schedule D .lOa 47,633
b Less: accumulated depreciation -------------------lOb 32494.
11 Investments - publicly traded securities .......................................................
12 Investments - other securities. See Part IV, line 11
13 Investments - program-related. See Part IV, line 11 ......................................
14 Intangible assets ..........................................................................................
15 Other assets. See Part IV, line 11 ....................................................... 25,125. 15 1,261,208.
16 Total assets. Add lines 1 through 15 (must equal line 34) 3,670,839. 16 3,990,573.
17 Accounts payable and accrued expenses .................................................. 188,216. 17 1,412,592.
18 Grants payable .............................................................................................
19 Deferred revenue ......................................................................................
20 Tax-exempt bond liabilities ...........................................................................
21 Escrow or custodial account liability. Complete Part IV of Schedule 0 ...........
a) 22 Loans and other payables to current and former officers, directors, trustees,
key employees, highest compensated employees, and disqualified persons.
CO Complete Part II of Schedule L .................................................................
-J
23 Secured mortgages and notes payable to unrelated third parties ..........
24 Unsecured notes and loans payable to unrelated third parties ......................
25 Other liabilities (including federal income tax, payables to related third
parties, and other liabilities not included on lines 17-24). Complete Part X of
Schedule 0 25
188,216. Total liabilities, Add lines 17 through 25 _ 1,412,592.
Organizations that follow SFAS 117 (ASC 958), check here 10P. L&J and
0 complete lines 27 through 29, and lines 33 and 34.

27 Unrestrictednet assets ................................................................................. 2,825,886. 27 2,244,648.
CO
CO 28 Temporarily restricted net assets ....................................................... 656,737. _ 333,333.

29 Permanentlyrestricted net assets .............................................. 29
U. Organizations that do not follow SF AS 117 (ASC 958), check here
I-
and complete lines 30 through 34.
0
to
30 Capital stock or trust principal, or current funds ........................ 30

31 Paid-in or capital surplus, or land, building, or equipment fund ...................... 31
32 Retained earnings, endowment, accumulated income, or other funds ......... 32
Z
3 ,482,623.
33 Total net assets or fund balances .................................................................. 33 2,577,981.
3,670839. 3,990,573.
Form 990(2015)

532011
12-16-15
11
08190512 787226 464950751 2015.03030 THE BARACK OBAMA FOUNDATION 46495071
Form 990 (2015) THE BABACIC OBAMA FOUNDATION 46-4950751 page 12
Part XI Reconciliation of Net Assets
Check if Schedule 0 contains a response or note to any line in this Part XI .................................................................... LI
1 Total revenue (must equal Part VIII, column (A), line 12) 1,916266.

2 Total expenses (must equal Part IX, column (A), line 25) ........................................................................ 2,820,908.
3 Revenue less expenses. Subtract line 2 from line 1 -904,642.
4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) .............................. 3.482.623.

5 Net unrealized gains (losses) on investments ............................................................................................
6 Donated services and use of facilities

7 Investmentexpenses...................
8 Prior period adjustments
9 Other changes in net assets or fund balances (explain in Schedule 0) 0.
10 Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33,
column (B)) .••..•..•............................. 2.577.981.
Financial Statements and Reporting
Check if Schedule 0 contains a resoonse or note to LI
1 Accounting method used to prepare the Form 990: LI
Cash III Accrual LI Other
If the organization changed its method of accounting from a prior year or checked 'Other,' explain in Schedule 0.
2a Were the organization's financial statements compiled or reviewed by an independent accountant? X
If 'Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a
se ate basis, consolidated basis, or both:
M Separate basis LI
Consolidated basis LI Both consolidated and separate basis
b Were the organization's financial statements audited by an independent accountant? .....................................................
If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis,
consolidated basis, or both:
III Separate basis LII Consolidated basis LI Both consolidated and separate basis
c If Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit,
review, or compilation of its financial statements and selection of an independent accountant? ............................
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule 0.
3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit
Actand OMB Circular A133? ............................................................................................................................................ X
b If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit
or audits. exotain why in Schedule 0 and describe an y steos taken to undercio such audits
Form 990(2015)

532012
12-16-15

12
08190512 787226 464950751 2015.03030 THE BARACK OBAM1. FOUNDATION 46495071

SCHEDULE A OMB No. 1545-0047

(Form 990 or 990-EZ)
Public Charity Status and Public Support
Complete If the organization is a section 501(c(3) organization or a section
4947(a)(1) nonexempt charitable trust.
Department of the Treasury Attach to Form 990 or Form 990-EL Open to Public
Internal Revenue Service Inspection
about is 3tWww.Frs.gov/form99O.

THE BAflACK OBAHA FOUNDATION 46-4950751
must complete this part.) See instructions.
Theization
an is not a private foundation because it is: (For lines 1 through 11 check only one box.)
1 Off A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).
2 El A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990 or 990-EZ).)
r A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(lil).
4 EJ A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name,
city, and state:
El An organization operated for the benefit of a college or university owned or operated by a governmental unit described in
section 170(b)(11)(A)(iv). (Complete Part II.)
6 El A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).
7 An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in
section 170(b)(1)(A)(vi). (Complete Part IL)
8 El A community trust described in section 170(b)(1)(A)(vI). (Complete Part II.)
1J An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from
activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment
income and unrelated business taxable income Ijess section 511 tax) from businesses acquired by the organization after June 30, 1975.
See section 509(a)(2). (Complete Part Ill.)
10 EJ An organization organized and operated exclusively to test for public safety. See section 509(a)(4).
11 El An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or
more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box in
lines 11 a through lid that describes the type of supporting organization and complete lines lie, 1 if, and 11g.
a ED Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving
the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting
organization. You must complete Part IV, Sections A and B.
b U Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having
control or management of the supporting organization vested in the same persons that control or manage the supported
organization(s). You must complete Part IV, Sections A and C.
c EEl Type Ill functionally Integrated. A supporting organization operated in connection with, and functionally integrated with,
its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.
d [El Type Ill non-functionally integrated. A supporting organization operated in connection with its supported organization(s)
that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness
requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.
e Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type Ill
functionally intearated, or Tyøe lii non-functionall y integrated su pp ortin g organization.
f Enter the number of supported organizations ...................................................................... _-----1
g Provide the following information about the supported organization(s).
(I) Name of supported (ii) EIN (III) Type of organization Iv) is the organization Amount of monetary (vi) Amount of
I listed in
(described on ilnes 1-9 Igovornirig your
document? other support (see
organization support (see
above (see instructions)) Mnstructions) instructions)
I Yes I No

LHA For Paperwork Reduction Act Notice, see the Instructions for Schedule A (Form 990 or 990-EZ) 2015
Form 990 or 990-EL 532021 09-23-15
13
08190512 787226 464950751 2015.03030 THE BARACK OBAMA FOUNDATION 46495071
Schedule A(Form990or990 . )2015 THE BARACK OBANA FOUNDATION 46-4950751 Page
Part Ii I Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part Ill. If the organization
fails to qualify under the tests listed below, please complete Part Ill.)

Calendar year (or fiscal year beginning ln) 2011 I 1b12012 I (c) 2013 (d) 2014 (0) 2015 1 (1) Total

1 Gifts, grants, contributions, and
membership fees received. (Do not

include any 'unusual grants.") 5.434877. 1.916.247. 7,351,124.
2 Tax revenues levied for the organ-
ization's benefit and either paid to
or expended on its behalf
3 The value of services or facilities
furnished by a governmental unit to
the organization without charge

4 Total. Add lines 1 through 3 ....... 5,434,877.1 1,916,247 7,351,124.
5 The portion of total contributions
by each person (other than a
governmental unit or publicly
supported organization) included
on line 1 that exceeds 2% of the
amount shown on line 11,
column (f)
7,351,124.

