Microsoft Obama Foundation donation tops $1 million – Consumer News

on Jul15

15 July 2017 | 6:46 pm

Exelon has donated at least $1 million to the Obama Foundation, according to fundraising records on the foundation’s website.

Another firm on the million-plus list: Microsoft.

The Chicago-based utility and the Redmond, Wash.-based tech giant join Chicago-area families and foundations that are also writing big checks to the foundation.

Here’s a look at plans for the Obama Presidential Center

Cari Sacks and Michael Sacks, chairman and CEO of Grosvenor Capital Management, are listed in the $1 million-plus category. He serves on the foundation board.

For a list of contributors, including a searchable database, click here.

Among local families that have given between $750,001 and $1 million:

• Retired media mogul Fred Eychaner;

• The Hauptman Family Foundation, established by Chicago Fire owner Andrew Hauptman;

• The Joyce Foundation.

Readmore:6thingswestilldon’tknowabouttheObamaFoundation

John Rogers Jr., who serves on the foundation board, and his daughter, Victoria, are listed in the $500,001-to-$750,000 category.

The Crown family has given between $250,001 and $500,000.

Dr. Anita Blanchard and Martin Nesbitt are listed in the $10,000 to $100,000 category; Nesbitt is board chair for the Obama Foundation.

Jeanne and John Kevin Poorman have given $10,000 to $100,000 through the JKP Family Foundation. John Kevin Poorman, the Obama Foundation’s board president, is CEO of Chicago-based PSP Capital Partners and Pritzker Realty Group.

Other notables on the donor list include “Star Wars: The Force Awakens” director J.J. Abrams (in the $100,001 to $250,000 range), with his wife and via their family foundation.

The Obama Foundation does not present a tally for funds raised, nor has it revealed how much it needs to collect to build the Obama Presidential Center, set to open in Jackson Park in 2021. Estimates range from $500 million to $1.5 billion. Jordan Kaplan, former Democratic National Committee finance director, is the foundation’s development director.

According to the website, the donations reflect cumulative giving levels as of June 30.

Morecoverage:

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