- Helsing
- Aug 23, 2003
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DON'T POST IN THE ELECTION THREAD UNLESS YOU JOE BIDEN
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Ya'll have probably talked about this on page 1900123890123 of one of those megathreads whose names are always changing but surely this deserves its own thread
Turns out, unbeknownst to Hilary, that one of things driving donations was the unique access it gave to the next POTUS
quote:
http://www.cnbc.com/2016/11/19/clinton-foundation-seen-at-a-crossroads-after-hillary-clintons-dashed-white-house-dreams.html
As emails disclosed by WikiLeaks laid bare internal concerns about how the Clinton Foundation's funding might impact the former Secretary of State's run for the Oval Office, former President Bill Clinton announced in August that the nonprofit would reject corporate and foreign donations if Hillary Clinton prevailed in her campaign.
Yet as the country prepares to inaugurate President-elect Donald Trump, the point may be moot at best, philanthropy experts told CNBC recently. That is because neither Clinton will occupy a prominent role in government in the immediate future—curtailing the willingness of at least some big donors to try and curry favor with the foundation by writing large checks.
Because Hillary Clinton is no longer seen as a president in waiting, contributors may look elsewhere and the foundation may have to rethink its scope and priorities, these experts say.
The foundation did not respond to numerous requests for comment from CNBC.
"I would expect there will be much greater difficulties in fundraising for the organization," Leslie Lenkowsky, a professor with Lilly Family School of Philanthropy at Indiana University, told CNBC in an interview.
Hillary Clinton "technically has no political prospects ahead of her. They're both important people, but dealing with a past president and future president were attractive to a number of donors," Lenkowsky said. Some of the largest checks came from a range of influential donors like the governments of Norway, Australia and Kuwait.
"Some of that goodwill will disappear, [and] they will have to raise money the old fashioned way, which is proving they deserve it," he added.
Turns out the gulf states weren't just giving the foundation millions of dollars because of all the good work they did in Haiti. Who'd a thunk it?
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Jan 20, 2017 03:51
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