Calendar year (or fiscal year beginning in)' . (a) 2011 (b) 2012 (c) 2013 (d) 2014 (a) 2015
7 Amounts from line 4 ...................
5,434,877. 1,916,247 7 ,351,124.
8 Gross income from interest,
dividends, payments received on
securities loans, rents, royalties
and income from similar sources 19 19.
9 Net income from unrelated business
activities, whether or not the
business is regularly carried on
10 Other income. Do not include gain
or loss from the sale of capital
assets (Explain in Part VI.) ........... _____________ _____________
11 Total support. Add lines 7 through 10 7,351,143,
12 Gross receipts from related activities, etc. (see instructions) ............................................................
12 I
13 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501 (c)(3)

14 Public support percentage for 2015 Oine 6, column (I) divided byline 11, column (f)) ...............................14 %
15 Public support percentage from 2014 Schedule A, Part II, line 14 ...............................................................15 i %
16a 33 113% support test - 2015. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and
stop here. The organization qualifies as a publicly supported organization ..................................................................................
b 33 1/3% support test - 2014. lithe organization did not check a box on lie 13 or 16a, and line 15 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ................................................................................
17a 100/6 -facts-and-circumstances test - 2015. If the organization did not check a box online 13, lEa, or 16b, and line 14 is 10% or more,
and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization
meets the "facts-and-circumstances' test. The organization qualifies as a publicly supported organization ........................................
b bob -facts-and-circumstances test - 2014. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10 0/0 or
more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the
organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization -------- - I

18 Private foundation. lithe organization did not check a box online 13, 16a, 16b, 17a, or 17b, check this box and see instructions.......
Schedule A (Form 990 or 990-EZ) 2015

532022
00-23-15
14
08190512 787226 464950751 2015.03030 THE BARACK OBAMA FOUNDATION 46495071
Schedule A (Form 990 or 990-EZ) 2015 Page 3
I Part Ill j support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to

Calendar year (or fiscal year beginning in) 2014 I (e) 2015 I if) Total
1 Gifts, grants, contributions, and
membership fees received. (Do not
include any 'unusual grants.")
2 Gross receipts from admissions,
merchandise sold or services per-
formed, or facilities furnished in
any activity that is related to the
organization's tax-exempt purpose
3 Gross receipts from activities that
are not an unrelated trade or bus-
iness under section 513
4 Tax revenues levied for the org an-
ization's benefit and either paid to
or expended on its behalf
5 The value of services or facilities
furnished by a governmental unit to
the organization without charge
6 Total. Add lines 1 through 5 .........
7a Amounts included on lines 1, 2, and
3 received from disqualified persons
b Amounts included on lines 2 and 3 received
fromother U&an disqualified persona that
exceed the greater of $5000 or 1% of the
amount on line 13 for the year

c Add lines 7a and 7b ....................

Calendar year (or fiscal year beginning In) 2012 I (c) 2013 I (d) 2014 I 1e2015
9 Amounts from line 6 .....................
lOa Gross income from interest,
dividends, payments received on
securities loans, rents, royalties
and income from similar sources
b Unrelated business taxable income
(less section 511 taxes) from businesses
acquired after June 30, 1975
cAdd lines 1 O and 1 O
11Net income from unrelated business
activities not included in line lob,
whether or not the business is
regularly carried on
12 Other income. Do not include gain
or loss from the sale of capital
assets (Explain in Part VI.) .____________
13 Total support. (Add lines 9. lOc, 11, and 12.)
14 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501 (c)(3) organization,

15 Public support percentage for 2015 Oine 8, column (f) divided by line 13, column (f))
16 Public support percentage from 2014 Schedule A Part III, fine 15
3ection D. Computation of Investment Income Percentane
17 Investment income percentage for 2015 Qine 1 Oc, column (f) divided byline 13, column (I)) .......................17 %
18 Investment income percentage from 2014 Schedule A Part Ill, line 17 118
19a 33 1/3% support tests - 2015. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not
more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... ON. El
b 33 1/30/9 support tests -2014. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3%, and
line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization El
20 Private foundation. If the organization did not check a box online 14,19a, or 19b, check this box and see Instructions EJ
532023 09-23-15 Schedule A (Form 990 or 990-EZ) 2015
15
08190512 787226 464950751 2015.03030 THE BARACK OBAMA. FOUNDATION 46495071
Schedule A (Form S9Oor99Q .EZ)2015 THE B7RACK OBAHA FOUNDATION 46-4950751 Page
Part 1V I Supporting Organizations
(Complete only if you checked a box in line 11 on Part I. If you checked 11 a of Part I, complete Sections A
and B. If you checked 11 b of Part I, complete Sections A and C. If you checked 11 c of Part I, complete

Sections and E. If you checked 11 Sections A and D. and comolete Part
rtlng Organizations
No
Are all of the organizations supported organizations listed by name in the organizations governing
documents? If "No" describe in Part t'7 how the supported organizations are designated. If designated by
class or purpose, describe the designation. If historic and continuing relationship, explain.
2 Did the organization have any supported organization that does not have an IRS determination of status
under section 509(a)(1) or (2)? If "Yes, explain in Part ''7 how the organization determined that the supported
organization was described in section 509(a) (1) or (2).
3a Did the organization have a supported organization described in section 501 (c)(4), (5), or (6)? If "Yes," answer
(b) and (c) below.
Did the organization confirm that each supported organization qualified under section 501 (c)(4), (5), or (6) and
satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the
organization made the determination.
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B)
purposes? If "Yes,' explain in Part VI what controls the organization put in place to ensure such use.
4a Was any supported organization not organized in the United States ('foreign supported organization')? If
'Yes," and if you checked 1 la or 1 lb in Part I, answer (b) and (c) below. 4a
b Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign
supported organization? If "Yes," describe in Part VI how the organization had such control and discretion
despite being controlled or supervised by or in connection with its supported organizations. 4b
Did the organization support any foreign supported organization that does not have an IRS determination
under sections 501 (c)(3) and 509(a)(1) or (2)? If "Yes," explain in Part VI what controls the organization used
to ensure that all support to the foreign supported organization was used exclusively for section 1 70(c) (2) (B)
purposes. 4c
5a Did the organization add, substitute, or remove any supported organizations during the tax year? If "Yes,"
answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including () the names and EIN
numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action;
(ii,) the authority under the organization's organizing document authorizing such action; and (iv) how the action
was accomplished (such as by amendment to the organizing document).
b Type I or Type II only. Was any added or substituted Supported organization part of a class already
designated in the organization's organizing document?
c Substitutions only. Was the substitution the result of an event beyond the organization's control?
6 Did the organization provide support (whether in the form of grants or the provision of services or facilities) to
anyone other than (Q its supported organizations, (ii) individuals that are part of the charitable class
benefited by one or more of its supported organizations, or (iii) other supporting organizations that also
support or benefit one or more of the filing organization's supported organizations? If 'Yes, " provide detail in
Part VI. 6
7 Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor
(defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35 0A controlled entity with
regard to a substantial contributor? If "Yes,' complete Part! of Schedule L (Form 990 or 990-0).
8 Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7?
If "Yes," complete Part! of Schedule L (Form 990 or 990-EZ).
9a Was the organization controlled directly or indirectly at any time during the tax year by one or more
disqualified persons as defined in section 4946 (other than foundation managers and organizations described
in section 509(a)(1) or (2))? If "Yes," provide detail in Part VI. 9a
b Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which
the supporting organization had an interest? If 'Yes," provide detail in Part VI. 9b
c Did a disqualified person (as defined in line 9a) have an ownership interest in, or derive any personal benefit
from, assets in which the supporting organization also had an interest? If 'E Yes," provide detail in Part VI. 9c
lOa Was the organization subject to the excess business holdings rules of section 4943 because of section
4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated
supporting organizations)? If "Yes," answer lOb below. lOa
b Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to

determine whether the organization had excess business holdings.) lOb

532024 09-23-15 Schedule A (Form 990 or 990-EZ) 2015
16
08190512 787226 464950751 2015.03030 THE BARACK OBAMA FOUNDATION 46495071

