What is the future of the Clinton Foundation?

This is interesting.. especially when you compare it to other philanthropic entities. Bill Clinton said that if Hillary won, she would not be able to continue. They sure have taken a beating on this.


With President Donald Trump sworn in and Hillary Clinton's presidential aspirations in the rearview mirror, some have begun to wonder what this means for the Clinton Foundation, the charitable organization founded by former President Bill Clinton in 1997.

Will it continue to be the influential entity that it's been for two decades, or will it become a shadow of its former globe-trotting self in the populist age of Trump?


The foundation's major programs and initiatives have included the Clinton Health Access Initiative, Clinton Climate Initiative and the Clinton Development Initiative, which promotes agribusiness in the developing world.

Major donors have included everyone from celebrity chef Mario Batali to General Motors.


In its 20-year history, the Foundation has raised approximately $2 billion, receiving $218 million in contributions in 2014 alone. To put those numbers into post-presidency nonprofit context, the George W. Bush Foundation received $52 million in net contributions in 2014, and in the same period the Carter Center received $17 million in net donations.

The Obama Foundation, created in 2014 to work on President Obama's presidential library, as well as global initiatives, had contributions and net assets of just over $2 million, according to its Dec. 2015 fiscal disclosures (released in May 2016).

By raising money in the hundreds of millions, the Clinton Foundation is in an entirely different league than any other presidential charity.

In fact, it has more in common with the disaster aid organization Direct Relief, which took in $455 million in total public support in 2014.

The foundation's fundraising reached its zenith in 2013, when it raised $262 million, according to The Washington Post. That was the year that Hillary Clinton stepped down as Secretary of State and devoted herself to fundraising for the charity, prior to announcing her intention to run for president.

Now the Clinton family foundation's status as a powerful philanthropic force is being viewed through a post-political lens.


Recent events could give that impression that the post-political view for the Clinton Foundation is negative. Several right-wing news outlets recently reported that the Clinton Global Initiative — the annual event held by the Clinton Foundation in New York City — will wind down, based on a filing with the New York State Department of Labor from January 12. But the layoffs at the Initiative detailed in the filing had first been reported as far back as September and had in fact been announced by Bill Clinton earlier in 2016, when he said CGI would wind down regardless of the election outcome.


Reports of the Foundation's demise


Clinton Foundation spokesman Brian Cookstra told CNBC that reports of the foundation's demise have been greatly exaggerated.

"The Clinton Foundation's work continues," Cookstra said. "In fact, we recently announced the next class of our Presidential Leadership Scholars for 2017. We are continuing the changes to CGI that were announced last year, that we said at the time would happen regardless of the outcome of the election."

Charity Navigator, an online guide to philanthropic organizations, gives the Clinton Foundation four stars out of four possible stars. The charity watchdog's view stands in contrast to the way the foundation was characterized during the presidential campaign, but it's consistent with the views of some who have been close to the Clintons over the years and have observed how the foundation operates.

It also received an A rating from the American Institute of Philanthropy's CharityWatch.


"It is a highly rated charity," said Los Angeles attorney Bennet Kelley, who was a fundraiser for President Clinton during the 1990s. "The money that went in went to its purpose."


According to Charity Navigator's review, based on 2014 financial disclosures, the Clinton Foundation had more than $317 million in revenue. Based on total expenses of $249 million, the foundation was carrying an excess of $89 million. It had total assets of $439 million and liabilities of $67 million.


The foundation spent 86.9 percent of its expenses on programs and services, based on the most recent review updated by Charity Navigator in September 2016. By far, the majority of its expenses have gone to the Clinton Health Initiative, which received 64 percent of spending ($129 million in fiscal 2014), according to Charity Navigator.


The latest financial snapshot


The more recent 2015 disclosure from the foundation has not yet been reviewed by Charity Navigator.

Total assets increased to $455 million, while total liabilities went down to $49.5 million. Total expenses increased to $264 million.

Total contributions declined from $217.8 million to $182.5 million. Total revenue declined from $338 million to $299 million.

Potential donors with second thoughts about contributing to this or any other charity can do their own due diligence and determine whether the money they donate will go where it's supposed to go. Charity Navigator recommends examining an organization's Form 990, which it's required to file annually with the IRS and which should be readily available on a nonprofit's website.

This document provides information about a charity's financial health, its commitment to accountability and transparency and the results that it gets. If it gets high marks on those three scores, then contributions will not be for naught, so those considering making a donation to any charity should consult this information to tell if their donations will go to their intended purpose or get lost in the downward spiral of a failing foundation.


It remains to be seen whether or not Hillary Clinton's election loss has tarnished her family's brand and, if so, what this means for the future of the foundation. No. 2 in expenses for the foundation after the Global Health Initiative was the Clinton Global Initiative, at more than $23 million, followed by the Clinton Presidential Center ($12 million) and Clinton Climate Initiative ($8 million), according to Charity Navigator.

The charity watchdog states that Clinton Foundation program expenses have grown at a rate of 17 percent.

Ending the Clinton Global Initiative means that $23 million is presumably freed up for other programs. However, an official at Charity Navigator said the flip side is less revenue coming in, as CGI is a major fundraising opportunity.

Whether the election outcome has an effect or not, there is one overriding, inevitable reality that will determine the Clintons' involvement in the charity's future.


"Let's be honest; they're aging," Kelley said. "They're grandparents now, and they'll probably want to focus their efforts."


— By Dan Bukszpan, special to CNBC.com
http://www.cnbc.com/2017/01/21/can-...-foundation-thrive-in-populist-trump-age.html













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Let's hope it continues.

The country needs a strong voice in the world. T.he new Isolationism of the Trump Adminstration needs to be (and be seen) as a temporary phenominum

 

I hope it will.. but, they are getting older.. We'll see.

