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Report Highlights Valerie Jarrett’s Role and Pay During Obama Presidential Center Project

Valerie Jarrett earned $740,000 in 2024 as CEO while the Obama Foundation's salaries rose to $43.7 million with 337 staff ahead of the $850 million center opening.

  • Valerie Jarrett earned $740,000 as CEO of the Obama Foundation in 2024, with several former Obama administration officials also receiving six-figure salaries during the $850 million construction of the Obama Presidential Center in Chicago.
  • The Obama Foundation's salaries and benefits rose from $18.5 million in 2018 to $43.7 million in 2024, with total revenue nearing $210 million and a staff of 337 employees.
  • The foundation operates the Obama Presidential Center on publicly owned Chicago parkland under a 99-year agreement, planning to open in June and create 150 full-time jobs.
  • Critics have questioned the high executive pay and the slow funding of the $470 million reserve fund, while the foundation defends its compensation as competitive with large nonprofits nationwide.
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abc 7 Chicago broke the news in Chicago, United States on Tuesday, March 10, 2026.
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