Barack Obama Foundation Irs Form 990 2015

G 11>1-1

IS

b

7

zo1S

2

Pt{;

Fonn990

Return

of

Organization

Exempt

From Income

Tax

Under

section

501(cl,

527,

..-

4947(all1l

of

the

Internal

Revenue

Code

(except

private foundations)

Department

ct

ho

Treuury

ti:,~

Ravanua"ScmCO

...

Do not

enter

social

security numbers

on

this

form

as

It

may

be

made.public.

t-->l '=::'r.,-.ll:-:l:iii=--

lnformatlon about Form

990 and

Its

Instructions.ls

at

www.lrs.

vlfonn990.

A

For

the

2015 calendar year

or

tax

year

beginning

'

and

ending

B

Chacklt

-

C Name

of

organization

D

Employer

identification

number

ILi

.......

-

THE

BARACK

OB M

FOUNDATION

o-·

--

Doinn

business

as

46-4950751

omi11a1

Number and street (or

P.O.

box

if

mail is

not

delivered

to

street

address)

kRoom/suite

E

Telephone

number

.

=

0""''

5235

SOUTH

H RPER

COURT

140

773.420.1700

ooUrn/

termin--

City

or town,

state

or province, country, and ZIP or forefgn

postal

code

1,916,266.

...

G

Gtoa:s

receipts

$

o-

CHICAGO,

IL

60615

H(a)

Is

this

a

group

return

·-

-·

F Name

and address

of

principal officer:ROBBIN

COHEN

for

subordinates?

•.••••

D

Yes

ILJNo

on

-

SAME

S

C

ABOVE

H(b)

he

an

subordinates

lncluded?D

Yes

No

I Tax-exemnt status:

I

X

I

501(c)(3).

I

J

501(cll

,~

(insen

no.J

I I

4947(a)(1)

or

I

1527

If

·No,• attach

a

list.

(see instructions)

J

Vil ebslte:

..

BARACROBAMAFOUNDATION.ORG

H cl

r.mun

exemotlon number

•

K

Form

of

oroanlzallon:

I x I

Corporation

I I Trust I

I

Association

I I

Other.,.

I L

Year

of

formation:

2014

I

M

State of lena, domicile:

nc

JPartlJ Summary·

Cl

1

Brieffy describe

the organization's

mission

or most

significant

activitiesi~~

rr

..

ffl

ITIAL

FOCUS

u

C

IS

THE DEVELOPMENT

OF THE

PRESIDENTIAL

CENTER.

I

._~

•

·~

nfl1C8

I

2

Check

~hfs

box

..

.LJ

if

the

organiµtfon

discontinued fts.operatfonS

O:r

dispcised

Qf

more

tt;lri

2So~

of its

net

assets.

3

,

Number.of

voting

member&

of

the

govemlng

booy

(Part

VI,

IJne

1a)

······OCl-.t-. t.

.

2016........................

3

7

s

7

...

4

Number

of

_independent

voting

mem'19rs

of

the·goveming

body (Part

VI,

line 1

b)

. .. .. • . . ............ .. ..•... ... .

l

5

Total

number

of

Individuals

eml loyed

in

calendar.

year

2015_(Part

V,

line2a),

'.~.9~W,-~stS-··'--·······--·····

5

6

To.tat

number

of

volunteers (es lmate

H

nece.s1"'ry)

...............................

-~. ~~~?

...........

,

............

,

...

,

.........

6

12

"'

7

a

Tpt'a:I

unr~ted

i?U§iness~~er,ue.frqm Pa~

VIJl, co~um.n

(9,}ine

12

7a

o.

................

.................•.......................

-.

b Net unrelated business taxable

income

from Form 990-T line

34

...................................................................

7b

o.

Prior

Year

Current

Year

Cl

8

Contributions

and

grants

(Part

VIII, line 1h)

·········•·····················································

s

.•

434 877. 1 916 247.

:,

C

9

~~gram

se_~~~

re_v8f ~~-

(P~_ylll,_~~

~g)

...............................................................

0.

o.

t

10

Investment income (Part

VIII,

column

(A),

Unes

3, 4,

and

7d)

.

.....................................

o.

19·.

a:

11

Other revenue (Part

VIII,

column

(A),

lines

5, 6d,

Sc, 9c, 10c, and 11

e)

........................

o.

12

Total

revenue·

add

lines

8,throuah

11 (must anual

Part-VIII

.column

l 6 \

line

1?\

.........

5 434 877~

1 916 266.

13

Grants and similar amounts paid (Part

IX,

column

(A),

lines

1

3)

.................................

0

o.

14

Benefits paid

to or for

members (Part

IX,

column

(A),

line

4)

.......................................

0.

o.

xi

15

Salaries, other compensation, employee benefits

(Part IX,

column

(A),

lines 5· 1

O)

.........

173 214. 1 111 131.

1

16a

Professional fund raising fees

(Part

IX,·

column

(A),

line

11 e>..

....................

a

..................

466 19_4.

12 000

"

...

91 206.

