Trending at the Clinton Foundation
The Clinton Foundation (also known as the Bill, Hillary, and Chelsea Clinton Foundation or the BHCCF) is based in Little Rock, Arkansas although there are offices in other locations including New York City. Established in 1997, the organization is a 501 (c) (3) engaged primarily in maintaining and operating the Presidential Library and Museum in Little Rock, and addressing “the world’s most pressing problems.”
BHCCF is not a large grant provider; nor does the organization specialize in implementing projects but instead appears to be focused on pubic awareness, establishing partnerships with other organizations, and finding solutions (referred to as initiatives) to a variety of global issues including third world problems, climate change, and health-related issues.
Over the past four years, BHCCF has experienced a lot of changes, some of which are outlined below:
2014 2015 2016 2017
Total Revenue $178 million $116 million $71 million $38 million
Total Expenses $91 million $99 million $87 million $55 million
Revenue Less Expenses $87 million $17 million -$16 million -$17 million
Net Fund Assets $332 million $347 million $327 million $323 million
# of Employees 486 528 578 398
Total Compensation $35 million $38 million $37 million $25 million
Average Compensation $72,000 $72,000 $64,000 $63,000
# Staff $100,000+ 55 65 66 49
Highest Compensation $532,361 $394,422 $440,292 $445,342
First Class/Charter Travel Yes Yes Yes Yes
In summary, The BHCCF has experienced a significant decline in revenue over the past four years. Since the organization is more of a “macro” organization (most expenses are for staff, office-related expenses, and travel) rather than one that awards significant revenue in grants, BHCCF appears to have gone from increasing the endowment to maintaining it at around $325 million (note: they were able to do this the past two years because the unrealized gains on investments offset the losses).
To read the IRS Form 990’s (2014, 2015, 2016, and 2017), click here.