THE BARACK OBAMA FOUNDATION 46-4950751

11 Has the organization accepted a gift or contribution from any of the following persons?
a A person who directly or indirectly controls, either alone or together with persons described in (b) and (c)
below, the governing body of a supported organization?
b A family member of a person described in (a) above?
c A 35% controlled entity of a person described in (a) or (b) above?If 'Yes" to a, b, ore, provide detail in Part VI.
Section B. Tvoe I Subnortina Oraänizations

I Did the directors, trustees, or membership of one or more supported organizations have the power to
regularly appoint or elect at least a majority of the organization's directors or trustees at all times during the
tax year? If "No. • describe in Part W how the supported organization(s) effectively operated, supervised, or
controlled the organization's activities. If the organization had more than one supported organization,
describe how the powers to appoint and/or remove directors or trustees were allocated among the supported
organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
2 Did the organization operate for the benefit of any supported organization other than the supported
organization(s) that operated, supervised, or controlled the supporting organization? If "Yes,' explain in
Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated,
suporvised, or controlled the supporting organization.
Section C. Tvne II SuDnortinq Oruanizations
No
Were a majority of the organization's directors or trustees during the tax year also a majority of the directors
or trustees of each of the organization's supported organization(s)? If 'No,' describe in Part VI how control
or management of the supporting organization was vested in the same persons that controlled or managed
the supported orcanization(s).

No
1 Did the organization provide to each of its supported organizations, by the last day of the fifth month of the
organization's tax year, (i) a written notice describing the type and amount of support provided during the prior tax
year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the
organization's governing documents in effect on the date of notification, to the extent not previously provided?
2 Were any of the organization's officers, directors, or trustees either (i) appointed or elected by the supported
organization(s) or (ii) serving on the governing body of a supported organization? If 'No,' explain in Part VI how
the organization maintained a close and continuous working relationship with the supported organization(s).
3 By reason of the relationship described in (2), did the organization's supported organizations have a
significant voice in the organization's investment policies and in directing the use of the organization's
income or assets at all times during the tax year? If 'Yes," describe in Part W the role the organization's
su000rted oraanizations oi'aved in this reaani.
Section E. Tve III
Check the box next to the method that the organization used to satisfy the Integral Part Test during the yea(ee Instructions):
a El The organization satisfied the Activities Test. Complete line 2 below.
b El The organization is the parent of each of its supported organizations. Complete line 3 below.
The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see ins
2 Activities Test. Answer (a) and (b) below.
a Did substantially all of the organization's activities during the tax year directly further the exempt purposes of
the supported organization(s) to which the organization was responsive? If 'Yes," then in Part VI Identify
those supported organizations and explain how these activities directly furthered their exempt purposes,
how the organization was responsive to those supported organizations, and how the organization determined
that these activities constituted substantially all of its activities.
b Did the activities described in (a) constitute activities that, but for the organization's involvement, one or more
of the organization's supported organization(s) would have been engaged in? If 'Yes,' explain in Part VI the
reasons for the organizations position that its supported organization(s) would have engaged in these
activities but for the organization's involvement.
3 Parent of Supported Organizations. Answer (a) and (b) below.
a Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or
trustees of each of the supported organizations? Provide details in Part W.
b Did the organization exercise a substantial degree of direction over the policies, programs, and activities of each
of its sunnorted oraanizations? If 'Yes.' describe in Part VI the role olaved by the oraan!zation In this reoard.

532025 09-23-15 Schedule A (Form 990 or 990 .EZ) 2015
17
08190512 787226 464950751 2015.03030 THE B.ARACK OBAHA FOUNDATION 46495071

or990-EZ'12015 THE BARACK OBAMA FOUNDATION 46-4950751

I LJ Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970. See Instructions. All
other Type Ill non-functionally integrated supporting organizations must complete S ections A through E.
(B) Current Year
Section A - Adjusted Net Income (A) Prior Year (optional)
I Net short-tern, capital gain 1
2 Recoveriesof prior-year distributions 2
3 Other gross income (see Instructions)
4 Add lines 1 through 3 _•j.
5 Depreciation and depletion 5
6 Portion of operating expenses paid or incurred for production or
collection of gross income or for management, conservation, or
maintenance of property held for production of income (see instructions) 1 6 1
7 Other expenses (see instructions) 17
8 AdJusted Net Income (subtract lines 5, 6 and 7 from line 41 18
(B) Current Year
Section B - Minimum Asset Amount (A) Prior Year (optional)
J
I Aggregate fair market value of all non-exempt-use assets (see
instructions for short tax year or assets held for part of year):
a Average monthly value of securities
b Average monthly cash balances
C Fair market value of other non-exempt-use assets
d Total (add lines la, lb. and ic)
e Discount claimed for blockage or other
factors (explain in detail in Part VI):
to non-exempt-use assets

4 Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount,
4
5 Net value of non-exempt-use assets (subtract tine 4 from line 3)
6 Multiply line 5 by .035
7 Recoveries of prior-year distributions
8 Minimum Asset Amount (add line 7 to line 6)

Section C- Distributable Amount Current Year

1 Adjusted net income for prior year (from Section A, line 8, Column P
2 Enter 85% of line 1
3 Minimum asset amount for prior year (from Section B, line B, Columr
4 Enter greater of line 2 or line 3
5 Income tax imposed in prior year
6 Distributable Amount. Subtract line 5 from line 4, unless subject to

7 L_J Check here if the current year is the organization's first as a non-functionally-integrated Type Ill supporting organization (see
instructions).
Schedule A (Form 990 or 990-EZ) 2015

532026
09-23-15
18
08190512 787226 464950751 2015.03030 THE BARACK OBAMA FOUNDATION 46495071

THE BARACK OBANA FOUNDATION 46-4950751 F 7
H.
etouui; L - L014PU lijUtlUtib I Current Year
I Amounts paid to supported omanizations to accomplish exempt purposes
2 Amounts paid to perform activity that directly furthers exempt purposes of supported
organizations, in excess of income from activity
3 Administrative expenses paid to accomplish exempt purposes of supported organization
4 Amounts paid to acquire exempt-use assets
5 Qualified set-aside amounts (prior IRS approval required)
6 Other distributions (describe in Part VI). See instructions.
7 Total annual distributions. Add lines 1 through 6.
8 Distributions to attentive supported organizations to which the organization is responsive
(provide details in Part VI). See instructions.
9 Distributable amount for 2015 from Section C. line 6

(i) (ii) (III)
Excess Distributions Underdistributlons Distributable
Section E - Distribution Allocations (see instructions) Pre-2015 Amount for 2015

2 Underdistributions, if any, for years prior to 2015
(reasonable cause required-see instructions)
3 Excess distributions carryover, if any, to 2015:
a
b
C
d From 2013
e From 2014
f Total of tines 3a through e
g Applied to underdistributions of prior years
h Applied to 2015 distributable amount
I Carryover from 2010 not applied (see instruction
J Remainder. Subtract lines 3g, 3h, and 31 from 3f.
4 Distributions for 2015 from Section D,
line 7: $

c Remainder. Subtract lines 4a and 4b from 4.
5 Remaining underdistributions for years prior to 2015, if
any. Subtract lines 3g and 4a from line 2 (if amount
greater than zero, see instructions).
6 Remaining underdistributions for 2015. Subtract lines 3h
and 4b from line 1 (if amount greater than zero, see
instructions).
7 Excess distributions carryover to 2016. Add lines 3j
and 4c.

a
b
C
d
e
Schedule A (Form 990 or 990-EZ) 2015

532027
09-23-15
19
08190512 787226 464950751 2015.03030 THE BARACK OBAHA FOUNDATION 46495071

THE BARACK OB?HA FOUNDATION 46-4950751
IUrL VI I Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 1 7a or 1 7b; Part Ill, line 12;
Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11 a, 11 b, and 11c; Part IV, Section B, lines land 2; Part IV, Section C,
line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines ic, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line le; Part V,
Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information.
(See instructions.)

