The Obama library is money laundering. No wonder the black contractors still have not been paid and are nearing bankruptcy. The money is being laundered. At https://www.obama.org/about/financials/ the financial disclosures end at 2024.
New York Post
Money donated to build Obama library being sent on to politically charged Tides group
Millions of dollars sent to Barack Obama’s foundation has ended up being donated to a progressive fund that supported anti-Israel groups, accused of setting up encampments at Ivy League universities, according to public documents.
Donations to the Obama Foundation, set up by the former president to build a 19-acre campus including a museum, athletic facility and fruit and vegetable gardens in Chicago, totaling $2 million were instead sent on to Tides Foundation in 2022 and 2023, according to its latest available federal tax filings.
The cash was earmarked to “support local organizations that are working to reduce violence in communities,” according to the nonprofit’s filings.
Tides Foundation — also funded by Democratic mega-donor George Soros — is a network that operates as a fiscal sponsor for groups that have not registered with the IRS as charities.
The third-party grant-making group is under scrutiny by the House Ways and Means Committee for handling donations for anti-Israel groups such as the Adalah Justice Project, Samidoun and the People’s Forum. Such groups helped set up pro-Palestinian demonstrations and college encampments after the October 7, 2023, Hamas attacks on Israel that left 1,200 Israelis dead.
Tides has also handled donations for Black Lives Matter Global Network Foundation, which sued the group in California Superior Court last year. It alleged “egregious mismanagement” of more than $33 million in its funds, according to court documents. That lawsuit is ongoing.
In addition to sending donations to Tides, the Obama Foundation has sent more than $3 million in 2022 and 2023 in grants to Gofundme.org for undisclosed “grassroots leaders to empower girls through education,” according to the group’s filings.
Meanwhile, the foundation admitted it has so far spent more than $615 million building the Obama Presidential Center, which is scheduled to open in spring 2026, according to its website.
The group, which received just $129,320 in donations in 2022, spent more than $27 million on salaries.
Among the highest-paid board members are Valerie Jarrett, a former senior adviser to President Obama and CEO of the foundation, who raked in more than $750,000 in compensation in 2023.
Robbin Cohen, executive vice president of the Obama Presidential Center, took in nearly $650,000 in 2023, according to the tax filings. Cohen is a former president of the Pritzker Realty Group, founded by Penny Pritzker, a philanthropist who is also on the Obama Foundation board of directors. Pritzker, whose brother, JB Pritzker, is the governor of Illinois, does not draw a salary.
https://www.msn.com/en-us/news/us/money-donated-to-build-obama-library-being-sent-on-to-politically-charged-tides-group/ar-AA1NlYKJ