Clinton Foundation Timeline

Clinton Cash: The Official Documentary Movie

Clinton Cash investigates how Bill and Hillary Clinton went from being “dead broke” after leaving the White House to amassing a net worth of over $150 million, with over $2 billion in donations to their foundation. This wealth was accumulated during Mrs. Clinton’s tenure as US Secretary of State through lucrative speaking fees and contracts paid for by foreign companies and Clinton Foundation donors.

1997 – President Bill Clinton creates the non-profit Clinton Foundation

The Clinton Foundation Logo (Credit: The Clinton Foundation)

The Clinton Foundation was founded in 1997 as the William J. Clinton Foundation also known as the Clinton library and located in Little Rock, Arkansas. From 2013 to 2015 it was briefly renamed the Bill, Hillary & Chelsea Clinton Foundation.

It is a non-profit organization with a stated mission to “improve lives across the United States and around the world to create economic opportunity, improve public health, and inspire civic engagement.”

According to the Clinton Foundation’s website, neither Bill Clinton nor his daughter, Chelsea Clinton draws any salary or receives any income from the Foundation. When Hillary Clinton was a board member she reportedly also received no income from the Foundation.

The Washington Post will note in 2015, “The foundation now includes 11 major initiatives, focused on issues as divergent as crop yields in Africa, earthquake relief in Haiti and the cost of AIDS drugs worldwide. In all, the Clintons’ constellation of related charities has raised $2 billion, employs more than 2,000 people and has a combined annual budget of more than $223 million.”  (Read more: Washington Post, 6/02/2015)

October 23, 2003 – The sordid history of Australia’s deals to ‘facilitate’ the Clinton Foundation’s access to Asia

Indian pharma executive and conman Nimmagad PRASAD on the right behind Clinton. Prior to the Clinton deal PRASAD bought a rundown Indian pharmaceutical company and renamed it Matrix Laboraties.

23 October 2003 The Clinton Foundation announced that it had negotiated price reductions for the supply of HIV/Aids drugs with the following companies:

  • Aspen Pharmacare Holdings Ltd., of Johannesburg, South Africa;
  • Cipla Ltd., of Mumbai, India;
  • Ranbaxy Laboratories Ltd., of Delhi, India; and
  • Matrix Laboratories Ltd., of Hyderabad, India.

The agreement covered antiretroviral drugs (ARVs) for delivery to African countries and the Caribbean through the Clinton Foundation HIV/AIDS Initiative. Business for those pharma companies went through the roof.

The deal with Clinton was very good for him.

He sold most of Matrix to the US pharma company Mylan and by 2006 had taken his initial investment of Indian Rs. 30Million ($500K AUD) to 5.7Billion ($110M AUD).

In 2012 he was charged with corruption and jailed for 17 months.

(Credit:The Indian Times, April 2013)

Ranbaxy’s history is worse.  By 2004 Ranbaxy was on notice of a formal investigation by the World Health Organisation over the sale by Ranbaxy of adulterated and worthless drugs labelled as the genuine article. In May 2013 Ranbaxy paid a record fine of USD $5ooM to settle the US Department of Justice criminal complaints.  As the final US DoJ details settling the long running and very public case against Ranbaxy were completed, Bill Clinton jetted off to India to give what he thought was a private paid speech praising Ranbaxy and its executives.

Australia is implicated in the Ranbaxy scandal.  On 23 March 2013 a DFAT official wrote to me:

Prior to 2013, a small amount of Australian aid money was expended on Ranbaxy pharmaceutical products in Papua New Guinea to support the PNG Government’s health programs.”

Kind regards

Media Liaison Officer

Department of Foreign Affairs and Trade

At least $100M of taxpayer funded Australian aid money has been used in the purchase of pharmaceuticals under a relationship established between the Clinton Foundation and the Australian Government in February 2006.   That is in addition to amounts donated directly to the Clinton Foundation.

Prior to his jailing, the pharmaceutical purchases were explained by Matrix Laboratories Mr Prasad, speaking here to DNA India in 2009.” (Read much more: Michael Smith News, 8/15/2016)

September 6, 2005 – After mining deal, financier secretly donates to Clinton

Former President Bill Clinton with Sir Tom Hunter, left, and Frank Giustra, major donors to the William J. Clinton Foundation (Credit: Evelyn Hockstein/New York Times)

“Late on Sept. 6, 2005, a private plane carrying the Canadian mining financier Frank Giustra touched down in Almaty, a ruggedly picturesque city in southeast Kazakhstan. Several hundred miles to the west a fortune awaited: highly coveted deposits of uranium that could fuel nuclear reactors around the world. And Mr. Giustra was in hot pursuit of an exclusive deal to tap them.

