• Ethics? No, Thank You: Clinton Foundation Drops Ban on Foreign Government Donations

    February 20, 2015 // 13 Comments »

    Hillary Rodham Clintin

    During her term as Secretary of State, the Bill, Hillary and Chelsea Foundation did not accept donations from foreign governments. Now, with Hillary is a pseudo-candidate for president, the Bill, Hillary and Chelsea Foundation has started to accept donations from foreign governments. Still Ready for Hillary in 2016? ‘Cause here’s what you’re gonna be getting.

    Conflicts of Interest?

    According to The Wall Street Journal, the foundation has already received funding from the United Arab Emirates, Saudi Arabia, Oman, Australia, and Germany. A Canadian government agency that supports the Keystone XL oil pipeline has also given money to the foundation.

    No potential conflicts of interest here, right? Let’s see:

    — The Canadian Foreign Affairs, Trade and Development agency donated between $250,000 and $500,000 (the Clinton’s only report donations in such ranges.) The Journal, however, claims the exact amount of the donation was somewhere around $480,000.

    — Last year, the United Arab Emirates donated somewhere between $1 million and $5 million.

    — Saudi Arabia’s donations total between $10 million and $25 million.

    — The Australian government has given between $5 million and $10 million in 2014. It also gave in 2013, when its donations fell in the same range.

    — Qatar’s government committee preparing for the 2022 soccer World Cup gave between $250,000 and $500,000 in 2014. Qatar’s government had previously donated between $1 million and $5 million.

    — Oman, which had made a donation previously, gave an undisclosed amount in 2014. Over time, Oman has given the foundation between $1 million and $5 million.

    A Familiar Face

    But of course, the Bill, Hillary and Chelsea Foundation is a stand-alone charitable organization, not a campaign PAC. Funny thing — earlier this month the Clinton Foundation’s chief development officer Dennis Cheng left the organization to serve as the finance director for Clinton’s expected presidential campaign. Since joining in 2011, Cheng raised $248 million for the foundation. He also worked as deputy chief of protocol in Clinton’s State Department and was Clinton’s New York State finance director on her 2008 campaign.

    Is it Just Me?

    The Washington Post had this to say:

    The [Bill, Hillary and Chelsea] Foundation of course provides luxury travel for Hillary Clinton and her spouse, a high-visibility platform and access to mega-donors. She is beholden in a meaningful sense to its donors. No presidential candidate can justify a conflict of interest of this magnitude; it is not merely the appearance of conflict but actual conflict of interest. (emphasis in the original)

    Travel expenses for the Bill, Hillary and Chelsea Clinton Foundation last year totaled more than $8 million, a greater amount than the nonprofit reported in previous years, according to Internal Revenue Service filings. That figure represents 10 percent of the Foundation’s total expenses.

    The travel expenses listed did not cover Hillary’s public travel for paid speeches, which were covered by the entity she was speaking to, according to contract terms.

    VOX added:

    The fact that the foundation previously stopped seeking such donations on the grounds that it would be improper given her role as Secretary of State only makes things worse… The problems with this move are so obvious that it naturally raises questions about the quality of the advice that Clinton is getting. Has she surrounded herself with people who aren’t comfortable telling her she’s making a mistake? Is she ignoring people who are raising obvious red flags? Is her husband and whoever he relies on for counsel just off the reservation? Whatever the answer, it doesn’t look good. Her 2008 campaign famously suffered from discipline and cohesion problems and this is not a great start to 2016.

    Chelsea is also pulling in significant amounts of money for not doing much. More information about Hillary’s complex finances are reported here by The New Yorker.

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    Posted in Embassy/State