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© Obama Foundation The Obama Foundation on Tuesday announced that it will raise $400 million to fund the Obama Presidential Center in the South Side of Chicago and to invest in the neighborhoods that surround it with the help of corporate and philanthropic partners in the city. According to a press release, the foundation will dedicate $75 million over five years to strengthen economic development, including workforce training for residents of Chicago s West and South sides, and invest in Chicago youth through civic engagement, workforce readiness training and community programs. Organizations including Urban Alliance, which is a nonprofit that provides jobs training and paid internships to youth, AT&T, Exelon Corporation, The Boeing Company, HCSC/Blue Cross Blue Shield, Illinois Tool Works, Microsoft Corporation, Nike, Alphawood Foundation, Chicago Community Trust, Joyce Foundation, MacArthur Foundation, Robert R. McCormick Foundation and the Fifth Third Chicagoland Foundatio

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