Obama Foundation
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | $3.0m | Grant | |
| Total Funding | 000k | ||
The Obama Foundation, accessible via obama.org, is a nonpartisan 501(c)(3) nonprofit organization dedicated to inspiring, empowering, and connecting people to make a positive impact on their communities and the world. The Foundation primarily serves individuals and communities who are passionate about social change and civic engagement. It operates in the nonprofit sector, focusing on educational and community-building initiatives.
The Obama Foundation's business model revolves around fundraising and donations. It generates revenue through various channels, including direct donations from individuals, corporate sponsorships, and the sale of merchandise through its online store. The Foundation also accepts donations of marketable securities, which can provide tax benefits to donors. These funds are used to support the Foundation's programs and initiatives, such as the development of the Obama Presidential Center, which will feature a world-class museum and public gathering spaces.
The Foundation's clients are diverse, ranging from individual donors and volunteers to educational institutions and community organizations. It engages with these clients through various programs, events, and online platforms to foster a sense of community and shared purpose.
In summary, the Obama Foundation is a nonprofit organization focused on empowering individuals and communities to drive social change. It operates through fundraising and donations, serving a wide range of clients who are committed to making a difference.
Keywords: nonprofit, social change, community, empowerment, fundraising, donations, education, civic engagement, Obama Presidential Center, merchandise.