Posted by: maboulette | September 17, 2016

The Clinton Foundation vs The Trump Foundation


hillary

The Clinton Foundation, the charitable enterprise of the Clinton library that has been the subject of intense examination about possible conflicts for the Democratic presidential nominee.

Pay to Play

There are accusations that Sec Hillary Clinton conferred benefits on contributors to the foundation in some sort of “pay to play” scandal while secretary of state, but that makes no sense because there was no “pay.”

Public disclosure

Money contributed to the Clinton Foundation was disclosed publicly and went to charitable efforts, such as fighting neglected tropical diseases that infect as many as a billion people. It also goes to the latest in HIV/AID drugs donated to those in 3rd World countries when these drugs are most needed.

Initiatives

Accord to Fact Check, the foundation also gives to train African rural farmers and help them have access to seeds, equipment as well as how to market their crops.

Climate Initiative

The Climate Initiative helps governments in Africa and the Caribbean regions in reforestation efforts and in island nations the foundation helps develop renewable energy project.

Health Matters

The foundation has a Health Initiative known as Health Matters working with local businesses and governments in the United States to develop wellness and physical activity plans.

Audited

The Clinton Foundation financials were audited by Price, Waterhouse & Coopers, the global independent accounting company, and the foundation’s tax filings show that about 90 percent of the money it raised goes to charitable programs. (Trump & over Republican candidates during the primaries have falsely claimed that it was only 10 percent and that the rest was used as a Clinton “slush fund.”)

Work for free

No member of the Clinton family has received any cash from the Clinton Foundation, nor did it finance any political campaigns. In fact, like the Clintons, almost the entire Board of Directors works for free.

Trump Foundation

New York Attorney General Eric Schneiderman’s office is investigating Donald Trump’s charitable foundation “to make sure it’s complying with the laws governing charities in New York,” he said.

Investigation

“We’ve inquired into it,” Schneiderman told CNN’s Jake Tapper on “The Lead.” “We’ve had correspondence with them. I didn’t make a big deal out of it or hold a press conference. But we have been looking into the Trump Foundation to make sure it’s complying with the laws governing charities in New York.” 

Inquiry

The inquiry comes amid a series of articles by The Washington Post that Trump spent money from his charity, The Donald J. Trump Foundation, on himself, used it to recycle others’ contributions to make them appear to have come from him and hasn’t given to the foundation since 2008. 

Articles 

In another article, The Post had reported that the beneficiaries of five charitable contributions listed by the Trump Foundation had no record of receiving those donations. But the newspaper updated its report after CNN questioned the accuracy of three of the five donations it had cited. 

“My interest in this issue really is in my capacity as regulator of non-profits in New York State and we have been concerned that the Trump Foundation may have engaged in some impropriety from that point of view,” Schneiderman said. 

The Trump campaign called Schneiderman “a partisan hack who has turned a blind eye to the Clinton Foundation for years and has endorsed Hillary Clinton.” 

IRS 

The IRS fined the Trump Foundation $2,500 earlier in September for making a $25,000 political donation to a group supporting the campaign of Florida Attorney General Pam Bondi in 2013. At the time, Bondi’s office was reviewing allegations into Trump University and considering opening an investigation. 

A formal investigation was never opened, and Trump and Bondi have both said there was no wrongdoing and said the donation was not tied to any favors. 

Democrats on the House Judiciary Committee Tuesday sent a letter asking Attorney General Loretta Lynch to open an investigation into the Trump donation to Bondi. 

The New York attorney general’s office and Trump’s foundation have been corresponding since June, four letters CNN obtained from a source familiar with the correspondence show. 

The correspondence begins with a June 9 letter from the attorney general’s office to both Trump’s presidential campaign and his foundation. The letter, from Assistant Attorney General Karin Kunstler Goldman, asks for information related to the $25,000 donation to “And Justice for All,” — the pro-Bondi PAC — including “the dates, amounts and recipient of any political contributions made by your organization from January 1, 2013 to the present.” 

Trump Foundation Treasurer Allen Weisselberg replied to the request in a June 28 letter, saying the contribution “was made in error due to a case of mistaken identity involving organizations with the same name.”  Weisselberg asserts the foundation and Trump learned of the mistake in March 2016 after seeing it in the media and Trump paid the excise tax due with a personal check.  “This was an isolated occurrence,” Weisselberg added. “From January 1, 2013 to the present, there have been no other similar incidents.” 

Goldman replies in a July 15 letter asking for all documentation related to the “And Justice for All” contribution.  On July 25, the attorney general’s office receives a letter from Sheri A. Dillon, partner at law firm Morgan, Lewis & Bockius LLP complying with the requests.

These are the documented differences between the foundations that the two presidential candidates have.

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