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)