DONOR INPUT Clinton Foundation Did Not Maintain Any Donor-Advised Funds. “Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?...No” [Clinton Foundation, IRS Form 990, 11/19/14]15 Clinton Foundation Planned On Adopting Policies To “Ensure That Endowment Funds And Their Related Returns Are Spent In Accordance With UPMIFA And Donor’s Intent.” “During 2014, the Foundation’s newly formed Investment Committee will approve and adopt investment policies and procedures to ensure that endowment funds and their related returns are spent in accordance with UPMIFA and donor’s intent and maintain the appropriate amount of risk and return for the Foundation’s purposes. The Foundation has not used or invested any of the endowment funds received (or any net appreciation from these funds classified in temporarily restricted net assets) during 2013 and will not do so until the Investment Committee approves and adopts the appropriate investment policies. For this reason, all endowment funds received during 2013 are held in cash and cash equivalents.” [Clinton Foundation, IRS Form 990, 11/19/14] INVESTMENT MANAGEMENT 2013: Clinton Foundation Reported $0 Spent On Investment Management. [Clinton Foundation, IRS Form 990, 11/19/14]16 DONATED INVESTMENTS Donated stocks do not appear to be included in total investments as listed in annual IRS 990 forms, but they are listed as noncash property contributions. 2007: Clinton Foundation Received Approximately $1.19 Million In Donated Stocks. [Clinton Foundation, IRS Form 990, 12/12/08] 2006: Clinton Foundation Received $530,668 In Donated Stocks. [Clinton Foundation, IRS Form 990, 11/14/07] 2005: Clinton Foundation Received Approximately $10.03 Million In Donated Stocks. [Clinton Foundation, IRS Form 990, 6/9/06] 2004: Clinton Foundation Received Approximately $6.28 Million In Donated Stocks. [Clinton Foundation, IRS Form 990, 9/23/05] 15 This is true for every year for which 990s are available. (2003-2013). 16 True for every year for which this information is available (2008-2013).
Clinton Foundation Vulnerabilities Master Doc part 1 JB edits Page 17 Page 19