FACT CHECK #8Y7LO_DD

EXHIBIT A

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The Obama Foundation has formally stated its intention to make significant investments in its endowment in the coming years as part of a $1.6 billion fundraising goal (1.2.1). According to official statements released in June 2026, the foundation has prioritized the construction of the Obama Presidential Center, which is now fully funded and scheduled for a spring 2026 opening (1.1.2). Although critics have highlighted that the endowment currently holds only a small portion of its $470 million target, foundation representatives confirm that the fundraising focus is shifting to long-term sustainability following the completion of the center's physical infrastructure (1.1.3, 1.1.5). Financial disclosures from 2024 and 2025 show that while total assets exceed $1.1 billion, these funds are primarily concentrated in construction and fixed assets rather than the endowment principal (1.4.2, 1.2.6). Foundation leadership asserts that these upcoming investments are necessary to sustain estimated annual operating costs of approximately $40 million (1.1.2, 1.3.8).

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