Friday, June 6, 2014

Clintons Hit $200 Million for Endowment Before 2016 Race

Bloomberg reports:
Bill, Hillary and Chelsea Clinton raised $200 million in 10 months for their foundation’s endowment, positioning the nonprofit to survive even if its cash-collecting namesakes engage in a 2016 presidential run.

With four-fifths of their $250-million target in the bank, they are also changing fundraising strategies to include small donors -- a tactic that would create a list that could be politically useful, as well....

The Clintons’ initial appeals for foundation money were to contributors who could give $1 million or more. Those answering that call included Irish cell phone billionaire Denis O’Brien, and Bill Austin, owner of Minnesota’s Starkey Laboratories. Others were charities founded by Mexican billionaire Carlos Slim Helu -- the world’s second richest man -- and one run by Chicago venture capitalist J.B. Pritzker and his wife.
I find the Pritzker donation most interesting, since the Pritker's were key players in getting President Obama's initial presidential run off the ground.  Penny Priztker is now US Secretary of Commerce.


1 comment:

  1. Carlos slim was the crony who got the Obama phone contract.