April 2015 Reuters
4/23/2015, "Exclusive: Clinton charities will refile tax returns, audit for other errors," Reuters
family's charities are refiling at least five annual tax returns after a
Reuters review found errors in how they reported donations from
governments, and said they may audit other Clinton Foundation returns in
case of other errors.
foundation and its list of donors have been under intense scrutiny in
recent weeks. Republican critics say the foundation makes Clinton, who
is seeking the Democratic presidential nomination in 2016, vulnerable to
undue influence. Her campaign team calls these claims "absurd
charities' errors generally take the form of under-reporting or
over-reporting, by millions of dollars, donations from foreign
governments, or in other instances omitting to break out government
donations entirely when reporting revenue, the charities confirmed to
The errors, which have not
been previously reported, appear on the form 990s that all non-profit
organizations must file annually with the Internal Revenue Service to
maintain their tax-exempt status. A charity must show copies of the
forms to anyone who wants to see them to understand how the charity
raises and spends money.
unsettled numbers on the tax returns are not evidence of wrongdoing but
tend to undermine the 990s role as a form of public accountability,
experts in charity law and transparency advocates told Reuters.
those numbers keep changing - well, actually, we spent this on this,
not that on that - it really defeats the purpose," said Bill Allison, a
senior fellow at the Sunlight Foundation, a government transparency
For three years in a
row beginning in 2010, the Clinton Foundation reported to the IRS that
it received zero in funds from foreign and U.S. governments, a dramatic
fall-off from the tens of millions of dollars in foreign government
contributions reported in preceding years.
entries were errors, according to the foundation: several foreign
governments continued to give tens of millions of dollars toward the
foundation's work on climate change and economic development through
this three-year period. Those governments were identified on the
foundation's annually updated donor list, along with broad indications
of how much each had cumulatively given since they began donating.
FOUNDATION DEFENDS TRANSPARENCY
"We are prioritizing an
external review to ensure the accuracy of the 990s from 2010, 2011 and
2012 and expect to refile when the review is completed," Craig
Minassian, a foundation spokesman, said in an email.
decision to review the returns was made last month following inquiries
from Reuters, and the foundation has not ruled out extending the review
to tax returns extending back 15 or so years.
declined to comment on why the foundation had not included the
necessary break-down of government funding in its 990 forms. He said it
was rare to find an organization as transparent as the foundation.
charity is required to disclose their donors," he said. "However, we
voluntarily disclose our more than 300,000 donors and post our audited
financial statements on our website along with the 990s for anyone to
Separately, the Clinton
Health Access Initiative (CHAI), the foundation's flagship program, is
refiling its form 990s for at least two years, 2012 and 2013, CHAI
spokeswoman Maura Daley said, describing the incorrect government grant
break-outs for those two years as typographical errors.
which is best known for providing cheaper drugs for tens of thousands
of people with HIV around the world, began filing separate tax returns
in 2010, and has previously refiled at least once both its 2010 and 2011
form 990s. For both those years, CHAI said its initial filings had
over-reported government grants by more than $100 million.
experts in charity law and taxes said it was not remarkable for a
charity to refile an erroneous return once in a while, but for a large,
global charity to refile three or four years in a row was highly
I've never seen amendment activity like
that," said Bruce Hopkins, a Kansas City lawyer who has specialized in
charity law for more than four decades, referring to the CHAI filings.
stepped down from the foundation's board of directors this month but
her husband, Bill Clinton, and their daughter, Chelsea Clinton, remain
The foundation said
last week after Hillary Clinton became a candidate that it would
continue to accept funding from foreign governments, but only from six
countries that are already supporting ongoing projects. CHAI will also
continue to receive foreign government funding, again with additional
Nick Merrill, Clinton's spokesman, has declined to answer inquiries about the foundation and CHAI."
Wednesday, October 5, 2016
Clinton Foundation forced to refile at least 5 annual tax returns in 2015 after Reuters review of documents found errors. First ridiculing the notion as 'absurd conspiracy theories,' Clintons admitted misstating millions of dollars in foreign gov. donations. In 2010, 2011, and 2012 CF told IRS it had zero foreign gov. donors, but govs. had given them tens of millions in those 3 years-Reuters, 4/23/2015
Posted by susan at 10:56 PM