No doubt you heard the pretend news trumpeting the exciting news that if the unspeakable should happen, and Hillary is elected president, the Clinton Foundation will no longer accept donations from foreigners or corporations.
Not so fast.
The largest program of the Clinton Foundation, the family philanthropy of U.S. Democratic presidential candidate Hillary Clinton, is still weighing whether to continue accepting foreign donations should Clinton be elected, a spokeswoman said on Friday.
It was reported on Thursday that the Clinton Foundation would no longer receive donations from foreigners or corporations if Clinton wins the election in November, an effort to defuse criticism that donors to the globe-straddling charity might inappropriately seek White House favors in return.
But representatives of the charities confirmed on Friday that the new guidelines would only apply to a small portion of the foundation’s activities, including its work on climate change and some of its work on economic development.
The Clinton Health Access Initiative (CHAI), the foundation’s flagship project credited with reducing the cost of life-saving HIV medicines in the developing world, is yet to decide if it will similarly introduce new limits on donors.
“CHAI is a separate legal entity from the Clinton Foundation with its own Board,” Regan Lachapelle, a CHAI spokeswoman, said in an email. “The CHAI Board will be meeting soon to determine its next steps.”
And then there’s the Canadian branch of the Clinton Foundation.
Similarly, a Canadian offshoot of the foundation, the Clinton Giustra Enterprise Partnership (Canada), or CGEP, will not be bound by the foundation’s donor limits, but said it will instead become an “independent entity” if Hillary Clinton becomes president.
CGEP, which says Canadian law prevents it from disclosing its donors’ names without their permission, was founded by Bill Clinton, the former U.S. president, and Canadian businessman Frank Giustra in 2007 to improve work opportunities for people in poor countries.
“If Secretary Clinton wins the election, we plan to spin CGEP into an independent entity to continue this important work,” Giustra said in a statement. “President Clinton and I believe it is important that we continue the work of alleviating poverty around the world.” The statement did not specify Bill Clinton’s future role.
This Giustra guy is the one who helped facilitate the transfer of 20 per cent of U.S. uranium supply to Russia, as was first reported in Peter Schweizer’s Clinton Cash.
Are you surprised? Didn’t think so.
Related: Just imagine how Clinton would excuse foreign donations as president | The Charlotte Observer (“There will be about 10 minutes of outrage, and then everyone will shrug and move on.”)