Unlike more established competitors, Mr. Giustra was a newcomer to uranium mining in Kazakhstan, a former Soviet republic. But what his fledgling company lacked in experience, it made up for in connections.  Accompanying Mr. Giustra on his luxuriously appointed MD-87 jet that day was a former president of the United States, Bill Clinton.”

Within two days, corporate records show that Mr. Giustra also came up a winner when his company signed preliminary agreements giving it the right to buy into three uranium projects controlled by Kazakhstan’s state-owned uranium agency, Kazatomprom.

The monster deal stunned the mining industry, turning an unknown shell company into one of the world’s largest uranium producers in a transaction ultimately worth tens of millions of dollars to Mr. Giustra, analysts said.

Just months after the Kazakh pact was finalized, Mr. Clinton’s charitable foundation received its own windfall: a $31.3 million donation from Mr. Giustra that had remained a secret until he acknowledged it last month. The gift, combined with Mr. Giustra’s more recent and public pledge to give the William J. Clinton Foundation an additional $100 million, secured Mr. Giustra a place in Mr. Clinton’s inner circle, an exclusive club of wealthy entrepreneurs in which friendship with the former president has its privileges.”  (Read more: The New York Times, 01/31/2008)

September 18, 2006 – Giustra says his chips are on Bill Clinton who is a “worldwide brand, and he can do things that no one else can.”

Bill Clinton & Frank Giustra (Credit: C Shannon Stapleton/Reuters)

[…]”Several tables away, I was talking with Frank Giustra, a mining financier based in Vancouver, who started, ran, and sold Lions Gate Films. Giustra is in his late forties. He is short and trim and has close-cut white hair. The plane in which Clinton was touring Africa was Giustra’s, an MD-87 jet, complete with leather furniture and a stateroom. Giustra told me that he was still heavily involved in business—he travels frequently to Kazakhstan, to check on mining interests he has there—but that his wife had been pushing him to give away more of his money.

“All of my chips, almost, are on Bill Clinton,” he said. “He’s a brand, a worldwide brand, and he can do things and ask for things that no one else can.”

Clinton is the first post-President to tap into the newer generation of wealth—the hedge-fund and retail moguls, who have bigger planes to lend and more cash to burn than their upper-class predecessors ever had. Ronald Burkle, a supermarket tycoon, is another frequent travelling companion and airplane lender; Burkle made Clinton a partner in one of his investment funds. Clinton’s appeal for these tycoons is obvious: in exchange for giving money to a good cause—the Clinton Foundation’s budget last year was thirty million dollars—you not only have the usual tax break and the knowledge that you are doing good but also get to play Oh Hell until five in the morning with a two-term ex-President who knows how to have a good time. You become a certified Friend of Bill, which still has some currency, six years after one Clinton White House and, possibly, two years before another. Writing a check to the March of Dimes hardly provides the same multi-layered reward.” (Read more: The New Yorker, 09/18/2018)

2007 – The Bill, Hillary & Chelsea Clinton Private Rooftop Garden: An Obscene Violation Of Charity Law & Principles

A view of the rooftop garden At the Clinton Presidential Library. (Credit: Google Earth)

“At least as far back as the days of decadent Roman emperors such as Nero and Caligula, elaborate gardens have been notorious as an unseemly indulgence by those with wealth or power or both. It is easy to understand why, for though a small herbal garden adds charm to even a humble home, the notion that people who purport to care about the country they govern or have governed would squander public resources on an ornamental garden for personal pleasure can well be taken to epitomize the sort of arrogance that ultimately leads to revolution. Such is the case with the 14,000 square foot rooftop garden that the Clinton Foundation (the legal name of which is the Bill, Hillary & Chelsea Clinton Foundation) had installed on the rooftop of the Presidential library in Little Rock Arkansas (the “Rooftop Garden”).