PART II SECTION B LINE 13

THE FOUNDATION DATE OF INCEPTION WAS JANUARY 31,2014.

532028 08-23-15 Schedule A (Form 990 or 990-EZ) 2015
20
08190512 787226 464950751 2015.03030 THE BARACK OB.AMA FOUNDATION 46495071
OMB No. 1545-0047
SCHEDULED Supplemental Financial Statements
(Form 990) Complete If the organization answered "Yes" on Form 990,
Part IV, line 6,7,8,9, 10, ha, jib, lic, lid, ile, hf, 12a, or 12b.
Department of the Treasury Attach to Form 990. Open to Public
Internal Revenue Service Inspection
Name of the organization Employer identification number
THE BARACK OBAlA FOUNDATION 1 46-4950751

I Part I Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts.complete if the
organization answered Yes' on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year ......................................._______________________________
2 Aggregate value of contributions to (during year) ......_______________________________
3 Aggregate value of grants from (during year) ..._______________________________
4 Aggregate value at end of year ....................................._______________________________
all
5 Did the organization inform and donor advisors in writing that the assets held in donor advised funds
are the organizations property, subject to the organization's exclusive legal control? .................................................. Yes No
6 Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only
for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring

if the organization answered 'Yes' on Form 990, Part IV, line 7.
I Pu ose(s) of conservation easements held by the organization (check all that apply).
Preservation of land for public use (e.g., recreation or education) Preservation of a historically important land area
EJ Protection of natural habitat lIT] Preservation of a certified historic structure
EJ Preservation of open space
2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last
day of the tax year. - Held at the End of the Tax Year
a Total number of conservation easements 2a
bTotal acreage restricted by conservation easements .............................................................................. 2b
c Number of conservation easements on a certified historic structure included in (a) ........................_________________________
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure
listed in the National Register ............
3 Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the tax
year'-
4 Number of states where property subject to conservation easement is located 110,
5 Does the organization have a written policy regarding the periodic monitoring, inspection, handling of
violations, and enforcement of the conservation easements it holds? LI Yes No LI
6 Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year

7 Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year

8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section 1 70(h)(4)(B)(i)
and section 170(h)(4)(13)(ii)? LI
................................................................................................................................. ETi Yes No
9 In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and balance sheet, and
include, if applicable, the text of the footnote to the organization's financial statements that describes the organization's accounting for
conservation easements.
I Part Ill I Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
la If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII,
the text of the footnote to its financial statements that describes these items.
b If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical
treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts
relating to these items:
(i) Revenue included on Form 990, Part VIII, line 1 .................................................................................... $
(ii) Assets included in Form 990, Part X ................................................................................. $
2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide
the following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
a Revenue included on Form 990, Part VIII, line 1 ...................................................................................... jo, $
bAssets included in Form 990, Part X ......................................................................................................... 1111l. $
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule D (Form 990) 2015
532051
11-02-15
25
08190512 787226 464950751 2015.03030 THE BARACK OBAMA. FOUNDATION 46495071

Schedule D (Form 99O)2015 THE BARACK OBAMA FOUNDATION Page 46-4950751
I Part III Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Asset'conlinuecO
3 Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its collection items
(check all that apply):
a LI Public exhibition d El
Loan or exchange programs
b Scholarly research e LI
Other______________________________________________________
c LI Preservation for future generations
4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIII.
5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets
to be sold to raise funds rather than to be maintained as part of the organization's collection? .................................... L]
Yes No LI
I Part IV I Escrow and Custodial Arrangements. Complete if the organization answered "Yes' on Form 990, Part IV, line 9, or
reported an amount on Form 990, Part X, line 21.
la Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included
on Form 990, Part X? 0 Yes LI No
b If Yes,' explain the arrangement in Part XIII and complete the following table: ......
Amount
cBeginning balance ............................................................................................................ic
d Additions during the year .Id
eDistributions during the year ................................................................................................................ le
f Ending balance .If
2a Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?L...J Yes L.J No
b If "Yes.' ewlain the arranoement in Part XIII. Check here if the exolanation has been orovided on Part X111 Fi
if the organization answered "Yes" on Form 990, Part IV, line 10.
I
(a) Current year I
(b) Prior year I I I
c Two years back (dl Three years back tel Four years back
la Beginning of year balance
b Contributions
c Net investment earnings, gains, and losses
d Grants or scholarships ........................... .
e Other expenditures for facilities
and programs .......................................
f Administrative expenses ........................_______________
g End of year balance ............ ................ ._______________
2 Provide the estimated percentage of the current year end balance (me 1 g, column (a)) held as:
a Board designated or quasi-endowment
b Permanent endowment __
c Temporarily restricted endowment %
The percentages on lines 2a, 2b, and 2c should equal 1000/6.
3a Are there endowment funds not in the possession of the organization that are held and administered for the organization
by: Yes No
(i) unrelated organizations ............................................................................................................................................ 3a (I)
(ii) related organizations ... ................................................................................................................................... 3a(ii )
b If "Yes' onas
ons listed
i line 3a(ii), are the related organizations
required on Schedule R? .3b
4 Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI I Land, Buildings, and Equipment.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11 a. See Form 990, Part X, line 10.
Description of property (a) Cost or other (b) Cost or other (c) Accumulated (d) Book value
basis (investment) I basis I depreciation
la Land
b Buildings
c Leasehold improvements
dEquipment ................................................ 14,133. 4,903. 9,230.

e Other 33,500. 10,236. 23,264.

Part X column () line 7 32,494.
Schedule D (Form 990) 2015

532052
09-21-15

26
08190512 787226 464950751 2015.03030 THE BARA.CK OBAMA. FOUNDATION 46495071
Schedule D (Form 99O)2015 THE BARACK OBA FOUNDATION 46-4950751 Page
Part VIII Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11 b. See Form 990, Part X, line 12.
(a) 0escIipon of security or category (including name of security) I I
(b) Book value (c) Method of valuation: Cost orendofyear market value
(1) Financial derivatives
(2) Closely-held equity interests
(3) Other

cot. 0 line

Complete if the organization answered "Yes" on Form 990, Part IV, line lie or 1 if. See Form 990, Part X, line 25.
1.
Federal income taxes

Total. (Column (b) must equal Form 990, Part X, col. (B) line 25.) ............... I I
2. Uability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the
organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here If the text of the footnote has been piovided in Part )(111
Schedule D (Form 990) 2015

532053
og-21-15
27
08190512 787226 464950751 2015.03030 THE BARACK OBMIA. FOUNDATION 46495071
Schedule D(Form gOO)2015 THE BARACK OE,XA FOUNDATION 46-4950751 Page
I Part Xl I Reconciliation of Revenue per Audited Financial Statements With Revenue per Return.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a. -
I Total revenue, gains, and other support per audited financial statements .......................................................... 1 21072596.
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments ....................................................... 2a
b Donated services and use of facilities 2b 156,330.
c Recoveries of prior year grants .................................. 2c
d Other (Describe in Part XIII.) ............................................................................. 2d
eAdd lines 2a through 2d ............................................................................................................................... 2e 156,330.
3 Subtract line 2e from line l 3 1,916,266.
4 Amounts Included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b ........................ 4a
b Other (Describe in Part XIII.) ........................................................................ 4b
C Add lines 4a and 4b 4c 0.
5 Total rvpnijp Arid Im ps 3 and 4c. (This must eaual Form 990. Part I. line 12.) 5 1 1.916.266.
Part XII I Heconciliation of Expenses per Audited Financial Statements With Expenses per He
Complete if the organization answered "Yes" on Form 990, Part IV, line 12a. -
1 Total expenses and losses per audited financial statements ........................................................................... 2,977,238.
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities 2a 156, 330.
b Prior year adjustments .2b
c Other losses 2c
d Other (Describe in Part XIII.) ............................................................................... 2d
e Add lines 2a through 2d ............................................... 156, 330.
3 Subtract line 2e from line 1 3 282O, 908.
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b ................. 4a
b Other (Describe in Part XIII.) .................................................................... 4b
c Add lines 4a and 4b4c 0.
Total exoenses. Add lines 3 and 4c. (This must eaual Form 990 Part I. line 18.) ................................................. 5

