Now that’s a blatant case of rigging the game to evade the law!
Officials of the Clinton Foundation have reportedly changed bylaws to create permanent board seats for the Clinton family, while staffing its termed directors with Clinton associates.
The Daily Caller reported:
“Clinton Foundation officials created lifetime “Category A” positions for the former first family on the controversial non-profit’s board of directors in November 2013 that appear to violate IRS regulations barring individuals from using tax-exempt groups for their private benefit, according to documents reviewed by The Daily Caller News Foundation’s Investigative Group.
The amended bylaws for the foundation’s Articles of Incorporation in the state of Arkansas created the unpaid permanent board positions for former President Bill Clinton, former Secretary of State Hillary Clinton and Chelsea Clinton, their daughter. Mrs. Clinton resigned from the board in April 2015 in her unsuccessful pursuit of the presidency.
“Category B” directors, who make up the majority of the current 11-member board, serve terms of up to three years, according to the amendment text provided by the foundation to officials in Georgia, Michigan and Pennsylvania.
Tax-exempt non-profits like the Clinton Foundation are expected by the IRS to maintain a high degree of independence among members of their governing boards. The foundation’s 2015 annual revenue was $109 million, a 37 percent decline from the previous year, according to the non-profit’s most recently published IRS Form 990 tax return.
A spokesman who requested anonymity told The DCNF the permanent board positions for the Clinton family do not threaten the board’s independence, saying “Secretary Clinton left the board in April, 2015; all of our current board members are listed on our website; there are two family members out of 11 board members …”
But the foundation’s most recent 990 lists as Category B board members such long-time Clinton insiders as Bruce Lindsey, Cheryl Mills, former EPA Administrator Lisa Jackson and Donna Shalala, former Secretary of Health and Human Services under President Clinton, as well as veteran Clinton political funders and allies Cheryl Saban, Eric Goosby and Canadian Frank Guistra.”
Do you think the government should shut down the Clinton Foundation permanently?