A view of the private residence atop the library in Little Rock, Arkansas. (Credit: Anndrea Morales/The New York Times)

Though there was some publicity about the Rooftop Garden when it was installed back in 2007, hardly anyone knows that it exists. That is because it is private. That should strike anyone — regardless of political persuasion — as being problematic if not disgusting given that it would appear to have been financed entirely by donations to what is ostensibly a charitable foundation. Exactly how it was financed is not known because the financial records of the Clinton Foundation are a joke. A serious professional audit of them began only a few years ago, but the firm hired to conduct the audit, Pricewaterhousecoopers (PWC), did not delve deeply into the past: its audit covered only 2010 and later. By stopping there PWC effectively implied that no “financial statement” of the Clinton Foundation prior to 2010 can be trusted.

Uncovering The Obscene Violation Of Charity Law & Principles The Rooftop Garden Constitutes

The fact that there is a private penthouse on top of the Presidential library in Little Rock is relatively well known. Even the New York Times admits to knowing about it:

(Read more: Stuart Dean, 9/10/2017)

August, 2007 – The Clinton Giustra Enterprise Partnership effectively shielded the identities of donors

“Aides to former President Bill Clinton helped start a Canadian charity that effectively shielded the identities of donors who gave more than $33 million that went to his foundation, despite a pledge of transparency when Hillary Rodham Clinton became secretary of state.

The nonprofit, the Clinton Giustra Enterprise Partnership (Canada), operates in parallel to a Clinton Foundation project called the Clinton Giustra Enterprise Partnership, which is expressly covered by an agreement Mrs. Clinton signed to make all donors public while she led the State Department. However, the foundation maintains that the Canadian partnership is not bound by that agreement and that under Canadian law contributors’ names cannot be made public.

The foundation cited that restriction last weekend in explaining why it did not disclose $2.35 million in donations from the chairman of Uranium One, the subject of an article in The New York Times last week. The article examined how company executives and shareholders had sold a majority stake in the company — and with it a significant portion of American uranium reserves — to an arm of the Russian government in a deal that required the approval of the United States government.”

[…]”The partnership, established in 2007, effectively shielded the identities of its donors — and the amount they gave — by allowing them to bundle their money together in the offshoot Canadian partnership before it was passed along to Clinton Foundation programs. The foundation, in turn, names only the partnership as the source of those funds.”  (Read more: New York Times, 4/29/2015)

August, 2007 – A second Canadian offshoot effectively shielded the identities of its donors to the Clinton Foundation

Clinton Giustra Enterprise Partnership (Canada) Logo. (Credit: Clinton Foundation)

“Aides to former President Bill Clinton helped start a Canadian charity that effectively shielded the identities of donors who gave more than $33 million that went to his foundation, despite a pledge of transparency when Hillary Rodham Clinton became secretary of state.

The nonprofit, the Clinton Giustra Enterprise Partnership (Canada), operates in parallel to a Clinton Foundation project called the Clinton Giustra Enterprise Partnership, which is expressly covered by an agreement Mrs. Clinton signed to make all donors public while she led the State Department. However, the foundation maintains that the Canadian partnership is not bound by that agreement and that under Canadian law contributors’ names cannot be made public.

The foundation cited that restriction last weekend in explaining why it did not disclose $2.35 million in donations from the chairman of Uranium One, the subject of an article in The New York Times last week. The article examined how company executives and shareholders had sold a majority stake in the company — and with it a significant portion of American uranium reserves — to an arm of the Russian government in a deal that required the approval of the United States government.

[…]”The partnership, established in 2007, effectively shielded the identities of its donors — and the amount they gave — by allowing them to bundle their money together in the offshoot Canadian partnership before it was passed along to Clinton Foundation programs. The foundation, in turn, names only the partnership as the source of those funds.”  (Read more: The New York Times, 04/29/2015)

September 28, 2007 The Clintons are mum on donors

The William J. Clinton Library (Credit: public domain)

Bill Clinton is showing no inclination to disclose the names of the people whose sizable donations helped construct his $165 million presidential library.

In a surreal moment during Wednesday night’s Democratic debate, Hillary Rodham Clinton was asked about the fact that her husband’s foundation and library refuse to disclose the names of the people who have chipped in, sometimes to the tune of millions of dollars — any of whom might want to curry favor with the family of the next president. Moderator Tim Russert asked why her husband had not voluntarily made the donor list public even if the law does not require it, given the potential for conflict.

“You’ll have to ask them,” said the senator from New York.

“What’s your recommendation?” Russert asked.

“Well, I don’t talk about my private conversations with my husband,” she responded.” (Read more: Washington Post, 09/28/2007)