The Barack Obama Foundation enjoyed a banner year in 2017, accumulating almost $232 million in tax-free donations.
According to the 990 tax form it filed with the Internal Revenue Service for 2017, revenue rose exponentially from the previous year when it only raised about $13 million. Senior executives also enjoyed more than ample remuneration, with the foundation’s executive director, Robbie Cohen, receiving a salary of $862,055 that year. Chief Executive Officer David Simas was paid $614,636 in salary and compensation.
The tax form indicates that “the Foundation’s mission to honor the legacy of President Barack Obama and to inspire, empower and” — it ends without finishing the sentence.
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There are good legacies and then there is the Obama legacy.
ReplyDeleteAs Hillary likes to say "I do it for the children".
ReplyDeleteLearned well from Hillary. How much did Iran give him for the money we gave them during the middle of the night.no questions asked on that one.
ReplyDelete