The Obama Foundation is a non-profit organization that was established in 2014 by former President Barack Obama and First Lady Michelle Obama. The foundation is headquartered in Chicago, Illinois, and is dedicated to inspiring and empowering the next generation of leaders. The foundation's mission is to create a more equitable and inclusive world by developing programs and initiatives that focus on leadership development, civic engagement, and community organizing. The foundation also oversees the development of the Obama Presidential Center, which will be located on the South Side of Chicago and will serve as a hub for community engagement and programming.