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Home » News » Latest Headlines

Thursday, December 18, 2008

Bill Clinton reveals foundation donors

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By Beth Fouhy and Sharon Theimer ASSOCIATED PRESS

WASHINGTON (AP) -- Former President Bill Clinton's foundation has raised at least $41 million from Saudi Arabia and other foreign governments that his wife Hillary Rodham Clinton may end up negotiating with as the next secretary of state.

Saudi Arabia gave $10 million to $25 million to the William J. Clinton Foundation, a nonprofit created by the former president to finance his library in Little Rock, Arkansas, and charitable efforts to reduce poverty and treat AIDS. Other foreign government givers include Norway, Kuwait, Qatar, Brunei, Oman, Italy and Jamaica.

The foundation disclosed the names of its 205,000 donors on a Web site Thursday, ending a decade of resistance to identifying the sources of its money. While the list is heavy with international business leaders and billionaires, some 12,000 donors gave $10 or less.

Clinton agreed to release the information after concerns emerged that his extensive international fundraising and business deals could conflict with America's interests if his wife should become Obama's top diplomat. The foundation has insisted for years it is under no legal obligation to identify its contributors, contending that many expected confidentiality when they donated.

The list also underscores ties between the Clintons and India, a connection that could complicate diplomatic perceptions of whether Hillary Clinton can be a neutral broker between India and neighbor Pakistan in a region where President-elect Barack Obama will face an early test of his foreign policy leadership.

The former president did not release specific totals for each donor, providing only ranges of giving. Nor did he identify individual contributors' occupations or countries of residence.

Donors gave Clinton's foundation at least $492 million from its inception in 1997 through last year, the most recent figures available.

After negotiations with Obama's transition team, Clinton promised to reveal the contributors, submit to ethics reviews future foundation activities and paid speeches, step away from the day-to-day operation of his annual charitable conference and inform the U.S. State Department about new sources of income and speeches.

Representatives of the foundation, including CEO Bruce Lindsay and attorney Cheryl Mills, met privately Wednesday with aides to incoming Foreign Relations Committee Chairman John Kerry of Massachusetts and ranking Republican Richard Lugar of Indiana to discuss the foundation's activities and review a memorandum of understanding drawn up by the Clinton and Obama teams.

The Foreign Relations Committee will hold hearings and vote on Hillary Clinton's nomination before sending it to the full Senate. Shortly after Obama tapped Clinton, Lugar said he would support her, although he said there would still be "legitimate questions" raised about the former president's extensive international involvement.

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