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Clinton Foundation Raised More Than $124 Million '07
posted 9:15 am Wed November 19, 2008
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Little Rock - Tax forms recently filed with the Internal Revenue Service show that former President Bill Clinton's nonprofit foundation raised more than $124 million last year.
Donations to the William J. Clinton Foundation face increased scrutiny as Hillary Rodham Clinton (web|news|bio) is being considered for secretary of state by President-Elect Barack Obama (web|news|bio), her former political rival. The foundation's forms were signed and dated by the foundation's chief financial officer on Friday, a day after Obama met with Hillary Clinton in Chicago.
The foundation reported that donations only dipped slightly since 2006, when it reported raising more than $135 million.
The foundation reported more than $252 million in assets and $140 million disbursed. The nonprofit funds Clinton's efforts on HIV-AIDS prevention and environmental policy as well as programs at his presidential library in Little Rock. The $165 million glass and steel library complex opened in November 2004.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
Donations to the William J. Clinton Foundation face increased scrutiny as Hillary Rodham Clinton (web|news|bio) is being considered for secretary of state by President-Elect Barack Obama (web|news|bio), her former political rival. The foundation's forms were signed and dated by the foundation's chief financial officer on Friday, a day after Obama met with Hillary Clinton in Chicago.
The foundation reported that donations only dipped slightly since 2006, when it reported raising more than $135 million.
The foundation reported more than $252 million in assets and $140 million disbursed. The nonprofit funds Clinton's efforts on HIV-AIDS prevention and environmental policy as well as programs at his presidential library in Little Rock. The $165 million glass and steel library complex opened in November 2004.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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