11-

b

Total tundraising expenses (Part

IX,

column

(0),

line 25)

w

17

Other

expenses (Part

IX,

column

(A),

lines 11a-11d, 11f-24e)

1,312,846.

1 697 777

.......................................

18

Total expenses.

Add

lines 13-17 (must equal

Part IX,

column

(A),

line

25) .....................

1 952

.254.

2 820 908.

19

Revenue less

Avnenses.

Subtract

line

18

from line

12

···············•·····························•··

3,482,623.

904.642.

:52:,

Beginning

of

Current

Vear

End

of

Year

mi

2

Total assets

(Part

X,

tine

16)

3

.670

•.

839.

3 990 573.

·~

....................................................................................

21

Total

liabillties (Part

X,

line

26)

.................................................................................

188 216. 1 412 592.

c

22

Net

assets or fund balances.

Subtract

line

21

from line

20

..........................................

3,482,623.

2 517 981.

1

Part

II I

Signature

D1 CK

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,

1t 1s

true

correc~ and

complete. Declaration of preparer (other than

off CBT)

is

based

on

an

Information of which preparer has

any

knowledge.

Sign

.:,1gnalU,I

e

o,

omcer

u•~

Here

ROBBIN

COHEN_,

EXECUTIVE DIRECTOR

I

ype or pnnl name ana

l1De

PrinVType

preparer s name

I

reparer s signature

I

a1e

I' '

LJ

k

rou

Paid

~

.......

n1011M

_00692224

Preparer

Firm s name

.._

WASHINGTON ,

PITTMAN

AND

MCKEEVER, LLC

Firm's

EIN

36-4189747

Use

Only

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)

IX

I

Yes

I

No

..............................................................

532001

12-16-15

LHA

For

Paperwork Reduction

Act

Notice,

see

the

separate

Instructions.

Form

99

(2015)

'

DOUBLE

sw

.....

8879 EO

HRS

e-file

Signature

Authorization

for

an

Exempt

Organization

0MB

No.

16416-1871

FO

c:al9nckr

y_.

01$,

a,

flaeal

J CIII

baglnnlng ,

2016.

and

•ullng

,20

2015

l HS

BARACK

OBAKA

FOURDATION

Name and

llllaol

ofllcV

ROBDIR

comm

BZBCU l :IVB

DIRBCTCa

-----

..

Da not

aend

to

the

IA

Keep

tor~

aco,da.

out

8878-EO

and

lta atructlon9

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www.tnr.

f

Pai t

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Type

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Retum and

Rahim

lnionnatlon

(Whole

DoDan,

Only)

onaam

u- 9501Sl

Check

the

box

for

tha retum

for

whtch

you

are

ustng

this

Form 8879-EO

and

enter

the

appllcabla

amount,

H any, from

the

return.

tf you check

tha

box

on

ltne

1a.

2a,

3a,

48,

or

Sa.

below,

and

the

amount

on

that

tine

tor

the

return

being

flied

wNh

thla form

was

blank.

ffien leave

Dne

1b.

2b.

a

4b,

or

Sb.

whichever

la

applicable, blank

(do

not

enter

-0-).

But,

If

you

enterBd

..(J.

on the

rotum,

then

enter

-0-

on

the

appl cehle

Irle

below.

Donat

complete more

than

1

One

In

Pmt

I.

1a

Fonn990checkheru

.,.[i]

b

Tomlrevenua,R 1}'(FonnBBO,PartVlll,columnlA),llne12)

b

1,,10,2&•.

..................

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2a

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chock

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...

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b

Total..._

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890-EZ.

Una

8) .........•.....•....•..•.......••..•.....•

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38

Fann

1121l-POL

check hent

...

b TDIBI

ta•

(Fam, 1121l-POL,

llne

22)

•.

..•... ..• ....•....•..... .......• .•...•.• .

3b

40 Fann

990.PF

chock

ham

~

b

Tu

baaed

on

lnwatmen1

lnc:omo (Form 990-PF, PBl'I

VI,

line

5)

•.•.•.•..

4b

6a

Fom, 8868

chock h8N

...

D

b

Salanae Due

(Form BB68, Part I,

Una

3c

or

Pert

II,

line

Be) .......•.. •.....

......

8b

f

Part

ii

l

Declaration

and

signature

Authorization

or

Officer

Under

penalttea

of

perjury, I

declare

that

I

am

an officer

of

the

above organization

and

that

I have examined a

copy

of

the organtzatlon'a 2016 efectronlc

retum

end ecoompanyfng

schedules

end

atatomenta and

to

the

beat

of

my

knowledge and

beUef.

they

era true, cOffllCt,

and

complete. I fUrther Cleclan,

1hat

Che

amount

In

Part

I

above

Is

the

amount

shQWn

on

the copy

of

the

organization'&

elactronlc retum. I consent

to

allow

my

Intermediate

service

provider,

transmitter, or

atectrcnio

return

originator

(ERO)

to send

the organization's

retum to the

IRS

and to

rsoalve from

the

IRS

Cat

an

acknowledgement

of

receipt

or

reason tor

refeatlon

of

the

tranamls&lon,

(b)

the

reason

for any

delay In processing

the

return

or refund,

and

(c)

the date or

any

refund.

