American Thinker
Thomas Lifson
Oct. 5, 2018
The planned Obama presidential library “Presidential Center†that wants to grab priceless lakefront property from taxpayers for a vast campus that amounts to a cenotaph-like monument to the wonderfulness of the 44th President of the United States, recently filed its required Form 990 for 2017 with the IRS. And it revealed three surprising facts:
One: The Foundation's fundraising skyrocketed from $13.175 million in 2016 to an eye-popping $232.6 million on 2017, 17.6 times as much. Would it be too cynical of me to notice that this coincided with the elimination of the self-imposed limit of $1 million per contributor? We do know that Obama and wife actively courted donors once out of office with Clinton Global Initiative-like schmooze fests.
Two: The Obama Foundation decided to mask the identities of its mega-donors. With Obama out of office in 2017, I presume that federal restrictions and disclosure requirements also went by the wayside. Would it be too cynical of me to wonder if any foreign actors were among the mega-donors? We are told, “Most contributions last year came from individuals, 94.9 percent or $220.7 million.â€
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https://www.americanthinker.com/blog/2018/10/obama_foundation_is_raising_big_bucks_but_hiding_the_identities_of_its_megadonors.html
