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Where Does The Clinton Foundation Money Go

Top-Rated Charity

Program Percentage

Amount spent on programs
relative to overhead.

Cost to Raise $100

Amount spent to raise
$100 of contributions.

Contact Information

Clinton Foundation
1633 Broadway
5th Floor
New York, NY 10019

Other Names

Bill, Hillary & Chelsea Clinton Foundation
Clinton Climate Initiative
Clinton Development Initiative
Clinton Giustra Enterprise Partnership
Clinton Global Initiative
Clinton Health Matters Initiative
Too Small to Fail
William J. Clinton Presidential Center and Park

Stated Mission

Works with strategic partners to develop & implement programs that create economic opportunity, improve public health, and inspire civic engagement & service.

Ratings & Metrics

Data based on Fiscal Year Ended 12/31/2018

Program Percentage: 75%

The percentage of Clinton Foundation's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$47,000,000

Calculated Total Expenses

(rounded)

Cost to Raise $100: $15

How many dollars Clinton Foundation spends on fundraising to raise each $100 of contributions.

$19,000,000

Calculated Total Contributions

(rounded)

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

Financial Documents

Entity Document Type Tax ID
Bill, Hillary & Chelsea Clinton Foundation IRS Form 990 31-1580204
Bill, Hillary & Chelsea Clinton Foundation Consolidated Audited Financial Statements Multiple
Entity: Bill, Hillary & Chelsea Clinton Foundation
Document Type: IRS Form 990
Tax ID: 31-1580204
Entity: Bill, Hillary & Chelsea Clinton Foundation
Document Type: Consolidated Audited Financial Statements
Tax ID: Multiple

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.

Clinton Foundation
meets governance benchmarks.

Clinton Foundation
meets transparency benchmarks.

Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy Opt-In Policy

Top Salaries

Name Title Compensation
1 Bruce R. Lindsey Director $404,123
2 Maura Pally Executive VP, Programs $330,697
3 David L. King Chief Development Officer $307,543
1
Name: Bruce R. Lindsey
Title: Director
Compensation: $404,123
2
Name: Maura Pally
Title: Executive VP, Programs
Compensation: $330,697
3
Name: David L. King
Title: Chief Development Officer
Compensation: $307,543

Analysts' Notes

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

CharityWatch's rating of the Clinton Foundation includes the accounts consolidated in the Foundation's audited financial statements for the year ended 12/31/2018, which includes "the accounts of all program operating offices of the Clinton Foundation," as well as "the entities [in] which the Clinton Foundation maintains an economic interest in and financial control over including Acceso Worldwide Fund, Inc. and Acacia Development Co.," according to Note 1 of the 2018 consolidated audit. All intercompany balances and transactions have been eliminated upon consolidation in the audit.

According to the Clinton Foundation 2018 tax filing, the Foundation reports receiving donated in-kind goods on which it placed total a value of $1,093,489 (IRS Form 990, Schedule M).

[ Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on theOur Process page.]

According to the Clinton Foundation consolidated audit of December 31, 2018 (Note 15, Related party):

"The Clinton Foundation through its CGEP [Clinton Giustra Enterprise Partnership] initiative engages in certain charitable activities that are funded by Elevate Social Businesses ('Elevate', formerly Clinton Giustra Enterprise Partnership) . Elevate makes grants from time to time to the Clinton Foundation to carry out Elevate's and the Clinton Foundation's charitable goals. Neither entity controls the other; however, they share a common board member. During 2018, the Clinton Foundation received  $3,366,868 from Elevate."

According to the Clinton Foundation 2018 tax filing , the Foundation  reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III):

Regarding nonfixed payments to officers, directors, trustees, key employees and highest compensated employees (Schedule J, Part I, Line 7):

"The amounts included in Part II, Column B(II) [' Bonus & incentive compensation']  represent bonuses that were included in the 2018 W-2."


The bonuses referenced above were paid to 11 individuals in the amount of $3,000 each, according to the "Bonus & incentive compensation" for Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees reported by the Clinton Foundation ( IRS Form 990, Schedule J, Part II).


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Where Does The Clinton Foundation Money Go

Source: https://www.charitywatch.org/charities/clinton-foundation

Posted by: wilsoneigerstand.blogspot.com

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