03/23/2017

Nonprofit Would Spread Obama Presidential Library's Benefits

The nonprofit would manage the potential economic impact the center will have on nearby communities

The Obama Center, planned for Chicago’s South Side, could have a positive impact on the surrounding community—and a coalition aims to create a nonprofit to ensure the neighborhood gets an economic boost from the presidential library.

Former President Barack Obama’s presidential library isn’t just going to be about honoring the nation’s first black president, though that’s part of it.

The organizers of the Obama Center, to be built on Chicago’s South Side, are said to be planning a nonprofit to manage the potential economic impact the center is expected to have on nearby neighborhoods, according to a DNA Info report. The Obama Foundation, which is acquiring the funds to build and manage the library, is expected to partner with a number of local organizations, churches and community groups, including South Shore Works, Washington Park Consortium and Network of Woodlawn. The city is also working to help plot out the nonprofit.

Please click here to read the complete article from Associations Now.