Provide the descriptions required for Part II, lines 3, 5, and 9; Part Ill, lines 1 a and 4; Part IV, lines lb and 2b; Part V, line 4; Part X, line 2; Part XI,
lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

532054
00-21-15 Schedule D (Form 990) 2015
28
08190512 787226 464950751 2015.03030 THE BARACK OBANA FOUNDATION 46495071
SCHEDULE J Compensation Information OMB No. 1545-0047

(Form 990) For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
Department of the Treasury 110- to Form 990. Open to Public
Internal Revenue Service Inspection
itlflcation number

THE BARACK OBAItA FOUNDATION 46-4950751

la Check the appropriate box(es) if the organization provided any of the following to or for a person listed on Form 990,
Part Vii, Section A, tine la. Complete Part Ill to provide any relevant information regarding these items.
El First-class or charter travel El Housing allowance or residence for personal use
El Travel for companions Payments for business use of personal residence
El Tax indemnification and gross-up payments LJ Health or social club dues or initiation fees
Discretionary spending account El Persona! services (e.g., maid, chauffeur, chef)
b If any of the boxes on line la are checked, did the organization follow a written policy regarding payment or
reimbursement or provision of all of the expenses described above? If 'No," complete Part III to explain lb
2 Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all directors,
trustees, and officers, including the CEO/Executive Director, regarding the items checked in tine 1 a? ....................... 2 IX

3 Indicate which, if any, of the following the filing organization used to establish the compensation of the organization's
CEO/Executive Director. Check all that apply. Do not check any boxes for methods used by a related organization to
establish compensation of the CEO/Executive Director, but explain in Part III.
El Compensation committee 0 Written employment contract
ED Independent compensation consultant El Compensation surveyor study
LJ Form 990 of other organizations Ei1 Approval by the board or compensation committee
4 During the year, did any person listed on Form 990, Part VII, Section A, line la, with respect to the filing
organization or a related organization:
a Receive a severance payment or change-of-control payment? 4a X

b Participate in, or receive payment from, a supplemental nonqualified retirement plan? ................................... 4b X

c Participate in, or receive payment from, an equity-based compensation arrangement? ......................... 4c
If 'Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only section 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5 For persons listed on Form 990, Part VII, Section A, line la, did the organization pay or accrue any compensation
contingent on the revenues of:

illIII
a The organization?
b Any related organization?
If 'Yes" to line 5a or 5b, describe in Part III.
6 For persons listed on Form 990, Part VII, Section A, line la, did the organization pay or accrue any compensation
contingent on the net earnings of:
a The organization?
b Any related organization?
If "Yes' on line 6a or 6b, describe in Part Ill.
7 For persons listed on Form 990, Part VII, Section A, line la, did the organization provide any non-fixed payments
not described on lines 5 and 6? If "Yes," describe in Part III ..................................................................................................
8 Were any amounts reported on Form 990, Part VII, paid or accrued pursuant to a contract that was subject to the
initial contract exception described in Regulations section 53.49584(a)(3)? If 'Yes,' describe in Part Ill
9 If "Yes' to line 8, did the organization also follow the rebuttable presumption procedure described in
.............................. I.'
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule J (Form 990)2015

532111
10-14-15
29
08190512 787226 464950751 2015.03030 THE BARACK OBAHA FOUNDATION 46495071

THE BARACK OBMfA FOUNDATION 46-4950751
and Highest Compensated Employees, Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (1) and from related organizations, described in the instructions, on row (i.
Do not list any individuals that are not listed on Form 990, Part VII.
Note: The sum of columns (B)(i)-fii for each listed individual must equal the total amount of Form 990, Part VII, Section A, line la, applicable column (D) and (E) amounts for that individual.

532112 Schedule J (Form 990) 2015
10-14-15 30

THE BARACK OBAMA FOUNDATION 46-4950751
Information
Provide the information, explanation, or descriptions required for Part I, lines 1 a, 1 b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

PART I, LINE 3:

THE BOARD OF DIRECTORS USES COMPARABILITY DATA TO REVIEW AND APPROVE THE

COMPENSATION OF THE EXECUTIVE DIRECTOR ON AN ANNUAL BASIS.

Schedule J (Form 990) 2015
532113
10-14-15 31
OMB No. 1545-0047
SCHEDULE 0 Supplemental Information to Form 990 or 990-EZ
(Form 990 or 990-EZ) Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Department of the Treasury Attach to Form 990 or 990-El Open to Public
kitomal Revenue Service

Name of the organization Employer identification number
THE BARACK OBM!A FOUNDATION 45-4950751

990 PART III LINE 1

THE BARACK OBANA FOUNDATION (THE "FOUNDATION") Is A NONPROFIT

FOUNDATION WHICH WAS ESTABLISHED TO PLAN AND DEVELOP A PRESIDENTIAL

CENTER TO ENGAGE IN ACTIVITIES REFLECTING PRESIDENT OBA14AS AND THE

FIRST LADY'S VALUES AND PRIORITIES THROUGHOUT HIS CAREER IN PUBLIC

SERVICE; EXPANDING ECONOMIC OPPORTUNITY, INSPIRING AN ETHIC OF AMERICAN

CITIZENSHIP, AND PROMOTING PEACE, JUSTICE AND DIGNITY THROUGHOUT THE

WORLD, THE FOUNDATION ENVISIONS A PRESIDENTIAL CENTER THAT, THROUGH

ITS MISSION, INITIATIVES, AND PHYSICAL AND VIRTUAL PRESENCE. ADVANCES

AND INTERPRETS THE THEMES OF CIVIC ENGAGEMENT, GLOBAL PERSPECTIVE,

HEALTH AND WELLNESS, ENVIRONMENTAL STEWARDSHIP, PUBLIC EDUCATION, A

SPIRIT OF INNOVATION. AND WILL BECOME AN ANCHOR FOR ECONOMIC

DEVELOPMENT AND CULTIVATE A STRONG RELATIONSHIP WITH THE CENTER'S

SURROUNDING COMMUNITY.

THE PRESIDENTIAL CENTER WILL HOUSE THE PRESIDENTIAL LIBRARY, AS WELL AS

A MUSEUM AND A BROADER CAMPUS. THE PRESIDENTIAL LIBRARY WILL BE

CREATED UNDER THE PRESIDENTIAL LIBRARIES ACT OF 1955 AND NATIONAL

ARCHIVES AND RECORDS ADMINISTRATION (NARA) GUIDELINES. THE FOUNDATION

ANTICIPATES NEGOTIATING A JOINT USE AGREEMENT WITH NARA REGARDING THE

OPERATION OF A PORTION OF THE PRESIDENTIAL CENTER.

FORM 990, PART VI, SECTION B, LINE 11:

THE 990 IS PROVIDED TO AND REVIEWED BY THE FOUNDATIONS BOARD MEMBERS

BEFORE FILING.

LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule 0 (Form 990 or 990-EZ) (2015)
532211
09-02-15

32
08190512 787226 464950751 2015.03030 THE BARACK OB.AMA FOUNDATION 46495071
Name of the organization Employer identification number
THE BARACK OBA14A FOUNDATION 1 46-4950751

FORM 990, PART VI, SECTION B, LINE 12C:

THE FOUNDATION REQUIRES ALL DIRECTORS TO REVIEW AND SIGN A CONFLICT OF

INTEREST DISCLOSURE STATEMENT ON AN ANNUAL BASIS. THE FOUNDATION'S LEGAL

COUNSEL REVIEWS THE DISCLOSURES AND WORKS WITH THE BOARD OF DIRECTORS TO

RESOLVE ANY DISCLOSED CONFLICTS.

FORM 990, PART VI, SECTION B, LINE 15A:

THE BOARD OF DIRECTORS USES COMPARABILITY DATA TO REVIEW AND APPROVE THE

COMPENSATION OF THE EXECUTIVE DIRECTOR ON AN ANNUAL BASIS,

FORM 990, PART VI, LINE 17, LIST OF STATES RECEIVING COPY OF FORM 990:

AL,AK,AR,CA,CO,CT,DC,FL,GA,HI,IL,KS,KY,LA,NE,ND,MA,MI,MN,MS,NH,NJ,NN,NY,NC

ND,OH2OK,OR,PA,RI,SC,TN,UP,VA,WA,WV,WI

FORM 990, PART VI, SECTION C, LINE 18:

THE FOUNDATION MAKES ITS EXEMPT STATUS APPLICATION AND FORM 990 AVAILABLE

FOR PUBLIC INSPECTION UPON WRITTEN REQUEST. THE FOUNDATIONS FORM 990 IS

ALSO AVAILABLE ON THE FOUNDATION'S WEBSITE AND GUIDESTARS WEBSITE.

FORM 990, PART VI, SECTION C, LINE 19:

THE FOUNDATION MARES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST

POLICY AVAILABLE UPON WRITTEN REQUEST. THE FOUNDATIONS AUDITED FINANCIAL

STATEMENTS ARE AVAILABLE ON THE FOUNDATIONS WEBSITE.

FORM 990, PART IX, LINE hG, OTHER FEES:

HR CONSULTANT;

PROGRAM SERVICE EXPENSES 0.

MANAGEMENT AND GENERAL EXPENSES 2,500.
532212 09-02-15 Schedule 0 (Form 990 or 990.EZ) (2015)
33
08190512 787226 464950751 2015.03030 THE BARACK OBAMA. FOUNDATION 46495071
Name of the organization Employer identification number
THE BARACK OBANA FOUNDATION 1 46-4950751

FUNDRAISING EXPENSES 0.

TOTAL EXPENSES 2,500.

RECRUITING FEES:

PROGRAM SERVICE EXPENSES 0.

MANAGEMENT AND GENERAL EXPENSES 61,833,

FUNDRAISING EXPENSES 0,

TOTAL EXPENSES 61,833.

PROGRAMMING CONSULTANTS:

PROGRAM SERVICE EXPENSES 500,000.

MANAGEMENT AND GENERAL EXPENSES 0.

FUNDRAISING EXPENSES 0.

TOTAL EXPENSES 500,000.

OTHER:

PROGRAM SERVICE EXPENSES 35,132.

MANAGEMENT AND GENERAL EXPENSES 7,991.

FUNDRAISING EXPENSES 744.

TOTAL EXPENSES 43,867.

REAL ESTATE CONSULTANTS:

PROGRAM SERVICE EXPENSES 65,000.

MANAGEMENT AND GENERAL EXPENSES 0.

FUNDRAISING EXPENSES 0.

TOTAL EXPENSES 65,000.

ACADEMIC CONSULTANT:
532212 09-02-15 Schedule 0 (Form 990 or 990-EZ) (2015)
34
08190512 787226 464950751 2015.03030 THE B.ARACK OBAHA FOUNDATION 46495071
Schedule 0 (Form 990 or

Name of the organization Employer identification number

THE BARACK OBM4A FOUNDATION 46-4950751

PROGRAM SERVICE EXPENSES 10250.

MANAGEMENT AND GENERAL EXPENSES 0.

FUNDRAISING EXPENSES 0.

TOTAL EXPENSES 10,250

TOTAL OTHER FEES ON FORM 990, PART IX, LINE hG, COL A 683,450.

532212 09-02-15 Schedule 0 (Form 990 or 990-EZ) (2015)
35
08190512 787226 464950751 2015.03030 THE B.ARACK OBAMA FOUNDATION 46495071

2015 DEPRECIATION AND AMORTIZATION REPORT
FORM 990 PAGE 10 990

Asset Date u. Unadjusted Bus % Reduction In Basis For Accumulated Current
No. Description Acquired Method Lire No. Current Year
Cost Or Basis ExcI Basis Depreciation Depreciation Sec 179 Deduction
1ACHINERY &
EQUIPMENT
OMPUTER 82214 SL 3.00 16 2,118. 2,118. 254. 706.

OMPUTER 09121 L 3.00 16 2,136. 2,136. 214. 712.

OMPU'PER )912L4 1L 3.00 16 2,136. 2,136. 214. 712.

OMPUTER 09151L 3.00 16 2,407. 2,407. 234. 803.

OPUTER 112014SL 3.00 16 1,637. 1,637. 75. 546.

OMPUTER 08031L 3.00 16 1,024. 1,024. 142.

OMPUTER 080315 SL 3.00 16 1,519. 1,519. 211.

OMPUTER 10121E9L 3.00 16 1,156. 1,156. 80.
* 990 PAGE 10 TOM
MACHINERY & EQUIPM 14,133. 0. 14,133. 991. 0. 3,912.

)THER.
EBSITE 012815SL 3.00 16 33,500. 33,500. 10,236.
* 990 PAGE 10 TOTAl
OTHER 33,300, 0. 33,500. 0. 0. 10,236.
* GRAND TOTAL 990
?AGE 10 DEPR 47,633. 0. 47,633. 991. 0. 14,148.

CURRENT ACTIVITY
BEGINNING BALANCE 10,434. 0. 10,434. 991.

ACQUISITIONS - - - 37,199. 0. 37,199. 0.
öos (D) - Asset disposed * ITC, Section 179, Salvage, Bonus, Commercial Revitalization Deduction
35.1

2015 DEPRECIATION AND AMORTIZATION REPORT
FORM 990 PAGE 10 990

Asset Date . Line Unadjusted Bus % Reduction In Basis For Accumulated Current Current Year
No. Description Acquired Method Life No. Cost Or Basis ExcI Basis Depreciation Depreciation Sec 179 Deduction

DISPOSITIONS 0. 0. 0. 0.

ENDING BALANCE 47,633. 0. 47,633. 991.

526102
04-01-15 (D) - Asset disposed * ITC, Section 179, Salvage, Bonus, Commercial Revitalization Deduction

35.2
DOUBLE S
WASHINGTON, PITTMAN & McKEEVER, LLC
CERTIFIED PUBLIC ACCOUNTANTS AND
MANAGEMENT CONSULTANTS
819 South Wabash Avenue Ph. (312) 786-0330
Suite 600 Fax (312) 786-0323
Chicago. Illinois 60605-2184 www.wpmck.com

THE BARACK OBAMA FOUNDATION
(A DISTRICT OF COLUMBIA NOT-FOR-PROFIT CORPORATION)
FINANCIAL STATEMENTS
DECEMBER 31. 2015
THE BARACK OBAMA FOUNDATION
(A DISTRICT OF COLUMBIA NOT-FOR-PROFIT CORPORATION)
FINANCIAL STATEMENTS
DECEMBER 31, 2015

TABLE OF CONTENTS

PAGE

Independent Auditor's Report 3-4
Statement of Financial Position 5

Statement of Activities 6

Statement of Cash Flows 7

Notes to the Financial Statements 8-11
Supplemental Information
Schedule of Functional Expenses 2015 13
WASHINGTON, PITTMAN & McKEE VER, LLC
CERTIFIED PUBLIC ACCOUNTANTS AND
MANAGEMENT CONSULTANTS
819 South Wabash Avenue Ph. (312) 786-0330
Suite 600 Fax (312) 786-0323
Chicago. Illinois 60605-2184 www.wpmck.com

INDEPENDENT AUDITOR'S REPORT

To the Board of Directors of
The Barack Obama Foundation

We have audited the accompanying financial statements of The Barack Obama Foundation, (a
District of Columbia Not-for-Profit Corporation), which comprise the statement of financial position
as of December 31, 2015, and the related statements of activities and cash flows for the year then
ended, and the related notes to the financial statements.

Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with accounting principles generally accepted in the United States of America; this
includes the design, implementation, and maintenance of internal control relevant to the preparation
and fair presentation of financial statements that are free from material misstatements, whether due to
fraud or error.

Auditor's Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We
conducted our audit in accordance with auditing standards generally accepted in the United States of
America. Those standards require that we plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures
in the financial statements. The procedures selected depend on the auditor's judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or
error. In making those risk assessments, the auditor considers internal control relevant to the entity's
preparation and fair presentation of the financial statements in order to design audit procedures that
are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also
includes evaluating the appropriateness of the accounting principles used and the reasonableness of
significant accounting estimates made by management, as well as evaluating the overall presentation
of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis
for our audit opinion.

Opinion
In our opinion, the financial statements referred to above present fairly, in all material respects, the
financial position of The Barack Obama Foundation as of December 31, 2015, and the changes in its
net assets and its cash flows for the year then ended in accordance with accounting principles
generally accepted in the United States of America.

Other Matter

Our audit was conducted for the purpose of forming an opinion on the financial statements as a
whole. The schedule of functional expenses on page 13 is presented for purposes of additional
analysis and is not a required part of the financial statements. Such information is the responsibility of
management and was derived from and relates directly to the underlying accounting and other records
used to prepare the financial statements. The information has been subjected to the auditing
procedures applied in the audit of the financial statements and certain additional procedures,
including comparing and reconciling such information directly to the underlying accounting and other
records used to prepare the financial statements or to the financial statements themselves, and other
additional procedures in accordance with auditing standards generally accepted in the United States of
America. In our opinion, the information is fairly stated, in all material respects, in relation to the
financial statements as a whole.
tt /<'e4XA., UC-
WASHINtTON, PITTMAN & McKEEVER, LLC
Chicago, Illinois
May 11, 2016

4
THE BARACK OBAMA FOUNDATION
(A DISTRICT OF COLUMBIA NOT-FOR-PROFIT CORPORATION)

STATEMENT OF FINANCIAL POSITION
AS OF DECEMBER 31, 2015

ASSETS
Current Assets
Cash $ 2,348,817
Pledges receivable - current 340,557
Prepaid expenses 7,497
Total Current Assets 2,696,871
Fixed Assets (net) 32,494
Other Assets
Pre-Development costs 1,261,208

TOTAL ASSETS $ 3,990,573

LIABILITIES AND NET ASSETS
Current Liabilities
Accounts payable $ 1,116,669
Accrued payroll 295,923
Total Current Liabilities 1,412,592
Net Assets
Unrestricted 2,244,648
Temporarily restricted 333,333

Total Net Assets 2,577,981

TOTAL LIABILITIES AND NET ASSETS $ 3,990,573

The accompanying Notes are an integral part of these financial statements.
5

THE BARACK OBAMA FOUNDATION
(A DISTRICT OF COLUMBIA NOT-FOR-PROFIT CORPORATION)
STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED DECEMBER 31, 2015

Temporarily Permanently
Unrestricted Restricted Restricted Total
Revenue
Contributions $ 1,906,318 $ 9,929 $ - $ 1,916,247
Contributions - in-kind 156,330 - - 156,330
Interest and dividends 19 - - 19
Net assets released from restrictions 333,333 (333,333) - -
Total Revenue 2,396,000 (323,404) - 2,072,596

Expenses
Program costs 2,148,494 - - 2,148,494
Fundraising 98,373 - - 98,373
General and administrative 730,371 - - 730,371
Total Expenses 2,977,238 - - 2,977,238

Change in Net Assets (581,238) (323,404) - (904,642)
Net Assets - Beginning of Year 2,825,886 656,737 - 3,482,623

Net Assets - End of Year $ 2,244,648 $ 333,333 $ - $ 2,577,981

The accompanying Notes are an integral part of these financial statements.
6
THE BARACK OBAMA FOUNDATION
(A DISTRICT OF COLUMBIA NOT-FOR-PROFIT CORPORATION)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 2015

CASH FLOWS FROM OPERATING ACTIVITIES
Decrease in net assets $ (904,642)
Adjustments to reconcile change in net assets to net cash provided by
operating activities:
Depreciation 14,148
(Increase) Decrease in:
Pledges receivable 316,180
Other assets (325)
Increase (Decrease) in:
Accounts payable 939,494
Accrued payroll 284,882
Net Cash Provided by Operating Activities 649,737

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of investments 30,000
Pre-Development costs (1,261,208)
Purchase of fixed assets (12,074)
Net Cash (Used) By Investing Activities (1,243,282)
(Decrease) in Cash (593,545)
Cash, Beginning of Year 2,942,362

CASH, END OF YEAR $ 2,348,817

The accompanying Notes are an integral part of these financial statements.
7
THE BARACK OBAMA FOUNDATION
(A DISTRICT OF COLUMBIA NOT-FOR-PROFIT CORPORATION)
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 2015

NOTE 1 - NATURE OF ACTIVITIES AND SIGNIFICANT ACCOUNTING POLICIES
Nature of Activities
The Barack Obama Foundation ("the Foundation") is a nonprofit foundation which was established to plan
and develop a Presidential Center to engage in activities reflecting President Obama's and the First Lady's
values and priorities throughout his career in public service: expanding economic opportunity, inspiring an
ethic of American citizenship, and promoting peace, justice and dignity throughout the world. The
Foundation envisions a Presidential Center that, through its mission, initiatives, and physical and virtual
presence, advances and interprets the themes of civic engagement, global perspective, health and wellness,
environmental stewardship, public education, a spirit of innovation, and will become an anchor for economic
development and cultivate a strong relationship with the Center's surrounding community.
The Presidential Center will house the Presidential Library, as well as a museum and a broader campus. The
Presidential Library will be created under the Presidential Libraries Act of 1955 and National Archives and
Records Administration (NARA) guidelines. The Foundation anticipates negotiating a joint use agreement
with NARA regarding the operation of a portion of the Presidential Center.