If

appDcable, I

authorize

the

U.S.

Treasury

and

Its

designated

Ananclal Agent

to

lntuate

an

etectronlc

funda

wlthdrawat (dtrect

debtt)

entry

to

the

ftnanclal

lnBtttutton

account

tndlcated

In

the tax

prepandfon

acttware

tor

payment

ct

the

organ(zatton'a federal taxes

owed

on

this

ratum,

and the

fnandal

Institution

to

debit

Iha

entry

to

this

BGt.OUnt.

To

ruvoke

a

payment,

I

must

contact

the

U.S. Treasury

Flnanclet

Agent

at

1-BBll-353-4537

no

later

than

2 bualnesa

daya

p,tarta

the

payment

(aettlamant) date. I elao autt,orlze

tho

flnanclal lnatltutlona

lnvolvad

In

tha

processing

of

the

electronic

payment

of

taxes

to

receive

confldmrtlol

lnformatton neceasary

to

anawar

lnqutrlea

and

resol\te Issues related

to

the

payment.

I

have selected

e

penwnal

ldentlflcatlon

numbs

(PIN)

as

my

signature

ror the

o,ganlzatlon'a etectronlc

return and,

If

applJcable,

tha

organization's consent

to

etectronlc

funds

wtthdrawel.

omcor-o

PIN:

chock one box only

[i]

I

authorize

WABHiti;QTOH.

PI'M'HAN

ARD KCKBBVBR

LLC

ERO

firm

aamo

to

enter

my

PINI

10000

I

Entar

n..,

numbm,

ba1

do

not

enter

O

mm

ea

my

signature

on the

organlzatlon'a

ta,c

year 2015 etactronlcatly flied return.

If

I have lndlcatad within

th &

return

that

a

copy

of

the

return

ls

being

filed

with

a

state

agoncy(les) regutatblg

chartUea

as part

of

the

IRS

Fed/State program, I

atao

authorize

the

aforementlonad

ERO

to

enter

my

on

Iha

retum'a

dlacloaure

GOnS8ffl

screen.

D

As

an officer or th8

organlzatlon.

I wlll

enter

my

BS

my

signature

on the

orgsnlmUon'&

tu

year

2015

electronicafly fifed

return.

If

I have

tndlcated

within

this return

that

a

copy

of

the

retum

Is

being

flied

wtth

a

atirta

agancy(les) regulating chartUea

as

part of

tha

IRS Fed/State

pn:,gram,

I

wlD

~·

isclosure consent screen.

Olllcer's

slgnalure

C>

/ IY

L

Dall

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t:;·

/ /

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/

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,

I

Part

iii

I

Cartiilcabon

end

AuUianticallon

ERO o

EFINIPIN.

Ente,-

your abl-dlgll electronic

flllng

ldantlfloatlon

numb.,.

(EFIN)

ol

by

you,

five-digit

eehalacted

PIN.

15071960000

do

aoi

enter

all

uroa

I

cmtlty

that the

above numertc

entry

Is

my

PIN,

whk:h

la

my

stgnature

on the

2015

electronlcally

flied

retum

for

the organization indicated above. I

confirm

that

I

am

submitting this

return

ln

accordance

with

the requirements

of

Pub.

4163, Modemtzed

e-FUe

(MeF) lntonnatfon

for

Authorized IRS

e-1119

Provldera

for

~J

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Unleoa

l'liaquooted Yo

Do

So

~1

For

PCJK)f'Welffl

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Ac;t

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coo

lnatruatlono.

10-1D-flli

Form

11879-EO

(2015)

17040510

787226 464950751 2015,03030

THE

BARACK

OBAMA

FOUNDATION

46495071

46-4950751

Pa

e2

Check if

Schedule O

contains

a response

or

note

to

any

line

in

this

Part Ill ..................................................................

_................ 1 Briefly

describe the organization s

mission:

SEE

SCHEDULE

0

Did

the· organization

undertake

any

significant program

services during

the

year which were

not

listed

on

Dves

[L No

he prior

Fonn

990 or

990-EZ?

...................................................................................................................................... If

·ves,

•

describe these

new

services on

Schedule

O

3

Did

the

organization cease

conducting, or make

significant

changes

in

how

it

conducts,

any

program services?

.............•...

If

·ves,

• 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.

4a

{Code: )

Expenses S 2 • 0

50

.-.8

01.

including

gants

of

) Rwenue

-----------

DEVELOPMENT

OF

THE

PRESIDENTIAL

CENTER.

4b

(Cod :

----

) e,,;ps,593

-----------

irlc:ludlng

grants

of

-----------

)

{Revenue -----------

c

Code

___

·

irlduding

grants

ct

-----------

) {Revenue S

__________

4d

Other program

services (Describe in

Schedule

0.)

including

grants:

of

S

(Revenue

)

4e

Total program service

expenses

Pi

2,050,801.

532002

12-16-15

08190512 787226

464950751

Form

99

(2015)

2

2015.03030

THE

BARACK

OBAMA

FOUNDATION

46495071

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