Together, we have made extraordinary progress in meeting the challenges of our times. And this work will live on in the Obama Foundation because there is still more left to do.
The Barack Obama Foundation was established in January 2014 to carry on the great, unfinished project of renewal and global progress. Officially established as an operating, 501(c)(3) nonprofit corporation, the Foundation is governed by a volunteer board of directors chaired by civic leader Martin Nesbitt.
In the near future, the Foundation's primary focus will be overseeing the design and construction of the Obama Presidential Center, to be built on the South Side of Chicago. We will collaborate with a number of organizations to develop and operate the Center, including the City of Chicago, the National Archives and Records Administration, and the University of Chicago.
When it's complete, the Center will include a library holding the Presidential archives, a museum focusing on the Obama Presidency and issues of our time, and space for ongoing programs and initiatives that advance our mission.
As President Obama has said, the change we seek will take longer than one term or one presidency. Real change—big change—takes many years and requires each generation to embrace the obligations and opportunities that come with the title of Citizen.
The Obama Foundation will inspire the next generation of young leaders all over the world. It will convene the brightest minds with the newest ideas from across the political spectrum and draw strength from the rich diversity and vitality of Chicago, the city where the President and First Lady started a family and raised their daughters.
But most of all, the Foundation will ask all of us to take on big challenges and to believe that we can meet them together. Our history and President Obama's legacy give us hope that even the most difficult change is possible, and the Foundation exists to carry on that great, unfinished project of renewal and global progress.