Author Topic: Clinton Foundation disclosures sought  (Read 187 times)

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Clinton Foundation disclosures sought
« on: July 08, 2014, 03:06:18 AM »
If this fits better in Politics or Scandals - please move it.

The Republican research group America Rising is calling on the Clinton Foundation to make sweeping public disclosures about how it spends its money, after Hillary Clinton said she’s donated her six-figure speaking fees to her family’s nonprofit.

Clinton’s payments from universities have become controversial in the wake of an uproar over her $225,000 speaking fee from the University of Nevada, Las Vegas. School officials said over a week ago that the honorarium will be paid to the Bill, Hillary and Chelsea Clinton Foundation.

Some critics have questioned the propriety of accepting large speaking fees from universities at a time when tuitions and student debt are rising. In many cases, officials have said, the money was earmarked from a donor and not from tuition. Clinton said in recent days that she’s given those speaking fees, which are estimated at more than $2 million, to the foundation.

(Also on POLITICO: Searching for Hillary Clinton's big idea)

The foundation files IRS Form 990 (for tax-exempt organizations) annually, although America Rising executive Tim Miller said the one due last month had not yet been filed. Miller called for a more thorough accounting on a number of specific points.

“In the past, the Clinton Foundation has spent millions on opulent travel and lodging for her family, financed glitzy, celebrity-fueled donor events and paid key Democratic aides who would likely play key roles in her presidential campaign,” Miller said. “For Americans to credibly believe these speaking fees are being donated to charitable endeavors, the foundation must be transparent about how and where it has spent its millions since Hillary Clinton joined last year.”

Clinton aides declined to comment on the America Rising push.

The foundation became fodder for critics last year after media reports about an internal review of practices that was conducted in 2011. Clinton allies argue the foundation was always going to come under renewed scrutiny if she ran for president, but the speaking fees controversy has accelerated that process.

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Somebody paid attention to the suggestion to examine the money trail.
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