…AND THE CLINTON FOUNDATION DEFENDED ITS PARTNERSHIPS WITH BOTH FOREIGN AND DOMESTIC CORPORATE INTERESTS Clinton Foundation: “Many Of The Corporations Named In The Wall Street Journal Article Have Partnered With Non-Profit Organizations, Other Corporations, And Public Sector Entities On Commitments To Action That Are Making A Huge Positive Impact.” [Clinton Foundation, 2/19/15] Clinton Foundation: “In Fact, A Recent Survey Of All CGI Commitments Revealed That Partnerships Across Sectors Often Increase The Likelihood Of A Project Achieving Its Objectives.” [Clinton Foundation, 2/19/15] Clinton Foundation: “CGI Members Have Formed Partnerships That Have Made Tremendous…Improving Educational Opportunities For 36.5 Million People; Expanding Access To Capital For 3.1 Million People; And Increasing Opportunities Of Various Kinds For 2.8 Million Women And Girls.” [Clinton Foundation, 2/19/15] CLINTON FOUNDATION STAFF Bill Clinton: “We Currently Have 2,100 Staff And Volunteers In A Total Of 36 Countries.” “In 2011, after ten years of rapid growth, we decided we needed to review our organization and management practices. As many companies and organizations have done, we engaged an outside firm – Simpson Thacher – to help us review both our governance approach and internal operating practices. Essentially, the review said we needed stronger management staff full-time in New York, where most of our U.S.-based staff are located, and a larger, more independent board. We currently have 2,100 staff and volunteers in a total of 36 countries.” [Bill Clinton Letter, Clinton Foundation, 8/16/13] Clinton Foundation Has Kept “Overhead Costs… At About A Low 8 Percent For Most Of The Last Decade, Rising Only To Above 11 Percent In 2012 As We Invested To Support Our Growth.” “The review told us that my passion to keep overhead costs down – at about a low 8 percent for most of the last decade, rising only to above 11 percent in 2012 as we invested to support our growth – had gone on too long and that the Foundation needed better coordination without dampening the entrepreneurial spirit that infuses all our initiatives.” [Bill Clinton Letter, Clinton Foundation, 8/16/13] Clinton Foundation: Clinton Health Access Initiative “Employs 965 People Around The Globe.” [Clinton Foundation, IRS Form 990, 11/19/14] CLINTON FOUNDATION INVESTMENTS SUMMARY Year1 Total Investments Equity securities Certificates of deposit Endowment funds Programmatic investments Other Investment Return Investment Income 2013 18,369,258 0 1,545,585 14,649,160 2,174,513 719,260 159,457 2012 3,449,166 7,500 1,811,109 292,3022 1,363,066 521,106 487,358 2011 2,640,096 7,500 200,000 267,491 2,165,105 164,826 68,423 2010 645,630 304,026 238,026 52,088 2009 468,304 260,804 204,096 196,780 2008 1,460,988 233,301 2,576,4563 1 Unless otherwise noted, information for each year is from the following year’s IRS 990 (i.e. 2009 information is from the 2009-10 IRS Form 990, released in 2011). 2 Schedule D, Part V, 2012. [Clinton Foundation, IRS Form 990, 9/10/13]
Clinton Foundation Vulnerabilities Master Doc part 1 JB edits Page 12 Page 14