#1 The Obama Library Foundation is a private entity, the "taxpayers" in Illinois and Chicago were intergral in the development plans and are providing infrastructure. The Foundation couldn't "shift" costs to Illinois/Chicago without their approval since legislation was passed to fund the infrastructure changes.
#2 Trump isn't "renovating" the White House. He raized an entire building to build is "beautiful ballroom" as a memorial to himself. However one catch, the LAW says that he can't do that without Congressional approval and Congress has not provided such approval.
#3 No cost to the taxpayers is BS, who do you think is going to maintain this? Are the donations going to support ongoing maintenance and operational costs?
WW
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Obama Center Endowment Falls Short, Risks Taxpayer Burden
In 2018, the Obama Foundation struck a deal with Chicago to secure 19.3 acres of Jackson Park, often likened to the city’s Central Park, for a mere $10 under a 99-year arrangement. This prime public land was handed over to build the Obama Presidential Center. One wonders if such generosity would...
Obama Center Endowment Falls Short, Risks Taxpayer Burden
By Aiden Sutton |September 27, 2025
Category: Policy
In 2018, the Obama Foundation struck a deal with Chicago to secure 19.3 acres of Jackson Park, often likened to the city’s Central Park, for a mere $10 under a 99-year arrangement. This prime public land was handed over to build the Obama Presidential Center. One wonders if such generosity would be extended to less politically connected ventures.
As part of this agreement, the foundation committed to establishing a reserve fund, or endowment, meant to shield taxpayers from financial fallout if the project stumbled. The pledged amount? A hefty $470 million, as noted in city council discussions and the foundation’s 2020 report, as Fox News reports.
