Wednesday, September 26, 2018

i'm just going to toss in a few tidbits on the obomba scam, and if you care to, you can read the rest in the sun times.

-the foundation no longer identifies its megadonors and its executive director earned more than $862,000 in salary and bonuses in 2017.

-Architects Billie Tsien and Tod Williams, who are designing the Obama Center, collected $4,963,525 in 2017. They were hired in June 2016 and paid $305,622 that year.

-The foundation paid $2.75 million to several communications firms, including the Washington-based SKDKnickerbocker, which provides public relations, digital design and other consulting services.

  • $862,055 for Executive Director Robbin Cohen. That includes a $300,000 bonus in 2017. She was not paid by the foundation in 2014, its first year. Her base salary is $662,055.
  • $614,636 for CEO David Simas
  • $378,519 for Chief Digital Officer Glenn Brown
  • $292,044 for Civic Engagement Vice President Michael Strautmanis
  • $256,903 for Chief Development (fundraising) Officer Jordan Kaplan
The payroll has grown from $173,214 in 2014 to $8.8 million in 2017, according to the 990. The foundation has offices in Chicago, Washington and New York.
Expenses totaled $21.3 million in 2017, the most ever, a jump from $4.9 million in 2016.

  • Four donations of $25 million each
  • Two donations of $24 million each
  • Two donations of $10 million each
  • One donation of Amazon stock worth $8.5 million
  • Two donations of $8 million each
  • Two donations of $5 million each

In 2017, the foundation had its best fundraising year, bringing in $232.6 million. That was revealed in its first-ever annual report, published in August. That’s because with Obama out of office, a self-imposed $1 million donation cap was lifted.
Fundraising expenses were $4.2 million, up from $1.1 million in 2016.


 
this of course makes me heartsick. i knew obomba had all the money and power at his disposal, but the numbers illustrate how big this con really is. obomba, the university of chicago, along with mac realty and a host of other speculators, are having a feeding frenzy. this place will be gentrified beyond recognition, and the poor will be blown away like migrating birds in a money storm.

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