 

Phenomenon(I had to actually use spellcheck for that one myself admittedly. Easy word to say, damn hard to spell.) And isolationism was our position prior to both WWI and WWII. So you really shouldn't be all that surprised. Americans were apathetic at best to the war on terror, but now you're talking regional powers once again taking the world stage? That's too much for the US to handle, and I agree with 46% other Americans who feel the same way.

The US should let them deal with those problems, and as tough as it is, that means not having our hearts tugged and pulled by some tragedy halfway across the world.

 

I bet Putin and Saudi Arabia quit donating back in November sometime . Wonder why ? And I am really drunk , ( still celebrating that big Trump win) but didn't the Clintons rob some whole devastated community. Tsunami or something .

 

How much money did Putin or Saudi Arabia previously donate?

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Saudi Arabia has been a particularly generous benefactor. The kingdom gave between $10 million and $25 million to the Clinton Foundation. (Donations are typically reported in broad ranges, not specific amounts.)

At least $1 million more was donated by Friends of Saudi Arabia, which was co-founded by a Saudi prince.Aug 20, 2016



Foundation Ties Bedevil Hillary Clinton's Presidential Campaign - The ...



https://www.nytimes.com/.../hillary-clinton-presidential-campaign-charity.h...

 

I would imagine a whole bunch . I mean if you guys are claiming Trump is ripe for Putin's picking , obviously bought and paid for Clinton was in the bag. Geeze . I'm bombed and I know that . Trump hate is blinding many.

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DOh you think the Saudi prince will donate a few million in 2017 .?

 

Probably, charity is an obligation in Islam. .. and the Clinton Foundation has done good work.. More to the point, the Saudis spend more per capita on humanitarian aid than we do in the US. Like building clinics and 93 water wells in Darfur or massive hurricane and tsunami shelters in Bangladesh... and so much more.

 

I know the prince cares deeply about women's rights and the LGBT movement . I wonder if he was marching in DC protesting Trump.

 

It will close and all official accounting will be lost in a tragic server fire. The proceeds will become a retirement fund most likely in Chelsea's name in an offshore account. The Clintons globetrotting days will come to an end as there are many countries they no longer be welcome in.

I would think Bill will still give speeches at reduced rates just to get out of the house and chase some tail.
Hillary will roam the rooms of Chapequa occasionally cornering a cat and kicking the fur out of it with an empty Vodka bottle.
Thank God the Clinton crime family is winding down.

 

Doesn't Hillary like vodka ? Russian vodka for uranium . I guess that's going to dry up as well now that we're going to try that new strategy of America and Americans first.

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Yes the old fire trick ! Democrats and their convenient coincidences. A miracle really! CNN can just make up anything and sayou a racist Trump supporter started the fire while burning a cross on the foundations lawn .

 

They could have bought uranium elsewhere .. like from little Jordan.

Your game is cheesy.

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You didn't bother to read the article.... What you are proposing is impossible with a public operational charity. Do you even know what that means?

 

Nothing is impossible for the Clintons! They make anyone or anything disappear. Well except for the Donald. And a certain blue dress.

 

The devil is in the details.. Read the specifics and timeline of the uranium sale.

 

Clinton Crime Family. Do you even know what that means?
Yes I noticed the article mentioned donations were accounted for roughly. Saudis Arabia somewhere around 10-25 million give or take. You really think accounting practices such as these do not include skimming?
Naïveté personified.

 

That "tragedy halfway across the world" 70 years ago was the event that lifted America to superpower status.

Now you wish to turn your back on that history because your Idol, Donald, says so.

A man with how many military deferrals to his name in order to avoid service?

You are a fool for heeding his advice, or for even buying in to it.

 

Look at who has audited them.

If you were a patriot, you'd want to know the truth instead of being duped by underhanded propagandists..

Crime family? What a telling remark.

 

Yeah, they stole a bunch of money from government contracts for rebuilding Haiti.

http://www.slate.com/articles/news_...9/the_truth_about_the_clintons_and_haiti.html

Both of them have been screwing over Haiti for some time.

 

Wouldn't the time line matter if Donald Trump sold Putin a hoagie in 2004 ? I doubt that . Trump would be lambasted and you know it . That's why the media can not be trusted .

 

How can anyone audit them when by your own admission thier accounting practices can be off by more than 50%?

 

Yes Haiti, my God I am drunk . ( thanks trump) . What about Haiti Margot? Is there even one anti Trumper out there that will admit that Haiti got screwed by the Clintons? Poor poor Haiti. What about the children Margot?

 

Did the IRS audit them ? The same crew that went after conservatives and has been proven to be another corrupt arm of the Obama administration. Even though the media is reporting 8 years Obama is scandal free . Do you see why we can't trust the MSM ?

 

Miraculously so. If you told the Americans back then, that not only would Germany and Japan be defeated, but that the British Empire would also collapse, they'd have said you won the lottery. America didn't so much as win the war, as everyone else lost it!(All historians agree on this fact.). Likewise, the internal collapse of the USSR had less to do with us and more to do with USSR's internal debt struggles, combined with constitutional/political struggles of the USSR leading to the breakup.

The idea that another confrontation with Putin would be another Cold War, was/is naively stupid. Want to know what's even more foolish? People who got the wrong lessons from history. The US has been an incredibly lucky nation to be where we are. We didn't plan this, like Stalin planned his eventual victory in WWII.(Yes, that's right the USSR won WWII)

We did not realpolitick, we lack the essential understanding of politics to do it. The Europeans historically play chess, while we play checkers.

 

Yes.. and they are audited by 5 or 6 charity watch organizations. Don't let your hatred cloud your vision.

 

It wiil go the way of the DoDos

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