2aguy
Diamond Member
- Jul 19, 2014
- 111,988
- 52,279
- 2,290
Yep...the rules don't apply to the clinton crime family.......they have even corrupted a charity watch dog group....
Foundation’s Board Gave Clintons Lifetime Rule Over $109M Non-Profit
Clinton Foundation officials created lifetime “Category A” positions for the former first family on the controversial non-profit’s board of directors in November 2013 that appear to violate IRS regulations barring individuals from using tax-exempt groups for their private benefit, according to documents reviewed by The Daily Caller News Foundation’s Investigative Group.
Federal regulations require, for example, that “a governing board should include independent members and should not be dominated by employees or others who are not, by their very nature, independent individuals because of family or business relationships.”
The regulations also warn that the IRS “reviews the board composition of charities to determine whether the board represents a broad public interest, and to identify the potential for insider transactions that could result in misuse of charitable assets.”
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foundation has a board code of conduct and conflict-of- interest policy that help implement the IRS guidance and good governance principles; these apply to all board members … the vast majority of our board members are independent.”
But the foundation’s most recent 990 lists as Category B board members such long-time Clinton insiders as Bruce Lindsey, Cheryl Mills, former EPA Administrator Lisa Jackson and Donna Shalala, former Secretary of Health and Human Services under President Clinton, as well as veteran Clinton political funders and allies Cheryl Saban, Eric Goosby and Canadian Frank Guistra.
Shalala was also the foundation’s president in 2015. All but Shalala were on the 14-member board that approved the changes. Among the additional members in 2013 were Democratic Virginia Gov. Terry McAuliffe, the long-time Clinton fund raiser who helped the couple buy the mansion they own in Chappaqua, N.Y.
The current lineup thus assures the Clinton family at least a controlling 9-2 majority on the foundation’s governing board. An IRS spokesman did not respond to TheDCNF’s request for comment.
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And here is how they corrupted Charity Navigator....
Regarding concerns about financial and other abuses arising from a lack of board independence, the spokesman pointed to the foundation’s high rating by Charity Navigator, saying “we’re rated four stars both overall and for accountability and transparency specifically.”
Questions have been raised, however, about Charity Navigator’s objectivity because, as TheDCNF’s Investigative Group previously reported, the foundation waived a $20,000 annual fee for the philanthropy evaluator, thus allowing it to participate in the non-profit’s glitzy Clinton Global Initiative (CGI) meetings from 2012 to 2014.
Having a presence at the CGI meetings in New York provided Charity Navigator with networking and fund-raising opportunities among many of the world’s wealthiest philanthropists and influential public officials, activists, media figures and celebrities.
In addition, TheDCNF found no evidence that any states other than Georgia, Michigan and Pennsylvania were informed of the new board structure, despite rigorous requirements in states like New York, California and Florida that they be promptly and specifically told of major changes in a tax-exempt non-profit’s governing documents.
Foundation’s Board Gave Clintons Lifetime Rule Over $109M Non-Profit
Clinton Foundation officials created lifetime “Category A” positions for the former first family on the controversial non-profit’s board of directors in November 2013 that appear to violate IRS regulations barring individuals from using tax-exempt groups for their private benefit, according to documents reviewed by The Daily Caller News Foundation’s Investigative Group.
Federal regulations require, for example, that “a governing board should include independent members and should not be dominated by employees or others who are not, by their very nature, independent individuals because of family or business relationships.”
The regulations also warn that the IRS “reviews the board composition of charities to determine whether the board represents a broad public interest, and to identify the potential for insider transactions that could result in misuse of charitable assets.”
------------------------------
foundation has a board code of conduct and conflict-of- interest policy that help implement the IRS guidance and good governance principles; these apply to all board members … the vast majority of our board members are independent.”
But the foundation’s most recent 990 lists as Category B board members such long-time Clinton insiders as Bruce Lindsey, Cheryl Mills, former EPA Administrator Lisa Jackson and Donna Shalala, former Secretary of Health and Human Services under President Clinton, as well as veteran Clinton political funders and allies Cheryl Saban, Eric Goosby and Canadian Frank Guistra.
Shalala was also the foundation’s president in 2015. All but Shalala were on the 14-member board that approved the changes. Among the additional members in 2013 were Democratic Virginia Gov. Terry McAuliffe, the long-time Clinton fund raiser who helped the couple buy the mansion they own in Chappaqua, N.Y.
The current lineup thus assures the Clinton family at least a controlling 9-2 majority on the foundation’s governing board. An IRS spokesman did not respond to TheDCNF’s request for comment.
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And here is how they corrupted Charity Navigator....
Regarding concerns about financial and other abuses arising from a lack of board independence, the spokesman pointed to the foundation’s high rating by Charity Navigator, saying “we’re rated four stars both overall and for accountability and transparency specifically.”
Questions have been raised, however, about Charity Navigator’s objectivity because, as TheDCNF’s Investigative Group previously reported, the foundation waived a $20,000 annual fee for the philanthropy evaluator, thus allowing it to participate in the non-profit’s glitzy Clinton Global Initiative (CGI) meetings from 2012 to 2014.
Having a presence at the CGI meetings in New York provided Charity Navigator with networking and fund-raising opportunities among many of the world’s wealthiest philanthropists and influential public officials, activists, media figures and celebrities.
In addition, TheDCNF found no evidence that any states other than Georgia, Michigan and Pennsylvania were informed of the new board structure, despite rigorous requirements in states like New York, California and Florida that they be promptly and specifically told of major changes in a tax-exempt non-profit’s governing documents.