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Saturday, April 25, 2015
Common Cause: Audit the Clinton Foundation
By News Release @ 12:38 AM :: 6358 Views :: Democratic Party, Ethics, Politicians

Common Cause Urges Independent Audit of Donations to Clinton Foundation

News Release from Common Cause, April 24, 2015

Citing concerns about potential conflicts of interest and the influence of hidden overseas donors, Common Cause called on presidential candidate Hillary Rodham Clinton and the Clinton Foundation today to commission an independent and thorough review of all large donations to the foundation and to release the results.

"As Mrs. Clinton herself observed earlier this week, voluntary disclosure is not enough," said Common Cause President Miles Rapoport. "A report in Thursday's New York Times indicates that the Clinton Foundation violated an agreement to identify all of its donors. The foundation's omissions create significant gaps in the information that voters need to make informed decisions at the polls."

To ensure that the audit is complete, Rapoport said the foundation should enter into a contractual agreement with auditors to open its books fully and to make public the complete report of their review.

And to further guard against potential conflicts of interest, the foundation should stop accepting donations from foreign governments and foreign corporations, he said.

"There already is too much 'dark money' in our elections, in the form of spending by supposedly independent nonprofit groups that are not required to disclose their donors and operate as sort of shadow campaigns," Rapoport said. "The Clinton Foundation and any other foundations tied to a candidate or his or her family provide one more way for potential donors to gain access and curry favor from candidates — without the public knowing about it. That lack of transparency creates a clear risk of undue influence and conflicts of interest."

While the Clinton Foundation has garnered headlines this week, Rapoport noted that at least one other apparent presidential hopeful, Republican Jeb Bush, has close ties to a foundation. The former Florida governor created the Foundation for Excellence in Education and last year turned over its leadership to former Secretary of State Condoleezza Rice; it should initiate and make public the same kind of independent review Common Cause is recommending for the Clinton Foundation, Rapoport said.

Though Mrs. Clinton has severed ties with the Clinton Foundation, her husband and daughter remain active in its operations.

"Six years ago, at Mrs. Clinton's confirmation hearing for her appointment as secretary of state, then-Sen. Dick Lugar observed that 'that foreign governments and entities may perceive the Clinton Foundation as a means to gain favor with the secretary of state.' He was right, and his remarks remain relevant today as Mrs. Clinton seeks the presidency," Rapoport said.

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