BREAKING : Clinton Foundation FOREIGN Donors Expected “Benefits In Return for Gifts”
An independent “governance review” conducted by a prominent law firm specializing in philanthropic matters concluded that the Clinton Foundation had a feckless “rubber stamp” board of directors and that most foreign donors had “an expectation of a quid pro quo benefits in return for gifts.”
From Daily Caller:
The blistering review — made public Thursday by WikiLeaks — described a tax-exempt public foundation with none of the independent oversight required under federal charity law. The Clinton Foundation reported $187 million in net assets in 2011.
The decision to conduct the review was bitterly opposed by Bill Clinton’s long-time friends and political advisers. (RELATED: WIKILEAKS: Bill’s Old Cronies Fought Chelsea’s Clinton Foundation Reforms)
The review was conducted by the New York law firm of Simpson Thacher and was requested by Chelsea Clinton who had profound misgivings about the operation of her parent’s foundation. Leading the review was Victoria Bjorklund, one of the nation’s top-ranked legal experts on good-governance practices for foundations and charities. She came out of retirement to lead the review.
She created and previously headed Simpson’s tax-exempt group which advises public charities, private foundations, boards, and donors. Bjorklund was named “2014 Nonprofit Lawyer of the Year” by Best Lawyers Magazine.
Simpson Thacher found numerous weaknesses in the Clinton Foundation’s management structure, including a board consisting entirely of insiders loyal solely to Bill and Hillary Clinton, the board’s failure to oversee finances properly, inherent conflict of interests and the use of audits based on cash accounting rather than the federally mandated accrual basis. (RELATED: Clinton Foundation Ignored All ‘Best Practices’ For Good Governance)
But most serious disclosure in the review was that donors expected a “quid pro quo” in return for their contributions. “Some interviewees reported conflicts of those raising funds or donors, some of whom may have an expectation of quid pro quo benefits in return for gifts.”
This is more of the “pay to play” money scam Clinton was running out of the state department.
….and people are actually supporting her.
Shocking.
Amy Moreno is a Published Author, Pug Lover & Game of Thrones Nerd. You can follow her on Twitter here and Facebook here.
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It is beyond amazing how a group of powerful people—linked like a chain—famously Clintons, have managed to ruin the REPUTATION of the UNITED STATE, around the world!!
They have done so, by deep and irrefutable corruptions—–politicians, ex-president,
ex- Secretary of State, justice Dept, FBI and majority of News Media—coverups ( at the highest level ), phony policies ( for personal gains & as favors )—–but above all, putting this country and it’s true principals up for AUCTION to the highest BIDDERS!!!
When something was needed, I can hear KING FAHAD of SAUDIA ARABIA ordeing his Treasury MinIster, to pass on FEW MILLIONS TO CLINTONS and solve the problem!!
And to think that RYAN’S WORLD was CRUMBLED, when TRUMP’S tape came out—-another CORRUPT politician in this CHAIN LINK—-is above and beyond anger!!!!
What is shocking is how many of you gullible rightwing idiots swallow anything without links to the documents being referenced. Or take words completely out of context. Amazing
And it’s amazing how how you left wingers believe anything the left wing media says. Check out Judicial Watch. They have facts and references.
And read charity navigator owner donates to Clinton Foundation, so of course they rate them good.
And also something about Comey use to work for others who “audited” them.
And what about the millions given to the Foundation from the Saudi’s?
The whole foundation and family is corrupt. How can anyone want them in the White House? (Especially Bill AGAIN!)
DAVID,
When we, as you put it “gullible” rightwingers, make comments, we search and find the actual E-mails or already have read the facts, before making the comments!
The most AMAZING thing about you people is the lazyness in fact finding!! You and your likes are only good in parroting, attacking and making an absolute IDIOT OUT OF YOURSELVES!!!
SAUDIES ARE THE HIGHEST SINGLE DONERS TO HILLARY’S FOUNDATION—DO YOUR HOMEWORK!
IN APRIL OF 2012, BILL GOT A CHECK FOR A MILLION DOLLARS, FROM QATAR—AS A BIRTHDAY GIFT—WHICH THEY HAD “PROMISED” HIM FROM THE PREVIOUS YEAR ( 2011 )—READ THE E MAIL!!!
BY THE WAY, 2011 ( THE YEAR BILL WAS GIVEN THAT PROMISE ), WAS THE YEAR OF ONSET OF VIOLENCE IN LYBIA—-HILLARY’S GENIUS IDEA TO CREATE MORE WAR—AND QATAR WAS INVOLVED IN THAT OPRATION!!
AND ONE WONDERS WITH ALL THE DISPLACED PEOPLE, BY THAT WAR, WHY BILL GOT A BIRTHDAY GIFT FROM AN ARAB NATION!!!
DO NOT MAKE A FOOLISH STATMENT, IF YOU DO NOT KNOW YOUR FACTS!!! THEN, YOU REALLY LOOK LIKE AN IDIOT!!!
CORRECTION: LAZINESS
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