Obama Foundation executives earn lavish salaries as fundraising plummets, and it defaults on agreement with city

The cenotaph-like monument to Barack Obama being built on prime lakefront property that used to be a park in Chicago is running into financial problems.  But the top executives there are feeling no pain, earning salaries far higher than those at other presidential foundations.  Fundraising is down so much that the foundation appears to have defaulted on an agreement with the City of Chicago made as a condition of receiving acres of land in Jackson Park, originally designed by Frederick Law Olmstead, and repurposed as the site of the monument (which is not a presidential library under the control of the National Archives).

A substantial analysis of the salaries and finances of the Obama Foundation done by A.D. Quig of the Chicago Tribune reveals that the ten top executives there earn far more than their counterparts at other presidential foundations, and they top the pay levels at all but one of Chicago’s major cultural institutions.

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Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself. Veteran of a thousand psychic wars. I have seen the fnords. Deplatformed on Tumblr and Twitter.

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