It's called philanthropy | Arkansas Blog

Monday, April 7, 2008

It's called philanthropy

Posted By on Mon, Apr 7, 2008 at 10:36 AM

Max had difficulty signing on, so I'm passing this along from him:

Re: some typically uninformed comments on this subject: Here's a link to the most recent IRS Form 990 filed by the Clinton Family Foundation. http://www.guidestar.org/FinDocuments/2006/300/048/2006-300048438-032527ad-F.pdf You won't find anything that looks like expense coverage for the Clintons. You will find pages of contributions to a number of conventional charities, from churches to the Bush-Clinton Katrina relief fund. Check it out. Guidestar also has on file all the 990 reports from previous years, which tend to reflect similar use of the charitable funds contributed to the foundation. It is a self-directed charity, no more or less. Many people do exactly the same thing with smaller assets by setting up funds through the Arkansas Community Foundation.

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