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Clinton Foundation Set To Lose Major Donors

U.S. Democratic presidential nominee Hillary Clinton delivers remarks at a gathering of law enforcement leaders at John Jay College of Criminal Justice in NY, U.S., August 18, 2016.

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The last change announced at the Foundation will be Bill Clinton’s stepping-down from the Foundation’s board of directors, while Chelsea Clinton’s future role is yet to be ascertained.

A similar technique was used to hack the Democratic National Committee, Hillary Clinton’s presidential campaign and the party’s congressional fundraising committee.

And in four or eight years, the Clinton family could always form a new foundation and reestablish their charitable efforts. He also unveiled another major change: the end of the Clinton Global Initiative, its annual event held for worldwide leaders and donors. The Clintons should move now to end donations to the foundation, and make plans to shut it down in November.

More than half of the Clinton Foundation’s major donors would be prevented from contributing to the charity under the self-imposed ban on corporate and foreign donors the foundation said this week it would adopt if Hillary Clinton won the White House, according to a new Washington Post analysis of foundation donations. She along with her daughter Chelsea are the two other Directors of Clinton Foundation, which is involved in massive charity work globally.

Foreign donations to the foundation were restricted when Hillary Clinton was secretary of State, requiring approval from an ethics office at State.

He added that the agreement that the Clinton Foundation won’t take foreign donations if Hillary becomes president “is too little, too late, for a of couple reasons”.

Call me a cynic, but I think this is totally possible. A formal announcement is expected soon.

Just as Hillary Clinton’s presidential campaign launched in April 2015, the foundation stopped accepting donations from all but six foreign governments: Australia, Canada, Germany, the Netherlands, Norway and the United Kingdom. If the foundation’s donors are truly motivated by altruism, and not by the lure of access to the Clintons, then surely they can find other ways to support the foundation’s goals. With Hillary Clinton’s help, Clinton Foundation donor Claudio Osorio won a $10 million loan in 2010 from the Overseas Private Investment Corporation meant to be used to build houses in Haiti. Half of all voters have heard a lot or some about foreign governments donating to the Clinton Foundation, and the same percentage of respondents have heard a lot or some about the nonprofit requesting “favors” from officials at the State Department while she led the Cabinet agency.

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Members of the Clinton Foundation board met earlier in the day to ratify the changes.

Clinton Foundation may have been hacked