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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Leadership

The Clinton Foundation Will Stop Accepting Foreign Donations If Hillary Wins

By
Michelle Toh
Michelle Toh
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By
Michelle Toh
Michelle Toh
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August 19, 2016, 6:27 AM ET
Hillary Clinton And Michael Bloomberg Announce Partnerships To Close Gender Data Gaps
NEW YORK, NY - DECEMBER 15: Former U.S. Secretary of State and first lady Hillary Clinton speaks at a press conference announcing a new initiative between the Clinton Foundation, United Nations Foundation and Bloomberg Philanthropies, titled Data 2x on December 15, 2014 in New York City. Data 2x aims to use data-driven analysis to close gender gaps throughout the world. (Photo by Andrew Burton/Getty Images)Photograph by Andrew Burton—via Getty Images
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The Clinton Foundation will no longer accept donations from foreign and corporate entities if Hillary Clinton becomes president, according to reports.

Former President Bill Clinton and their daughter Chelsea would also turn over operations, including fundraising, to outside parties if Hillary is successful in winning the White House, The Wall Street Journal reported.

President Clinton reportedly made the announcement to the foundation’s staffers on Thursday. He also unveiled another major change: the end of the Clinton Global Initiative, its annual event held for international leaders and donors.

Win or lose, the initiative’s final gathering will take place in New York in September, Bill Clinton said.

See also: FireEye Reportedly Investigating Suspected Clinton Foundation Hack

The foundation has been the subject of relentless attacks this election season, as Republicans suggest donations from foreign interests may have influenced Hillary Clinton’s decisions as secretary of state.

Emails released this month by the conservative watchdog organization Judicial Watch also appeared to raise questions of a connection between the foundation and the State Department.

“It’s called pay-for-play,” said GOP presidential nominee Donald Trump. “Some of these were really, really bad – and illegal. If it’s true, it’s illegal. You’re paying and you’re getting things.”

We now have confirmation as to one reason Crooked H wanted to be sure that nobody saw her e-mails – PAY-FOR-PLAY. How can she run for Pres.

— Donald J. Trump (@realDonaldTrump) August 13, 2016

See also: New Clinton Emails Suggest Aides Intervened on Behalf of Donors

Foreign nationals and governments have indeed given hundreds of millions to the Clinton Foundation, according to The New York Times.

But the group has vigorously defended its philanthropic mission, asserting that donations from governments outside the U.S. were from grants awarded prior to Clinton’s appointment as secretary of state.

 

“When anyone contributes to the Clinton Foundation, it goes towards foundation programs that help save lives,” a spokesman said last year.

Should she win the presidency, the Clinton Foundation will only accept donations from American citizens and independent charities, representatives told ABC News.

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