Clinton’s Charities’ Foreign Government Funding Still Under the Accusation

• 05.12.2015, 16:18
•  America,  World

http://www.reuters.com/article/2015/05/11/us-usa-election-clinton-foundation-idUSKBN0NW0A420150511

The Clinton Foundation has been accused for non transparency that the government funding totals omitted from their tax returns cannot be found on their website. The suspicion over the Foundation’s donors and funding and tax revenues has started weeks ago as Clinton seeks to become candidate for U.S. 2016 presidential elections, Reuters reports.

According to the U.S. low for charity organizations, all of them have to disclose each year both domestic and foreign government funding that they have received during a year. In order to escape from the conflicts and accusations towards transparency concerning donors, Clinton promised the Obama administration to disclose the information. But the last months the Foundation said that they did not come to an agreement with their partners. According to the chief executive officer Maura Pally, it was a mistake not to separate list of government grants on the base of public tax forms for 2010 to 2012. According to her, the same grants were always available for public to see the financial statements. To put it simpler, she wants to say that the government grants were combined with the funds from private organizations. And this leads to misunderstanding. The statement which reported $200 million more in grants and associated spending in 2010 and 2011 than it was recorded in financial statements was also the reason for confusion.

The group which is doing audit for charity organizations said that the accusation about the Foundation’s public finance records do not have any problem or contain any wrong information. The only problem is that these documents do not record the information how the Foundation use money and raise charity.