The move is controversial as Clinton had promised to disclose foreign support while she was in the State Department. Clinton foundation claims that the MOU was based on previous donors substantially increasing their donations to the Clinton foundation and that wasn't the case with Qatar.
On the heels of damning WikiLeaks revelations, the Clinton Foundation has confirmed allegations that it received a $1 million ‘gift’ from Qatar without telling the State Department, breaking a signed agreement requiring it to reveal all foreign donations.
The little-known Haiti Development Fund, an LLC incorporated in Delaware in August 2010, was created by the Clinton Foundation with an initial endowment of $20 million from shady Canadian mining mogul Frank Giustra and Mexican billionaire Carlos Slim. The Fund was supposed to supply desperately needed seed money to Haitian entrepreneurs after an earthquake d
A new release by WikiLeaks reveals how efforts to limit potential conflicts led to infighting among advisers in the years before Mrs. Clinton announced her 2016 candidacy. One top aide to Mr. Clinton, Douglas J. Band, noted in an email that the former president had received personal income from some foundation donors and “gets many expensive gifts from them.”
In the beforetime, in the long, long ago of 2015, a woman named Hillary Clinton was about to launch her campaign for president. She was also trying really hard to secure $12 million for her family’s charitable foundation from King Mohammed VI of Morocco. And her campaign was freaking out about it.
When Hillary Clinton became secretary of state in 2009, the foundation agreed to disclose its donors at the request of the White House. According to a memorandum of understanding, the foundation could continue to collect donations from countries with which it had existing relationships or running grant programs. If contributions from those countries increased significantly or a new foreign government wanted to make a donation, the State Department would have to first approve (more on that in a bit).
Most of the Clinton Foundation’s charitable work is performed in-house. One independent philanthropy watchdog did an analysis of Clinton Foundation funding and concluded that about 89 percent of its funding went to charity.
Just 5.7 percent of the Clinton Foundation's massive 2014 budget actually went to charitable grants, according to the tax-exempt organization's IRS filings. Despite taking in an additional $30 million in 2014, the Clinton Foundation spent 40 percent less on charitable grants in 2014 than in 2013. Even as it slashed charitable spending, the foundation increased the amount spent on salaries, employee benefits and compensation by $5 million in 2014.
This article accuses the Clinton foundation of collecting money for the Haitian earthquake and then spending the money to build posh hotels instead of helping the poor and afflicted. This is what Naomi Klein calls disaster economy.