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Clinton Claims Her Foundation Has Been Transparent "For The Last Several Years"

- March 31, 2016

Last Night In An MSNBC Interview, Clinton Claimed The Clinton Foundation Has Been Transparent "For The Last Several Years." MSNBC's RACHEL MADDOW: "Let me ask you one-- last question. Which I'm asking in part because we're here in New York. Which is-- the headquarters of The Clinton Foundation, and The Clinton Global Initiative. Is there a case to be made, an ethical case to be made that The Clinton Foundation and the Global Initiative should essentially be wound down as a family foundation while you run for president? I ask that because I think about the-- the good works, the good charitable works that The Clinton Foundation has done. But the way that some of that work gets done is by soliciting donations from people in this country, from people around the world, from organizations around the world. I think it is not unreasonable to suspect that people may give donations to The Clinton Foundation hoping that they will favorably influence your opinion toward them, as a presidential candidate, or eventually as president if you're elected. Is there an ethical concern there that there should be essentially-- a split between you and your family, (COUGH) and-- and-- and this foundation, that has done good work? But now you're in a different position-- with regard to potential donors." CLINTON: "Well, look, I-- I think that-- the work that it's done has been extraordinary. And I give the credit to my husband and my daughter, because I haven't been involved-- for that long. And, you know, when I look at what they've accomplished, and what they've been able to amplify in terms of saving lives-- by getting the price of drugs for HIV/AIDS down in sub-Saharan Africa. It's quite astonishing. And I would hate to lose that creativity, that imagination, that-- extraordinary flexibility. So, I think the answer is transparency. And there is no doubt that there will be-- complete transparency about-- donations. But when you have hundreds of thousands of people who are donating-- as they do-- I think that-- the best-- answer for that is what we have been doing for the last several years. And that is-- to be transparent about it. And let-- you know, let voters and others make their judgment." (MSNBC's "The Rachel Maddow Show," 3/30/16)

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The Clinton Foundation Has Been The Opposite Of Transparent, Despite Clinton's Promises

It Is "An Open Secret" That The Clinton Foundation's Financial Records Are "Deliberately Misleading." " Democrats and Clinton apologists will write these accusations off as conspiracy mongering and right-wing propaganda, but it's an open secret to anyone remotely familiar with accounting and regulatory requirements for charities that the financial records are deliberately misleading. And not coincidentally, those records were long filed by a Little Rock-based accounting firm called BKD, a regional auditor with little international experience." (Ken Silverstein, "Shaky Foundations," Harper's Magazine, 11/18/15)

Last Year, We Learned The Clinton Foundation Program Stopped Releasing Information On Donors, Breaking Clinton's Promise Of Transparency

Reuters Headline: "Exclusive: Despite Hillary Clinton Promise, Charity Did Not Disclose Donors" (Jonathan Allen, "Exclusive: Despite Hillary Clinton Promise, Charity Did Not Disclose Donors," Reuters , 3/19/15)

Reuters Found That The Foundation's "Flagship Health Program" Stopped Making Annual Donor Disclosures In 2010. "But in a breach of the pledge, the charity's flagship health program, which spends more than all of the other foundation initiatives put together, stopped making the annual disclosure in 2010, Reuters has found." (Jonathan Allen, "Exclusive: Despite Hillary Clinton Promise, Charity Did Not Disclose Donors," Reuters , 3/19/15)

  • "In Response To Questions From Reuters, Officials At CHAI And The Foundation Confirmed No Complete List Of Donors To The Clintons' Charities Has Been Published Since 2010." (Jonathan Allen, "Exclusive: Despite Hillary Clinton Promise, Charity Did Not Disclose Donors," Reuters , 3/19/15)

The Clinton Foundation Also Pledged To Allow The State Department To Review Any New Or Increased Donations From Foreign Governments. "The Reuters inquiries also raised questions about a second assurance Hillary Clinton made to the Obama administration: that the State Department would be able to review any new or increased contributions to CHAI by foreign governments while she served as the nation's top diplomat. The Clintons said the pledge was intended to defuse accusations that foreign governments might use such donations to earn favors." (Jonathan Allen, "Exclusive: Despite Hillary Clinton Promise, Charity Did Not Disclose Donors," Reuters, 3/19/15)

