The Obama Foundation has yet to fulfill its pledge to create a $470 million reserve fund meant to shield taxpayers if the Obama Presidential Center runs into trouble, according to recent tax filings, which show millions instead going to the Tides Foundation .

When the 19.3-acre section of land in a public Chicago park was acquired for just $10 in 2018 under a 99-year deal, the construction of the presidential library required the creation of an endowment fund to spare taxpayers should the project ever go belly up.

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