Goldman Sachs and Ken Griffin Funds Give Big to Obama Foundation
Goldman Sachs and Ken Griffin Funds Give Big to Obama Foundation
(Bloomberg) -- Donald Trump’s tax cuts may be helping Wall Street, but some of its biggest names haven’t forgotten Barack Obama.
Philanthropic funds connected to Goldman Sachs Group Inc. and hedge fund billionaire Ken Griffin are among donors that gave the Obama Foundation at least $1 million apiece, the former president’s organization announced this week. The foundation is building the Obama Presidential Center, with museum, library and a public forum, on Chicago’s South Side.
The list also includes Ariel Investments head John Rogers and Morningstar Inc. executive chairman Joe Mansueto. Hedge fund billionaires David Shaw and Jim Simons had already given at least $1 million.
The former president earned about $400,000 each from speaking to Carlyle Group LP, Northern Trust Corp. and Cantor Fitzgerald LP, Bloomberg reported last year.
--With assistance from Amanda Gordon
To contact the reporter on this story: Max Abelson in New York at mabelson@bloomberg.net.
To contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, Dan Reichl, David Scheer
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