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Year, State Incorporated
1997, AR
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Also Known As
Bill, Hillary & Chelsea Clinton Foundation
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Affiliates
Clinton Foundation Hong Kong
Moyo Development Company
Moyo Nuts and Seeds Limited (Malawi)
Ruaha Development Company Limited (Tanzania)
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Stated Purpose
"to improve lives across the United States and around the world by working together with partners to create economic opportunity, improve public health, and inspire civic engagement and service."
Clinton Foundation reports that it works with businesses, governments, nongovernmental organizations, and individuals to improve global health and wellness, reduce childhood obesity, create economic opportunity and growth, inspire civic engagement and service, and help communities address the effects of climate change by implementing programs, facilitating opportunities and forming creative partnerships. The Clinton climate initiative collaborates with governments and partners to increase the resiliency of island nations and territories facing climate change by creating and implementing replicable and sustainable renewable energy sources. The Clinton development initiative creates economic opportunities for farmers by helping them increase their production and grow their businesses in Malawi, Rwanda, and Tanzania. The Clinton global initiative convenes leaders from the private sector, public sector, and civil society to create and implement solutions to pressing problems around the world. Building on the model of the Clinton global initiative, President Clinton launched the Clinton Global Initiative University (CGI U) to engage the next generation of leaders on college campuses around the world. The Clinton health matters initiative works to improve the health and well-being of people across the U.S. by activating individuals, communities, and organizations to make contributions to the health of others. The Foundation also runs the William J. Clinton Presidential Center and Park, an educational and cultural venue offering a variety of special events, exhibitions, educational programs, and lectures throughout the year. The organization's Too Small to Fail program is a national public awareness and action campaign to promote the importance of early brain and language development and to support parents with tools to talk, read, and sing with their young children from birth. Finally, the Alliance for a Healthier Generation empowers kids to develop lifelong healthy habits by ensuring the environments that surround them provide and promote good health.
For the year ended December 30, 2018, Clinton Foundation's program expenses were:
Civic service |
$17,797,750 |
Economic opportunity |
$13,201,971 |
Public health |
$6,624,472 |
Total Program Expenses: |
$37,624,193 |
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Chief Executive
Kevin Thurm, Chief Executive Officer
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Compensation*
$453,387
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Chair of the Board
WIlliam Clinton
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Chair's Profession / Business Affiliation
Former President of the United States of America
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Board Size
9
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Paid Staff Size
202
*2018 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Membership appeals, Planned giving arrangements
Fundraising costs were 18% of related contributions. (Related contributions, which totaled $20,175,044, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Clinton Foundation's audited financial statements - consolidated for the year ended December 30, 2018.
Source of Funds |
Contributions |
$21,305,219 |
Presidential Center |
$4,270,844 |
Grants |
$2,939,718 |
Other income |
$534,540 |
Net investment loss |
($8,875,277) |
Total Income |
$20,175,044 |
- Programs: 74%
- Administrative: 18%
- Fundraising: 6%
- Other: 2%
Total Income |
$20,175,044 |
Program expenses |
$37,624,193 |
Fundraising expenses |
$3,572,715 |
Administrative expenses |
$8,909,794 |
Other expenses |
$1,146,166 |
Total expenses: |
$51,252,868 |
Income in Excess of Expenses |
$-31,077,824 |
Beginning Net Assets |
$323,470,879 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$292,393,055 |
Total Liabilities |
$7,148,224 |
Total Assets |
$299,541,279 |
Note 1: In 2018, Clinton Foundation reports that it received $1,102,479 in contributed goods and services including conference-related expenses ($1,058,250), catering ($35,239), and transportation ($8,990).
Note 2: In the above financial section, "other expenses" represents provision for uncollectible pledges.