2013: Clinton Foundation Reported $0 Spent On Investment Management. [Clinton Foundation, IRS Form 990, 11/19/14]16
DONATED INVESTMENTS
Donated stocks do not appear to be included in total investments as listed in annual IRS 990 forms, but they are listed as noncash property contributions.
2007: Clinton Foundation Received Approximately $1.19 Million In Donated Stocks. [Clinton Foundation, IRS Form 990, 12/12/08]
2006: Clinton Foundation Received $530,668 In Donated Stocks. [Clinton Foundation, IRS Form 990, 11/14/07]
2005: Clinton Foundation Received Approximately $10.03 Million In Donated Stocks. [Clinton Foundation, IRS Form 990, 6/9/06]
2004: Clinton Foundation Received Approximately $6.28 Million In Donated Stocks. [Clinton Foundation, IRS Form 990, 9/23/05]
Above: Statement 9, 2007. [Clinton Foundation, IRS Form 990, 12/12/08]
Below: Statement 5, 2006. [Clinton Foundation, IRS Form 990, 11/14/07]
Above: Statement 4, 2005. [Clinton Foundation, IRS Form 990, 6/9/06]
Below: Schedule B, Part II, Noncash Property Given, 2004. [Clinton Foundation, IRS Form 990, 9/23/05]
# Shares
|
Property Given
|
Fair Market Value / Estimate
|
252
|
Reliant Steel
|
9,470
|
1500
|
Hospira Inc
|
2,214,954
|
8,492
|
State Street Corporation
|
12,999
|
Reuters Group
|
31,618
|
Marsh & Melennan
|
38,000
|
Kellogg Co.
|
2,790,472
|
7,008
|
Abbott Labs
|
15,320
|
Eli Lilly & Company
|
4,062
|
Hearst Argyle TV
|
98,293
|
1,455
|
Pioneer Natural Resources
|
50,513
|
2,300
|
Citigroup
|
101,255
|
5,423
|
Cisco Systems
|
104,495
|
455
|
Evergreen High Grade Tax Free Fund
|
5,064
|
750,00017
|
Voyager Entertainment
|
462,500
|
500
|
Bank of America
|
22,560
|
1,002
|
Phizer
|
25,028
|
652
|
Google
|
129,114
|
51,724
|
RAE Systems
|
269,936
|
TOTAL
|
$6,283,654
|
CLINTON FOUNDATION AND FONDO ACCESO
CLINTON FOUNDATION CHAIRMAN BRUCE LINDSEY WAS LISTED AS THE UNPAID DIRECTOR OF FONDO ACCESO SAS, A RECIPIENT OF A $1.175 MILLION PROGRAMMATIC INVESTMENT FROM THE CLINTON FOUNDATION
2013: Clinton Foundation Reported A $1,175,250 “Program-Related Investment” In Fondo Acceso SAS. [Clinton Foundation, IRS Form 990, 11/19/14]
2013: Clinton Foundation Board Chairman Bruce Lindsey Was The Director Of Fondo Acceso SAS. [Clinton Foundation, IRS Form 990, 11/19/14]
Clinton Foundation: “No Directors Of Fondo Acceso Are Paid Or Receive Any Share Of Profits.” [Clinton Foundation, IRS Form 990, 11/19/14]
THE CLINTON FOUNDATION-BACKED CLINTON GIUSTRA ENTERPRISE INITIATIVE OVERSAW SEED CAPITAL INVESTMENTS CALLED “ACCESO FUNDS” IN LATIN AMERICA
Clinton Foundation: “Established By President Bill Clinton And Canadian Philanthropist Frank Giustra, The Clinton Giustra Enterprise Partnership Takes The Best Of Non-Profit And For-Profit Organizations To Create Social Enterprises That Provide New Economic Opportunities For Underserved Communities.” “Established by President Bill Clinton and Canadian philanthropist Frank Giustra, the Clinton Giustra Enterprise Partnership takes the best of non-profit and for-profit organizations to create social enterprises that provide new economic opportunities for underserved communities. By addressing market gaps in developing country supply or distribution chains, these enterprises generate both social impact and financial returns.” [Clinton Foundation, accessed 3/25/15]
Clinton Foundation: Clinton Giustra Enterprise Partnership “Acceso Funds” Are “Investment Vehicles…To Provide The Necessary Seed-Capital To Create Our Enterprises With The Aim Of Turning Them Into Viable, Self-Financing Entities Which Achieves Both Social And Financial Returns.” “[T]he Clinton Giustra Enterprise Partnership takes the best of non-profit and for-profit organizations to create social enterprises…We have investment vehicles (the Acceso Funds) to provide the necessary seed-capital to create our enterprises with the aim of turning them into viable, self-financing entities which achieves both social and financial returns. We have developed a framework to use when considering an investment opportunity to ensure it has high impact potential.” [Clinton Foundation, accessed 3/25/15]
Clinton Giustra Enterprise Partnership Invested $1.25 Million In The Acceso Peanut Enterprise Corporation In Haiti. [Clinton Foundation, accessed 3/25/15]
THE FOUNDATION-BACKED CLINTON GIUSTRA ENTERPRISE PARTNERSHIP ACHIEVED SUCCESS IN PEANUT FARMING PROJECTS IN HAITI
Washington Post: “The Acceso Peanut Enterprise Corp…Started With A $1.25 Million Grant From” A Partnership Between Bill Clinton, Frank Giustra, And Carlos Slim, “Is Revolutionizing The Peanut-Farming Industry” In Haiti. “When Bill Clinton came here late last month to help inaugurate the new Marriott, he made a side trip by helicopter to Haiti’s central plateau to have a look at a Clinton-backed program that is revolutionizing the peanut-farming industry. The Acceso Peanut Enterprise Corp. was started with a $1.25 million grant from the Clinton Giustra Enterprise Partnership, which is headed by Bill Clinton and Canadian mining executive and philanthropist Frank Giustra, as well as the charitable foundation of Mexican billionaire Carlos Slim. Acceso buys feed, fertilizer and fungicide at bulk rates, then sells them to farmers for far less than normal prices. Acceso also hires tractors for farmers who otherwise would be using an ox and plow.” [Washington Post, 3/20/15]
Washington Post: Through Acceso, Peanut Farming “Improvements Are Vastly Increasing Yields, Quality And Farmers’ Profits… [And Half Of Sales] Have Gone To Two Large Haitian Factories That Produce A Peanut-Based Paste That Is Given To Malnourished Children. “Robert Johnson, an American who runs the program, said the improvements are vastly increasing yields, quality and farmers’ profits. He said Acceso worked with about 1,000 farmers last year and bought about 120 metric tons of peanuts. This year, it expects to triple the number of farmers and buy almost five times as much peanut tonnage. At least half of Acceso’s sales have gone to two large Haitian factories that produce a peanut-based paste that is given to malnourished children. Most of the rest goes to local peanut-butter producers, he said. The program’s success, Johnson said, comes from its market-driven approach: It’s not a charity, it’s a business with a charitable purpose.” [Washington Post, 3/20/15]
THE CLINTON FOUNDATION LISTED A SUBSIDIARY ENTITY CALLED “ACCESO WORLDWIDE FUND INC.” ON ITS TAX RETURNS
The Acceso Worldwide Fund Inc. Was Registered In Delaware In January 2013. [Delaware Corporates, accessed 3/25/15]
The Acceso Worldwide Fund Inc. Was Listed As A “Disregarded Entity” On Clinton Foundation Tax Returns, With No Income Or Assets And With The Foundation As Its “Directly Controlling Entity.” [Clinton Foundation, IRS Form 990, 11/19/14]
Share with your friends: |