Tale of two foundations

When he was running for president, Trump suggested that the Clinton Foundation was a pay-to-play front where Hillary and Bill Clinton traded government access and favors for money.

“It’s impossible to figure out where the Clinton Foundation ends and the State Department begins. It is now abundantly clear that the Clintons set up a business to profit from public office. They sold access and specific actions by and to them for money.”

Bill Clinton’s response was,

“We’re trying to do good things. If there’s something wrong with creating jobs and saving lives, I don’t know what it is. The people who gave the money knew exactly what they were doing. I have nothing to say about it except that I’m really proud.”

Looking into the Clinton Foundation showed that in spite of Trump’s claims, the Clintons don’t directly profit from the foundation, and, as tax documents show, neither Bill nor Hillary Clinton draws a salary from it.

The foundation is a collection of nine different initiatives each focused on achieving a different public policy goal.

It has helped lower the cost of HIV/AIDS medication through its Health Access Initiatives, and addresses climate change, improves education in Haiti, and holds an annual conference that gathers heads of state, world leaders and celebrities to New York City to make philanthropic pledges.

According to its website, the foundation believes “that the best way to unlock human potential is through the power of creative collaboration. That’s why we build partnerships between businesses, NGOs, governments and individuals everywhere to work faster, leaner and better.”

One independent philanthropy watchdog concluded that about 89 percent of its funding went to charity.

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There is still about $1.75 million in remaining cash that will be distributed to non-profits approved by the state attorney general.

Foundation assets include physical possessions like two paintings of Trump himself which he purchased using $42,000 of foundation money.

According to New York Attorney General Barbara Underwood,

“Under the terms, the Trump Foundation can only dissolve under judicial supervision – and it can only distribute its remaining charitable assets to reputable organizations approved by my office.”

The president and his three eldest children, who served as members of the foundation’s board, repeatedly used charitable donations for personal, political and business gains, including legal settlements, campaign contributions and even to purchase that portrait.

Underwood said that all this “amounted to the Trump Foundation functioning as little more than a checkbook to serve Mr. Trump’s business and political interests.”

The lawsuit prohibits Ivanka Trump, Eric Trump and Donald Trump Jr. from serving on the boards of any charities for the next 10 years.

An attorney for the president has argued that the case is politically motivated, an argument the judge rejected as recently as last month.

 

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