Clinton Foundation


The Clinton Foundation is a nonprofit organization under section 501 of the U.S. tax code. It was established by former president of the United States Bill Clinton with the stated mission to "strengthen the capacity of people in the United States and throughout the world to meet the challenges of global interdependence." Its offices are located in New York City and Little Rock, Arkansas.
Through 2016, the foundation had raised an estimated $2 billion from U.S. corporations, foreign governments and corporations, political donors, and various other groups and individuals. The acceptance of funds from wealthy donors has been a source of controversy. The foundation "has won accolades from philanthropy experts and has drawn bipartisan support". Charitable grants are not a major focus of the Clinton Foundation, which instead uses most of its money to carry out its own humanitarian programs.
This foundation is a public organization to which anyone may donate and is distinct from the Clinton Family Foundation, a private organization for personal Clinton family philanthropy.
According to the Clinton Foundation's website, neither Bill Clinton nor his daughter, Chelsea Clinton, draws any salary or receives any income from the foundation. When Hillary Clinton was a board member, she reportedly also received no income from the foundation.
Beginning in 2015, the foundation was accused of wrongdoing, including a bribery and pay-to-play scheme, but multiple investigations through 2019 found no evidence of malfeasance. The New York Times reported in September 2020 that a federal prosecutor appointed by attorney general Bill Barr to investigate the origins of the 2016 FBI Crossfire Hurricane investigation had also sought documents and interviews regarding how the FBI handled an investigation into the Clinton Foundation. In May 2023, it was revealed that the Justice Department had continued to investigate the Foundation until days before the end of the first Trump presidency, when FBI officials insisted the DOJ acknowledge in writing that there was no case to bring.

History

The origins of the foundation go back to 1997, when then-president Bill Clinton was focused mostly on fundraising for the future Clinton Presidential Center in Little Rock, Arkansas. He founded the William J. Clinton Foundation in 2001, following the completion of his presidency. Longtime Clinton advisor Bruce Lindsey became the CEO in 2004. Later, Lindsey moved from being CEO to being chair, largely for health reasons. Other Clinton hands who played an important early role included Doug Band and Ira Magaziner. Additional Clinton associates who have had senior positions at the foundation include John Podesta and Laura Graham.
The foundation's success is spurred by Bill Clinton's worldwide fame and his ability to bring together corporate executives, celebrities, and government officials. Similarly, the foundation areas of involvement have often corresponded to whatever Bill suddenly felt an interest in.
Preceding Barack Obama's 2009 nomination of Hillary Clinton as United States Secretary of State, Bill Clinton agreed to accept a number of conditions and restrictions regarding his ongoing activities and fundraising efforts for the Clinton Presidential Center and the Clinton Global Initiative. Accordingly, a list of donors was released in December 2008.
By 2011, Chelsea Clinton was taking a dominant role in the foundation and had a seat on its board. To raise money for the foundation, she gave paid speeches, such as her $65,000 2014 address at the University of Missouri in Kansas City for the opening of the Starr Women's Hall of Fame.
In 2013, Hillary Clinton joined the foundation following her tenure as Secretary of State. She planned to focus her work on issues regarding women and children, as well as economic development. Accordingly, at that point, it was renamed the "Bill, Hillary & Chelsea Clinton Foundation". Extra attention was paid to the foundation due to the 2016 United States presidential election, Hillary resigned from the board of the Clinton Foundation in April 2015.
In July 2013, Eric Braverman was named CEO of the foundation. He is a friend and former colleague of Chelsea Clinton from McKinsey & Company. At the same time, Chelsea Clinton was named vice chair of the foundation's board. The foundation was also in the midst of a move to two floors of the Time-Life Building in Midtown Manhattan.
Chelsea Clinton moved the organization to an outside review, conducted by the firm of Simpson Thacher & Bartlett. Its conclusions were made public in mid-2013. The main focus was to determine how the foundation could achieve firm financial footing that was not dependent upon the former president's fundraising abilities, how it could operate more like a permanent entity rather than a start-up organization, and thus how it could survive and prosper beyond Bill Clinton's lifetime. Dennis Cheng, a former Hillary Clinton campaign official and State Department deputy chief, was named to oversee a $250 million endowment drive. The review also found the management and structure of the foundation needed improvements, including an increase in the size of its board of directors that would have a more direct involvement in planning and budget activities. Additionally, the review said that all employees needed to understand the foundation's conflict of interest policies and that expense reports needed a more formal review process.
In January 2015, Braverman announced his resignation. Politico attributed the move to being "partly from a power struggle inside the foundation between and among the coterie of Clinton loyalists who have surrounded the former president for decades and who helped start and run the foundation." He was succeeded at first in an acting capacity by former deputy assistant secretary, Maura Pally.
On February 18, 2015, The Washington Post reported that, "the foundation has won accolades from philanthropy experts and has drawn bipartisan support, with members of the George W. Bush administration often participating in its programs." In March 2015, former Secretary of Health and Human Services in the Clinton administration, Donna Shalala, was selected to run the Clinton Foundation. She left in April 2017.
In August 2016, The Boston Globe editorial board suggested that the Clinton Foundation cease accepting donations. The Globe's editorial board offered praise for the foundation's work but added that "as long as either of the Clintons are in public office, or actively seeking it, they should not operate a charity, too" because it represents a conflict of interest and a political distraction.
In 2016, Reuters reported that the Clinton Foundation suspected that it had been the target of a cyber security breach. As a consequence of the suspected cyber security breach, Clinton Foundation officials retained a security firm, FireEye, to evaluate its data systems. The cyber security breach has been described as sharing similarities with cyberattacks that targeted other institutions, such as the Democratic National Committee.
In October 2016, The Wall Street Journal reported that four FBI field offices—in New York, Los Angeles, Washington, and Little Rock—had been collecting information about the Clinton Foundation to determine whether "there was evidence of financial crimes or influence-peddling". In a reported separate investigation, the Washington field office was investigating Terry McAuliffe before he became a board member of the Clinton Foundation. CNN reported in January 2018, that the FBI is investigating allegations of corruption at the Clinton Foundation in Arkansas. Sources said that federal prosecutors are checking to see if foundation donors were improperly promised policy favors or special access to Hillary Clinton during her tenure as secretary of state in return for donations and whether tax-exempt funds were misused by the foundation's leadership.
The Washington Post reported in January 2020, that an additional Justice Department investigation into the matter, initiated after Donald Trump took office in 2017, was winding down after finding nothing worth pursuing.

