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In Charity and Politics, Clinton Donors Overlap
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hillarynews
Joined: 24 Jan 2007
Posts: 2255
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 Posted: Fri Dec 21, 2007 2:00 pm Post subject: In Charity and Politics, Clinton Donors Overlap |
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 In Charity and Politics, Clinton Donors Overlap
By: Don Van Natta Jr., Jo Becker and Mike McIntire.Over the last decade, former President Bill Clinton has raised more than $500 million for his foundation, allowing him to build a glass-and-steel presidential library in Little Rock, Ark., and burnish his image as an impresario of global philanthropy. The foundation has closely guarded the identities of its donors — including one who gave $31.3 million last year.Now, the secrecy surrounding the William J. Clinton Foundation has become a campaign issue as Senator Hillary Rodham Clinton seeks the Democratic presidential nomination with her husband as a prime source of strategy and star power. Some of her rivals argue that donors could use presidential foundations to circumvent campaign finance laws intended to limit political influence
Category: Top Story
By: Don Van Natta Jr., Jo Becker and Mike McIntire.Over the last decade, former President Bill Clinton has raised more than $500 million for his foundation, allowing him to build a glass-and-steel presidential library in Little Rock, Ark., and burnish his image as an impresario of global philanthropy. The foundation has closely guarded the identities of its donors — including one who gave $31.3 million last year.Now, the secrecy surrounding the William J. Clinton Foundation has become a campaign issue as Senator Hillary Rodham Clinton seeks the Democratic presidential nomination with her husband as a prime source of strategy and star power. Some of her rivals argue that donors could use presidential foundations to circumvent campaign finance laws intended to limit political influenceMr. Clinton himself echoed those concerns this fall when he pledged to make public future donors if Mrs. Clinton was elected president. While disclosure is not legally required, failure to do so, Mr. Clinton said, would raise “all these questions about whether people would try to win favor with her by giving money to me.”Even so, past donors should remain private, he insisted, “unless there is some conflict of which I am aware, and there is not.”But an examination of the foundation demonstrates how its fund-raising has at times fostered the potential for conflict.The New York Times has compiled the first comprehensive list of 97 donors who gave or pledged a total of $69 million for the Clinton presidential library in the final years of the Clinton administration. The examination found that while some $1 million contributors were longtime Clinton friends, others were seeking policy changes from the administration. Two pledged $1 million each while they or their companies were under investigation by the Justice Department. Other donations came from supporters who had been ensnared in campaign finance scandals surrounding Mr. Clinton’s 1996 re-election campaign.
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Source: The Hillary Project
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