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Monday, July 04, 2016

Fundraising galas pose more trouble for Clinton Foundation

Non-profit formed by Bill not registered to receive tax-deductible gifts

State regulators should shut down gala fundraisers planned by an organization closely tied to former President Bill Clinton and the Clinton Foundation, charges Wall Street analyst and investor Charles Ortel.

The American India Foundation, for which Bill Clinton serves as honorary chairman, has fundraisers scheduled in Maryland, Virginia and Illinois, but the organization is not registered in these states as a non-profit with authority to raise tax-deductible charitable donations, Ortel contends.

“In numerous states, it is a criminal felony for an organization holding itself out as a non-profit organization duly authorized to raise tax-deductible charitable donations without first registering in the state as a charity,” Ortel explained to WND.



Anonymous said...

They'll brush this off like a piece of lint.

Anonymous said...

Anything goes in Maryland.