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Clintons' Charity Not Listed On Senate Disclosure Forms
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Candidate
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| Contributor | None Entered |
| Last Edited | None Entered Feb 27, 2007 08:57am |
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| Category | News |
| Media | Newspaper - Washington Post |
| News Date | Tuesday, February 27, 2007 02:55:00 PM UTC0:0 |
| Description | By John Solomon and Matthew Mosk
Washington Post Staff Writers
Tuesday, February 27, 2007; Page A01
Sen. Hillary Rodham Clinton and former president Bill Clinton have operated a family charity since 2001, but she failed to list it on annual Senate financial disclosure reports on five occasions.
The Ethics in Government Act requires members of Congress to disclose positions they hold with any outside entity, including nonprofit foundations. Hillary Clinton has served her family foundation as treasurer and secretary since it was established in December 2001, but none of her ethics reports since then have disclosed that fact.
The charitable foundation she operates with former president Bill Clinton has enabled the couple to write off $5 million from their taxable income since 2001.
Sen. Hillary Rodham Clinton (D-N.Y.) at a recent book-signing. The charitable foundation she operates with former president Bill Clinton has enabled the couple to write off $5 million from their taxable income since 2001. (By Jason Decrow -- Associated Press)
The Clinton Family Foundation's Tax
Building a Foundation
The Clinton Family Foundation, created in 2001, was seeded with more than $5 million in personal money. It was not listed on Sen. Hillary Rodham Clinton's financial disclosure forms.
The foundation has enabled the Clintons to write off more than $5 million from their taxable personal income since 2001, while dispensing $1.25 million in charitable contributions over that period.
Clinton's spokesman said her failure to report the existence of the family foundation and the senator's position as an officer was an oversight. Her office immediately amended her Senate ethics reports to add that information late yesterday after receiving inquiries from The Washington Post.
"The details of the Clintons' charitable family foundation and Senator Clinton's role in it have always been publicly available, but, in an oversight that leaders of both parties have ma |
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