"clinton foundation"The Clinton Foundation, set up by Bill, Hillary and now including their daughter Chelsea Clinton, has been at the centre of much speculation now for months and is still facing some challenging questions.

Thanks to Hillary Clinton formally announcing her intention to stand as a candidate for the Democratic nomination for the White house, she and her family have come under intense scrutiny – including the Clinton Foundation.

According to Reuters, the Clinton Foundation has acknowledged that the government funding totals omitted from their tax returns cannot be found on their website either, despite the foundation’s acting chief executive officer earlier suggesting they were available there.

This acknowledgement from the foundation shows that there have been no clear totals about government grants given to the foundation made available to the public for the last three years of Hillary Clinton’s four years as Secretary of State.

These charity rules are not only for the Clinton Foundation, it is required for all charities to reveal the amount of government funding they get from both home and abroad each year and the failure to do so by the foundation only goes to raise more questions about the financial goings on within the charity.

According to Reuters, shortly before taking office in 2009, Clinton promised the Obama administration heightened transparency concerning donors to her family’s charities to avoid accusations of conflicts of interests when she became the nation’s most senior diplomat. In recent months, the charities have said they did not comply with some parts of the agreement.

Reuters adds that back in April, Maura Pally, the foundation’s acting chief executive officer, said it was a mistake not to separately list government grants on its public tax forms for 2010, 2011 and 2012 after a Reuters review found errors, but added that the public could find the break-outs elsewhere.

Writing on the website of the foundation Maura Pally stated: “Those same grants have always been properly listed and broken out and available for anyone to see on our audited financial statements, posted on our website.”

It looks like the investigations and allegations about the foundation are set to roll on which can only be detrimental to the candidacy of Hillary Clinton, although at the moment she still remains the only contender to stand for the Democrats against an increasing field of Republican candidates.

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An avid reader, I consistently engage myself in the areas of current affairs and understanding of international relations, whilst at the same time, am interested in the area of economics and understanding the roles of economic concerns in the political economy. You can follow The Heralding on Twitter, Facebook, Pinterest & Google+. Alternatively subscribe to our newsletter to be kept up to date with the latest articles on the Heralding.

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