Obama library raises at least $850,000

 

McClatchy Washington Bureau

The foundation planning Barack Obama’s presidential library has raised between $850,000 and $1.75 million, the organization said Tuesday.

The Barack Obama Foundation has pledged to release the names of donors that contributed more than $200 on its website on a quaterly basis.

Tim Collins, Cari and Michael J. Sacks, and Marilyn and Jim Simons each contributed between $250,001 and $500,000. Lise Strickler and Mark Gallogly contributed between $100,001 and $250,000. All of them raised money for Obama during his campaigns or have served on various baords.

The foundation will operate as a section 501(c)(3) organization, making it eligible to accept tax-deductible contributions for its educational and charitable purposes. It will disclose all donors and donations over $200 on a quarterly basis.

For the remainder of Obama's term, it will follow donation guidelines in line with those adopted by the president for his campaigns, including no support from foreign nationals, currently registered federal lobbyists or foreign agents.

Obama, First Lady Michelle Obama and White House staff will not participate in fundraising efforts during the remainder of the president's term.

Thirteen organizations have submit proposals to build President Barack Obama’s presidential library following last month’s deadline.

The foundation declined to release a list of which groups have applied but universities in New York, where Obama went to college, and Hawaii, Obama's birthplace, announced they submit proposals. Several organizations in his longtime home of Chicago also have submitted proposals.

The leaders of foundation -- longtime friend Marty Nesbitt, former campaign fundraiser Julianna Smoot and businessman J. Kevin Poorman -- hope to narrow the list by late summer and select a site for the future library by early 2015.

Read more Politics Wires stories from the Miami Herald

  •  
White House press secretary Josh Earnest speaks during the daily news briefing at the White House, Monday, Sept. 15, 2014, in Washington. Earnest answered question about Islamic State militants and other topics.

    AP sources: US would retaliate against Assad

    The United States would retaliate against Syrian President Bashar Assad's air defenses if he were to go after American planes launching airstrikes in his country, senior Obama administration officials said Monday.

  • Concerns raised over 'Obamacare' abortion coverage

    A nonpartisan congressional agency is raising new questions about compliance with a key compromise on abortion that allowed the federal health care law to pass in 2010.

  •  
FILE - In this Sept. 3, 2014, file photo, President Barack Obama speaks at Nordea Concert Hall in Tallinn, Estonia. The Obama administration is ramping up its response to West Africa's Ebola crisis, preparing to assign 3,000 U.S. military personnel to the afflicted region to supply medical and logistical support to overwhelmed local health care systems and to boost the number of beds needed to isolate and treat victims of the epidemic.

    US to assign 3,000 from US military to fight Ebola

    The Obama administration is ramping up its response to West Africa's Ebola crisis, preparing to assign 3,000 U.S. military personnel to the afflicted region to supply medical and logistical support to overwhelmed local health care systems and to boost the number of beds needed to isolate and treat victims of the epidemic.

Miami Herald

Join the
Discussion

The Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

The Miami Herald uses Facebook's commenting system. You need to log in with a Facebook account in order to comment. If you have questions about commenting with your Facebook account, click here.

Have a news tip? You can send it anonymously. Click here to send us your tip - or - consider joining the Public Insight Network and become a source for The Miami Herald and el Nuevo Herald.

Hide Comments

This affects comments on all stories.

Cancel OK

  • Marketplace

Today's Circulars

  • Quick Job Search

Enter Keyword(s) Enter City Select a State Select a Category