WASHINGTON--There is a hefty price tag--$40,000--for the fund-raiser at the Kenwood home of President Barack Obama and First Lady Michelle on Aug. 12.

This 3 p.m. reception marks the first time since Obama's moved into the White House their home on S. Greenwood has been used for a fund-raising event. It is one of three being held that day, all with the theme of helping Obama celebrate his Aug. 4 birthday where he turns 51.

*There is a $5,000 per person photo reception at the home of Marty Nesbitt and his wife, Anita Blanchard who live a few blocks away on S. Woodlawn. Nesbitt, a close pal, is the treasurer of the Obama for America campaign. Blanchard, an ob-gyn, is close to Mrs. Obama and delivered Malia and Sasha.

*There is a $1,000-per-person dessert reception at the home of Barbara Bowman, who is the mother of White House senior advisor Valerie Jarrett. The Obama family visited that home on June 17 for the marriage of Jarrett's daughther.

There is also a low dollar raffle being held in connect with the Obama home fund-raisers, with two winners to be flown to Chicago and put up in a hotel. The donation could be just a few dollars to get in the game. The travel package is worth $1,600--and the winners have to pay income tax on the sum. The raffle closes on July 26.

Where the money goes, per the campaign: "The first $5,000 of a contribution to OVF 2012 will be allocated to Obama forAmerica (with the first $2,500 designated for the primary election, and the next $2,500 for the general election). The next $30,800 of a contribution will be allocated to the Democratic National Committee.

"Any additional amounts from a contributor will be divided among the State Democratic Party Committees as follows, up to $10,000 per committee and subject to the biennial aggregate limits: FL (17%); OH (16%); PA (13%); CO (11%); NC (11%); VA(11%); NV (6%); WI (6%); IA (5%); and NH (4%). "

Vice President Joe Biden hits Chicago on July 30 for a breakfast fund-raiser at the Palmer House Hilton.