Basis of Accounting
The accounts of the Foundation are maintained, and the financial statements prepared, on the accrual basis of
accounting. Accordingly, revenues are recognized when earned, and expenses are recognized when incurred.
Basis of Presentation
The financial statements are prepared in conformity with accounting principles applicable to nonprofit
foundations. For financial reporting purposes, net assets and revenue are classified on the basis of the
existence or absence of donor-imposed restrictions, as follows:
Unrestricted net assets: Net assets not subject to donor-imposed stipulations over which the Foundation's
Board of Directors has discretionary control.
Temporarily restricted net assets: Net assets subject to donor-imposed restrictions that can be fulfilled by
the actions of the Foundation pursuant to those stipulations that expire by the passage of time. The
Foundation's unspent contributions are reported in this class if the donor limited their use, as are promised
contributions that are not yet due.
Permanently restricted net assets: Net assets subject to donor-imposed restrictions that are maintained
permanently by the Foundation.
Pledges Receivable
Unconditional pledges to contribute to the Foundation which are expected to be collected within one year are
recorded at net realized value. Unconditional pledges expected to be collected beyond one year are adjusted
to net present value by discounting future cash flows. Management believes that no allowance for
uncollectibility is necessary.
THE BARACK OBAMA FOUNDATION
LA DISTRICT OF COLUMBIA NOT-FOR-PROFIT CORPORATION)
NOTES TO THE FINANCIAL STATEMENTS
(Continued)
DECEMBER 31, 2015

NOTE 1— NATURE OF ACTIVITIES AND SIGNIFICANT ACCOUNTING POLICIES (Continued)
Revenue Recognition
The Foundation accounts for contributions in accordance with FASB Guidance concerning Accounting for
Contributions Received and Contributions Made. Contributions are recorded when cash is received or a
pledge is received and are recorded as unrestricted, temporarily restricted or permanently restricted depending
on the nature of any donor restrictions. Unconditional promises to give (in writing) with payments due in
future periods are reported as temporarily or permanently restricted support unless explicit donor stipulations
or circumstances surrounding the receipt of the promise make clear that the donor intended them to be used to
support activities of the current period.
A donor-restricted contribution is reported as an increase in temporarily or permanently restricted net assets,
depending on the nature of the restriction. When a restriction expires (such as when a time restriction ends or
purpose restriction is satisfied), temporarily net assets are reclassified to unrestricted net assets and are
reported in the statement of activities as net assets released from restriction.
Donated services are recorded as revenue and expenditures when they meet the criteria for recognition in the
financial statements.
Fixed Assets
Fixed assets are recorded at cost, if purchased, or fair value at the date of donation. Depreciation is calculated
on the straight-line method designed to amortize the cost of the depreciable assets over their estimated useful
lives, which ranges from 3-7 years for equipment and and 3 years for website.
Pre-Development Costs
Expenses directly and indirectly related to holding and developing the Presidential Center will be capitalized
in accordance with generally accepted accounting principles (GAAP).
Use of Estimates
In preparing financial statements in conformity with accounting principles generally accepted in the United
States of America, management makes estimates and assumptions affecting the reported amounts of assets and
liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, as well as
the reported amounts of revenue and expenses during the reporting period. Actual results could differ from
those estimates.
Income Taxes
The Foundation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code
and applicable tate law. Accordingly, no provision for such taxes has been recognized in these financial
statements.
The accounting standard on accounting for uncertainty in income taxes addresses the determination of
whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial
statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position
only if it is more likely than not that the tax position will be sustained on examination by taxing authorities,
based on the technical merits of the position.
Examples of tax positions include the tax-exempt status of the Foundation and various positions related to the
potential sources of unrelated business taxable income (UBTI). The tax benefits recognized in the financial
statements from such a position are measured based on the largest benefit that has a greater than 50 percent
likelihood of being realized upon ultimate settlement. At December 31, 2015, there was no unrecognized tax
benefits identified or recorded as liabilities.
THE BARACK OBAMA FOUNDATION
(A DISTRICT OF COLUMBIA NOT-FOR-PROFIT CORPORATION)
NOTES TO THE FINANCIAL STATEMENTS
(Continued)
DECEMBER 31, 2015

NOTE 1 - NATURE OF ACTIVITIES AND SIGNIFICANT ACCOUNTING POLICIES (Continued)
Fair Value of Financial Instruments
FASB Guidance, Fair Value Measurement Overall Disclosure, requires the Foundation to disclose estimated
fair values for its financial instruments. Fair value estimates, methods, and assumptions are set forth below for
the Foundation's financial instruments.
The carrying value of cash, investments, receivables, other assets approximate fair value due to the short
maturity of these instruments.
Functional Allocation of Expenses
The costs of providing the various programs and other activities have been summarized on a functional basis,
in the statement of functional expenses. Expenses that can be identified with a specific program or support
service are allocated directly according to their natural expense classification. Other expenses that are
common to several functions are allocated based on time and other methods.

NOTE 2- CONCENTRATIONS OF CREDIT RISK
Financial instruments that potentially subject the Foundation to concentrations of credit risk consist
principally of cash accounts in financial institutions. Cash that exceeded federally insure limits totaled
$2,119,555 at December 31, 2015.

NOTE 3— FIXED ASSETS
Fixed assets consist of the following as of December 31,2015

Computer Equipment $ 14,133
Website 33,500
Sub-Total 47,633
Accumulated depreciation (15,139)
NET FIXED ASSETS $ 32,494

Depreciation expense for the year ended December 31, 2015 was $14,148.

NOTE 4- PRE-DEVELOPMENT COSTS
The Foundation has incurred a total of $1,261,208 toward the development of the Presidential Center as of
December 31, 2015. These costs relate to direct and indirect expenses associated with the site selection,
surveys, feasibility studies and other costs.

NOTE 5— TEMPORARILY RESTRICTED NET ASSETS
The Foundation's temporarily restricted net assets at December 31, 2015 are time restricted.

10
THE BARACK OBAMA FOUNDATION
(A DISTRICT OF COLUMBIA NOT-FOR-PROFIT CORPORATION)
NOTES TO THE FINANCIAL STATEMENTS
(Continued)
DECEMBER 31,2015

NOTE 6— RELATED PARTY TRANSACTIONS
The Foundation received in-kind contributions of services valued at $31,330 for the year ended December 31,
2015. In 2015, contributed services were for professional services provided for site due diligence, architect
selection process and trademark protection. Donated office space estimated at $125,000 was provided by a
firm affiliated with a Board Member for the year ended December 31, 2015.

In addition, a Board Member of the Foundation also sits on the board of one of the vendors used during the
year.

NOTE 7- SUBSEQUENT EVENTS
The Foundation has evaluated subsequent events for potential recognition and/or disclosure through May 11,
2016, the date the financial statements were approved and available to be issued.

11
SUPPLEMENTAL INFORMATION

THE BARACK OBAMA FOUNDATION
(A DISTRICT OF COLUMBIA NOT-FOR-PROFIT CORPORATION)
SCHEDULE OF FUNCTIONAL EXPENSES
FOR THE YEAR ENDED DECEMBER 31, 2015

Management
& Program Fundraising General Total
$
$ 725,489
Salaries and benefits $ 38,010 347,632 $ 1,111,131
Fundraising - 12,000 - 12,000
Communications 489,642 140,991 630,633
Professional and consulting 796,154 29,404 149,291 974,849
Printing and copying 273 273
Office expenses 5,401 11,466 18,073 34,940
Travel 49,077 139 13,340 62,556
4 7,983
Occupancy costs 69,850 7,167 125,000
Insurance 11,708 11.708
Total Before Depreciation 2,135,613 98,186 729,291 2,963,090

Depreciation 12,881 187 1,080 14,148

TOTAL EXPENSES $ 2,148,494 $ 98,373 $ 730,371 $ 2,977,238

13
The Barack Obama Foundation List of Directors and Officers
300 East Randolph St, Suite 4030
Chicago, IL 60601
312.626.1135

1. Martin H. Nesbitt, Director/Chairman
300 East Randolph St, Suite 4030
Chicago, IL 60601

2. J. Kevin Poorman, Director/President
300 N. LaSalle Street, Suite 1500
Chicago, IL 60654

3. David Plouffe, Director/Vice President/Secretary
1455 Market Street
4th Floor
San Francisco, CA 94103

4. Maya Soetoro-Ng, Director
1949 Naniu Place, Apt. p2201
Honolulu, HI 96822

5. Julianna Smoot, Director
818 Connecticut Ave. NW
Suite 200
Washington, DC 20006

5. Robbin Cohen, Vice President/Treasurer
300 East Randolph St, Suite 4030
Chicago, IL 60601
Yi
0