Popularly known as the “Bill, Hillary & Chelsea Clinton Foundation”, Clinton Foundation is a non-profit organization with a mission for improving the capacity of people in the USA. It has its offices located in Little Rock, Arkansas, and New York City. It has raised funds of over $2 billion from foreign government corporations and US corporations. Clinton Foundation primarily focuses on charitable brands.
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Founded in 1997 by former US President Bill Clinton, Clinton Foundation has approved legal status. It was mainly for fundraising and was also known as William J Clinton Foundation. In 2004, Bruce Lindsey became the chief executive officer of the Clinton Foundation. The success of the Clinton Foundation got the worldwide frame to Bill Clinton. Hillary Clinton joined the foundation in 2013 and started to work on issues regarding children and women. That same year, Eric Braceman became the CEO of the foundation.
It has been successful in launching multiple programs across the USA. Some of the important programs and initiatives are Clinton Health Access Initiative, Clinton Global Initiative, Clinton Climate Initiative, Clinton Development Initiative, Disaster Relief, and Clinton Health Matters Initiative. It accepts donations from anyone as it is a public organization. However, people have been confused along with the Clinton Family Foundation. Since its Inception, Clinton Foundation has contributed a lot.
The mission of the Clinton Foundation is public service. The operating foundation is to create economic opportunities, inspire civic engagement, and improve public health through strategic partnerships for implementing programs. It has made relief efforts in many natural disasters along with health crises like HIV/AIDS, diabetes, and heart disease.
It offers educational and cultural opportunities for the residents of Little Rock. Over the years, the Clinton Foundation has come up with many initiatives and has fought against deforestation. It has helped students in the form of scholarships and awards.
With the success of the foundation, Bill Clinton later came up with the Annual Clinton Global Citizen Awards. However, it was criticized for lack of transparency in 2007 and that it should come up with the names of donors. Clinton Foundation has also been a subject of other controversies including receiving donations from Middle-Eastern countries and Australian Government donations. Currently, Bill Clinton serves as the Chairman of the foundation. The vice-chair is Chelsea Clinton, and other board members include Lisa Jackson, Hadeel Ibrahim, Frank Giustra, and Eric Goosby.
Awards & Achievements
For its contribution to public service, the Clinton Foundation has been conferred with many honors. The foundation won the 2010 International Reflections of Hope Award by the Oklahoma National City Memorial & Museum. As a multi-dimensional organization, it has also received awards from different sectors.
Net Worth & Earnings of Clinton Foundation in 2022
As of 2022, The approximate net worth of the Clinton Foundation is $500 million. Clinton Foundation is active in many fields, and it receives donations from anyone. In 2018, it had revenue of over $20 million. The endowment in 2018 stood more than $292 million. Throughout the years, it has collected revenues worth millions.
In 2014, Clinton Foundation made revenue worth $338 million. It is a globally renowned foundation, and some of the primary donors include the Bill and Melinda Gates Foundation. It also came up with a project known as ‘No Ceilings: The Full Participation Project’. Since its inception, it has raised funds of more than $2 billion.
Clinton Foundation is still active and continues to help people in different fields. It has also acted as a medium of employing people. In 2015, the foundation had 2000 employees. By being active in different projects, it has helped students win scholarships. There were also efforts to raise funds by providing paid speeches. It is purely non-profitable, and none of the members from the Clinton family make san earning from the foundation.