President Barack Obama accepted more than $30,000 in personal gifts during his last year in office.
On Jan. 18, two days before President Donald Trump’s inauguration, Obama submitted financial disclosure forms that detailed the personal gifts he was given. Copies of the forms were made public by the U.S. Office of Government Ethics.
The most expensive gift Obama accepted was an $8,300 five-volume set of his family’s genealogy from Thomas Monson, the President of The Church of Jesus Christ of Latter-day Saints. A $7,000 large wooden map case with vintage maps inside was given to him by National Geographic, and a framed photograph of Muhammad Ali, received from Comedian Whoopi Goldberg, is valued at $5,250.
Other gifts Obama received include a replica Vince Lombardi Trophy ($2,500), a signed and framed photograph of former President John F. Kennedy ($1,400), a framed American Flag carried during Operation Neptune Spear ($2,520), a print of Norman Rockwell’s “The Problem We All Live With” that is signed by Ruby Bridges Hall ($825), a framed ballot from the election of 1864 in favor of former President Abraham Lincoln ($465), a signed baseball bat from Hank Aaron ($900), three Native American pots in Pueblo style ($704), and a Navy letterman-style jacket ($600) from the United States Naval Academy.
During Obama’s previous years in office, he did not accept any personal gifts based on a review of financial disclosure forms conducted by International Business Times.
Presidents and all other federal employees are not allowed to accept personal gifts from foreign governments and officials without the consent of Congress, but presidents may accept unsolicited personal gifts from the American public, relatives, and personal friends.
The final financial disclosure forms Obama submitted also listed two liabilities: one for a mortgage on his personal residence in Illinois, and the other a promissory note with JPMorgan Chase Bank. Both are valued between $500,001 and $1,000,000.
He also listed two positions with LLCs that he held outside of government office during his final year as president. He was a member of Homefront Holdings and Renegade 44, both in Washington, D.C.
Sources: U.S. Office of Government Ethics, International Business Times / Photo credit: Marc Nozell/Flickr