Clinton Climate Initiative staff help governments in Africa and the Caribbean region with reforestation efforts, and in island nations to help develop renewable energy projects.Clinton Development Initiative staff in Africa train rural farmers and help them get access to seeds, equipment and markets for their crops.“Many large foundations actually provide grants to the Clinton Foundation so that our staff can implement the work.”Īsked for some examples of the work it performs itself, the Clinton Foundation listed these: “We operate programs on the ground, around the world, that are making a difference on issues ranging from poverty and global health to climate change and women’s and girls’ participation,” Minassian told us via email. In either case, the key is to understand how well the foundation uses money - whether to implement programs or to grant out to nonprofits - the intended social impact (e.g., improving education, creating livelihoods, improving health, etc.).”Ĭraig Minassian, chief communications officer for the Clinton Foundation, said the Clinton Foundation is “an implementer.” When most people hear ‘foundation’, they think exclusively of a grant-making entity. “An operating foundation implements programs so money it raises is not designed to be used exclusively for grant-making purposes. a non-operating foundation,” Rosqueta told us via email. “There is an important distinction between an operating foundation vs. Katherina Rosqueta, the founding executive director of the Center for High Impact Philanthropy at the University of Pennsylvania, described the Clinton Foundation as an “operating foundation.” The Clinton Foundation does most of its charitable work itself. And besides those grants, the super PAC said, “there really isn’t anything that can be categorized as charitable.” That comes to roughly 6 percent of the budget going to grants. Clinton is serving as Secretary of State?’ We are now finding out that so little of those charitable donations actually go to charitable works.Īsked for backup, the CARLY for America super PAC noted that the Clinton Foundation’s latest IRS Form 990 shows total revenue of nearly $149 million in 2013, and total charitable grant disbursements of nearly $9 million (see page 10). Marco Rubio’s finances, and Fiorina responded that she wished the New York Times would do more to investigate the Clintons’ finances, and particularly “what they’ve been doing with their donors’ money to the Clinton Global Initiative.”įiorina, June 10: I mean, honestly, the question, I think, now for the Clintons is, ‘What else don’t we know? What don’t we know about your donors? What don’t we know about the conflicts of interest that those donors represent when Mrs. In a Fox News interview, Fiorina was asked about a New York Times story about Sen. Fiorina Attacksįiorina has been shadowing Hillary Clinton on the campaign trail in order to contrast herself with her Democratic rival. It conducts most of its charitable activities directly. Simply put, despite its name, the Clinton Foundation is not a private foundation - which typically acts as a pass-through for private donations to other charitable organizations. One independent philanthropy watchdog did an analysis of Clinton Foundation funding and concluded that about 89 percent of its funding went to charity. Republican presidential candidate Carly Fiorina says that “so little” of the charitable donations to the Clinton Foundation “actually go to charitable works” - a figure CARLY for America later put at about 6 percent of its annual revenues - but Fiorina is simply wrong.įiorina and others are referring only to the amount donated by the Clinton Foundation to outside charities, ignoring the fact that most of the Clinton Foundation’s charitable work is performed in-house.
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