Clinton Foundation Trying To Comeback
The Clinton Foundation is about to try to re-establish itself. The Foundation shut down after the 2016 election and laid off their staff. The upcoming Gala is selling tickets starting at $2,500 with a VIP Premium package priced at $100,000 which includes a table for 10 and invitations to the Clinton Foundation Annual Briefing.
The event, set to take place in New York City on May 24. The event will feature musicians Shaggy and Sting, who have recorded a reggae album together.
The Clinton Global Initiative, a branch of the foundation that had hosted an annual conference of prominent leaders, laid off 22 employees last year.
For the Clinton Foundation, the gala will hopefully be a turnaround, after the charity underwent intense scrutiny during the 2016 campaign, when Hillary Clinton was running for president. The foundation was criticized for taking millions from foreign countries, and on the campaign trail, Hillary Clinton faced questions about the pay-to-play allegations surrounding the family charity. The former secretary of state was accused of giving Clinton Foundation donors special access to the State Department during her tenure there.
The nonprofit came under fire following reports that Hillary Clinton, while she was secretary of state, signed off on a deal that allowed a Russian government enterprise to control one-fifth of all uranium producing capacity in the United States. Rosatom, the Russian company, acquired a Canadian firm controlled by Frank Giustra, a friend of Bill Clinton’s and member of the foundation board, who has pledged over $130 million to the Clinton family charity.
Critics also accused the foundation of mainly serving as a tool to boost liberal causes and the Clintons’ prestige. The Foundation was heavily criticized for it’s failure to live up to commitments to Haiti after that country’s devistating earthquake.
The Clinton Foundation’s finances are so messy that the nation’s most influential charity watchdogs, Charity Navigator, put it on its “watch list” of problematic nonprofits.
The Clinton family’s mega-charity took in more than $140 million in grants and pledges in 2013 but spent just $9 million on direct aid.
The group spent the bulk of its windfall on administration, travel, and salaries and bonuses, with the fattest payouts going to family friends.
Bill Allison, a senior fellow at the Sunlight Foundation, a government watchdog group said “It seems like the Clinton Foundation operates as a slush fund for the Clintons.”
The Clinton Foundation claims to benefit impoverished areas in Africa and the fight against HIV/AIDS.