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  • Obamas pledge $1 million for Obama Foundation, Nike to give $5 million for athletic facility

    Obamas pledge $1 million for Obama Foundation, Nike to give $5 million for athletic facility

    Former President Barack Obama and former First Lady Michelle, whose various post presidency activities have proved lucrative, pledged to donate at least $1 million to their Obama Foundation, according to contribution disclosures posted on Wednesday.

    H/T: Chicago Sun-Times

    According to its annual report, the Obama Foundation raised about $233 million in 2017 and about $165 million in 2018 from private donor contributions. That's close to $400 million over two years and the totals for 2019 haven't even been released yet. Not bad!

    Not to be outdone, the Nike Foundation said “just do it” with their $5 million gift to help pay for construction of the planned athletic and recreational facility that will be built on the foundation's campus.

    “When President Obama’s Presidential Center opens its doors, it will be the first to include a public athletic facility — made possible in part by a $5 million contribution from the Nike Foundation,” said Jorge Casimiro, the president of the Nike Foundation.

    And in even more good news for the Obamas, Variety reports “The first film released by Barack and Michelle Obama's production company earned Netflix a best documentary nomination Monday.” Shocker. Who didn't see this coming?

    For those curious about their Oscar-worthy work, watch the American Factory trailer below. “Cultures collide. Hope survives. When a Chinese billionaire re-opens a factory and hires two thousand blue-collar Americans, early days of hope and optimism give way to setbacks as high-tech China clashes with working-class America.”

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