Obama Foundation Receives $5 Million From Nike for Athletic Facility

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Multinational sports apparel and footwear manufacturer Nike has announced a $5 million donation to the Obama Foundation to help fund an athletic facility at the planned Obama Presidential Center on Chicago's South Side.

To be made through the Nike Foundation, the donation will support construction of a community recreation facility on a campus with three other buildings — a museum, a venue for public meetings and programming, and, in partnership with the Chicago Public Library, a library. Located in Jackson Park, the campus also will include gardens, a playground, jogging and walking paths, a lawn, and a hill for sledding.

"Our belief in the power of sport to transform lives is why we work with organizations like the Obama Foundation — because whether it's on a global scale or at the grassroots level, we've seen what's possible when sport brings us together," said Nike's chief social and community impact officer, Jorge Casimiro. "Our approach to these community partnerships is grounded in the knowledge that kids who move will move the world. And for those facing the steepest barriers, the benefits of play and sport have an especially powerful ripple effect."

(Image credit: Obama Foundation)