  • But "The Clinton Health Access Initiative Never Submitted Information On Any Foreign Donations To State Department Lawyers For Review During Clinton's Tenure From 2009 To 2013…" "The Clinton Health Access Initiative never submitted information on any foreign donations to State Department lawyers for review during Clinton's tenure from 2009 to 2013, Maura Daley, the organization's spokeswoman, acknowledged to the Globe this week." (Annie Linskey, "Clinton Charity Never Provided Foreign Donor Data," The Boston Globe , 4/30/15)

The Clinton Foundation's Clinton-Guistra Enterprise Partnership Has Also Failed To Be Transparent, Disclosing Only 24 Out Of Over 1,000 Donors

The Clinton Guistra Enterprise Partnership (CGEP) Was Established By Bill Clinton And Frank Guistra. "The Clinton Giustra Enterprise Partnership was established by President Bill Clinton and Canadian philanthropist Frank Giustra, combining the best of non-profit and for-profit approaches to create new enterprises that capitalize market opportunities to generate social impact by addressing existing market gaps in developing country supply or distribution chains." ("About Us," Clinton Guistra Enterprise Partnership, Accessed 2/11/16)

CGEP Is A Canadian Charity, Which Moves "Significant Sums Of Money Into The Clinton Foundation's Flagship In New York." "Canadian charity called the Clinton Giustra Enterprise Partnership-which is run by one of Bill Clinton's close friends, Frank Giustra-has been moving significant sums of money into the Clinton Foundation's flagship in New York." (Ken Silverstein, "Shaky Foundations," Harper's Magazine, 11/18/15)

There Is No Way To Know Exactly How Much Money CGEP Has Taken In, Because Canadian Non-Profit Law Says Charities Do Not Need To Report Donors. "There's no way for the public to know precisely how much total money the CGEP has taken in over the years-or how much it has forwarded on to the Clinton Foundation-because, unlike in the United States, under Canadian non-profit law charities don't need to report donors to tax authorities." (Ken Silverstein, "Shaky Foundations," Harper's Magazine, 11/18/15)

  • In 2015, Under Pressure From The Press, CGEP Released The Names Of 24 Donors, But More Than 1,000 Are Still Unknown. " Earlier this year, after being severely criticized by the Canadian press, the CGEP released the names of twenty-four of its donors, but more than 1,000 are still unknown. (CGEP wrote in an email that 'going forward [it] will publicly disclose all future donors.')" (Ken Silverstein, "Shaky Foundations," Harper's Magazine, 11/18/15)

The Clinton Foundation Is Far From Transparent

The Donor List Posted On The Foundation's Website Does Not Provide Nationality Or Occupation Of The Donors, The Dates They Contributed, Or Precise Amounts Of Contributions. "The list posted on the foundation's Web site -- www.clintonfoundation.org - did not provide the nationality or occupation of the donors, the dates they contributed or the precise amounts of their gifts, instead breaking down contributors by dollar ranges. Nor did the list include pledges for future donations. As a result, it is impossible to know from the list which donations were made while Mr. Clinton was still president or while Mrs. Clinton was running for president." (Peter Baker and Charlie Savage, "In Clinton List, A Veil Is Lifted On Foundation," The New York Times, 12/19/08)

The Clinton Foundation's Limits To Transparency Make It Difficult To Track Donations Over Time, It Is Impossible To Determine How Much Particular Donors Contributed After Hillary Clinton Joined The Foundation In 2013. "And the foundation tallies the giving of each donor only cumulatively, making it difficult to track trends in giving over time. As a result, it is not possible to determine how much particular donors contributed in the months since Hillary Clinton joined the foundation in 2013." (Rosalind S. Helderman, Tom Hamburger and Steven Rich, "Clintons' Foundation Has Raised Nearly $2 Billion - And Some Key Questions," The Washington Post , 2/18/15)


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