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Top Rated

Clinton Foundation

CharityWatch report issued
June 2022

Top-Rated Charity
CharityWatch Grade
Our independent grade based
on a number of factors.
Program Percentage
Amount spent on programs
relative to overhead.
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

Clinton Foundation
1633 Broadway
5th Floor
New York, NY 10019

Other Names

Alliance for a Healthier Generation
Bill, Hillary & Chelsea Clinton Foundation
Clinton Climate Initiative
Clinton Development Initiative
Clinton Global Initiative
Clinton Health Matters Initiative
Too Small to Fail
William J. Clinton Presidential Center and Park

Tax Status


Stated Mission

Works with strategic partners to develop & implement programs that create economic opportunity, improve public health, and inspire civic engagement & service.

View similar charities
Data based on Fiscal Year Ended 12/31/2020

Program Percentage: 76%

The percentage of Clinton Foundation's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).


Calculated Total Expenses



Cost to Raise $100: $20

How many dollars Clinton Foundation spends on fundraising to raise each $100 of contributions.


Calculated Total Contributions


Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources


Financial Documents

Entity Document Type Tax ID
Bill, Hillary & Chelsea Clinton Foundation Audited Consolidated Financial Statements multiple
Bill, Hillary & Chelsea Clinton Foundation IRS Form 990 31-1580204
Entity: Bill, Hillary & Chelsea Clinton Foundation
Document Type: Audited Consolidated Financial Statements
Tax ID: multiple
Entity: Bill, Hillary & Chelsea Clinton Foundation
Document Type: IRS Form 990
Tax ID: 31-1580204

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
Clinton Foundation
meets governance benchmarks.
Clinton Foundation
meets transparency benchmarks.
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy Opt-In Policy  

  Name Title Compensation
1 Kevin Thurm CEO $469,733
2 Bruce R. Lindsey Counselor to the Chair $420,708
3 Amy Sandgrund-Fisher General Counsel/HR Director $319,153
Name: Kevin Thurm
Title: CEO
Compensation: $469,733
Name: Bruce R. Lindsey
Title: Counselor to the Chair
Compensation: $420,708
Name: Amy Sandgrund-Fisher
Title: General Counsel/HR Director
Compensation: $319,153

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

CharityWatch's rating of the Clinton Foundation includes the accounts consolidated in the Foundation's audited financial statements for the fiscal year ended December 31, 2020, "including the accounts of all programs operating offices of the Clinton Foundation," as well as "the entities [in] which the Clinton Foundation maintains an economic interest in and financial control over including...Acacia Development Co.," according to Note 1 of the Foundation's 2020 consolidated audit. All intercompany balances and transactions have been eliminated upon consolidation in the audit.

According to the Bill, Hillary & Chelsea Clinton Foundation 2020 tax filing, the Foundation reports receiving donated in-kind goods on which it placed total a value of $442,188 (IRS Form 990, Schedule M).

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]

According to the Bill, Hillary & Chelsea Clinton Foundation consolidated audit of December 31, 2020 (Note 16, Related party):

"The Clinton Foundation through its CGEP [Clinton Giustra Enterprise Partnership] initiative engages in certain charitable activities that are funded by Elevate [Social Businesses ('Elevate')]. Elevate makes grants from time to time to the Clinton Foundation to carry out Elevate's and the Clinton Foundation's charitable goals. Neither entity controls the other; however, they share a common board member. As discussed in Note 6 [cited separately, below], the Clinton Foundation and Elevate entered into a grant and transfer agreement to effectuate a transition of CGEP and its associated entities, Acceso Fund LLC and Acceso Worldwide Fund, Inc., to Elevate. The value of the grant and transfer was $1,520,000, comprised of interest in Acceso Fund, LLC valued at $1,405,000, interest in Acceso Worldwide Fund, Inc. valued at approximately $41,000 and fixed assets valued at approximately $47,000.

"In addition, during 2020, the Clinton Foundation received $520,403 from Elevate and made additional cash grant payments to Elevate totaling $520,600."

According to the Bill, Hillary & Chelsea Clinton Foundation consolidated audit of December 31, 2020 (Note 6, Programmatic investment):

"On January 30, 2020, the Clinton Foundation and Elevate [Social Businesses ('Elevate')] entered into a grant and transfer agreement to effectuate a transition of Clinton Giustra Enterprise Partnership ('CGEP'), a program of the Clinton Foundation, including Acceso Fund, LLC, to Elevate. At the time of the transfer the value of the programmatic investment in Acceso Fund, LLC was accounted for using the equity method of accounting and was not subject to the fair value measurement requirements in Accounting Standards Codification 958-320 as the investment did not meet the definition of an equity security with readily determinable fair value. At the time of the transfer of Acceso Fund, LLC to Elevate, the investment had a value of $1,405,000 and is reported as [a] grant expense..."

According to the Bill, Hillary & Chelsea Clinton Foundation 2020 tax filing: "William Jefferson Clinton and Chelsea V. Clinton have a family relationship" (IRS Form 990, Schedule O re: Form 990, Part VI, Section A, line 2).

William Jefferson Clinton is reported as the Board Chair of the Clinton Foundation; Chelsea V. Clinton is reported as a Director (IRS Form 990, Part VII, Section A). The Foundation reports having nine voting members on its governing body at the end of 2020, with eight members being independent (IRS Form 990, Part VI, Section A, lines 1a & 1b).

According to the Bill, Hillary & Chelsea Clinton Foundation consolidated audit of December 31, 2020 (Note 19, Risks and uncertainties):

"The COVID-19 pandemic, whose effects first became known in January 2020, has had a significant negative impact on commerce around the world. The extent of the impact of COVID-19 on Clinton Foundation operational and financial performance will depend on certain developments, including the duration and spread of the outbreak and its impacts on donors, customers, employees, and vendors, all of which at present, cannot be determined. Accordingly, the extent to which COVID-19 may impact Clinton Foundation's financial position and changes in net assets and cash flows is uncertain and the accompanying [audited] consolidated financial statements include no adjustments related to the effects of this pandemic."

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