Clinton Foundation raised more than $124 million in 2007, say new tax forms
Published Tuesday November 18th, 2008
LITTLE ROCK, Ark. - Newly released tax forms show that former President Bill Clinton's non-profit foundation raised more than $124 million last year as his wife sought the Democratic presidential nomination.
Donations to the William J. Clinton Foundation face increased scrutiny as Hillary Rodham Clinton is under consideration for secretary of state by President-elect Barack Obama.
The foundation's forms were signed and dated by the foundation's chief financial officer on Friday, a day after Obama met with Hillary Clinton in Chicago.
The foundation reported that donations only dipped slightly since 2006, when it reported raising more than $135 million.
The foundation reports more than $252 million in assets and $140 million disbursed.
The non-profit group funds the former president's efforts on HIV and AIDS prevention and environmental policy, as well as programs at his presidential library in Little Rock.
The $165 million glass-and-steel library complex opened in November 2004.
Annual contributions to the foundation have nearly tripled since it raised $44.5 million in 2003, the year before the library complex opened.
Clinton's foundation is not required by law to release donor information and the tax forms did not identify contributors by name.
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