Board of directors

As of January 2018, the board members are:

Clinton Health Access Initiative (CHAI)

As of January 1, 2010, the Clinton HIV/AIDS Initiative, an initiative of the Clinton Foundation, became a separate nonprofit organization called the Clinton Health Access Initiative. Organizations such as the Clinton Foundation continue to supply anti-malarial drugs to Africa and other affected areas; according to director Inder Singh, in 2011 more than 12 million individuals will be supplied with subsidized anti-malarial drugs.
In May 2007, CHAI and UNITAID announced agreements that help middle-income and low-income countries save money on second-line drugs. The partnership also reduced the price of a once-daily first-line treatment to less than $1 per day. To procure these low-cost drugs, Bill Clinton repeatedly visited Indian manufacturers of generic drugs, which helped legitimize India's pharmaceutical industry.
CHAI was spun off into a separate organization in 2010; Ira Magaziner became its CEO. Chelsea Clinton joined its board in 2011, as did Tachi Yamada, former President of the Global Health Program at the Bill & Melinda Gates Foundation.

Clinton Global Initiative (CGI) and CGI U

The Clinton Global Initiative was founded in 2005 by Bill Clinton. Doug Band, counselor to Bill, was integral to its formation. Clinton has credited Band with being the originator of CGI and has noted that "Doug had the idea to do this." Band left his paid position at CGI in 2010, preferring to emphasize his Teneo business and family pursuits, but remains on the CGI advisory board. The overlap between CGI and Teneo, of which Bill was a paid advisor, drew criticism. According to his attorneys during 2007 plea negotiations on sex offense charges, financier Jeffrey Epstein also formed "part of the original group that conceived the Clinton Global Initiative", though his name was not mentioned in any of the organization's founding documents.
File:Bill Clinton Alonzo Mourning CGI U.jpeg|thumb|Bill Clinton with Alonzo Mourning during CGI University Day of Service in Miami, Florida
In 2007, Bill started CGI U, which expanded the model of CGI to students, universities, and national youth organizations. CGI U has been held at Tulane University, the University of Texas at Austin, the University of Miami, the University of California, San Diego, The George Washington University, Washington University in St. Louis, Arizona State University, and University of California, Berkeley. Panelists and speakers have included Jon Stewart, Madeleine Albright, Vandana Shiva, Bill and Chelsea Clinton, Stephen Colbert, Jack Dorsey, Greg Stanton, U.S. Rep. Gabby Giffords, Shane Battier, Salman Khan, and U.S. Rep. John Lewis.
In September 2016, it was announced that the Initiative would be winding down to be discontinued and that 74 employees would be let go at the end of the year. In January 2017, it was announced that another 22 employees would be let go by April 15, 2017, and that CGI University would be continued.