easyt65
Diamond Member
- Aug 4, 2015
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"Barack Obama’s presidential foundation is barely two years old, but he is taking it down the same controversial — and by some accounts illegal — post-presidency path of his predecessor Bill Clinton, according to documents reviewed by The Daily Caller News Foundation’s Investigative Group.
Federal law requires tax-exempt entities like the Barack Obama Foundation and the Bill, Hillary and Chelsea Clinton Foundation to stick closely to their IRS-approved missions. For former chief executives, that mission has been building and operating libraries to house their official papers for posterity.
In a relatively unnoticed series of steps during the first six-years of its existence, the Clintons converted their foundation from focusing solely on the presidential library in Little Rock, Ark., to a $2 billion globe-trotting political influence-peddling machine.
Compare that statement to the mission description for Obama’s foundation in its exemption application, which gets to the same wide-open mission but without the multiple intermediate steps taken by the Clintons:
“The Barack Obama Foundation will both plan and develop a Presidential Center for future activities, including the Presidential Library, a museum and a broader campus, and engage in activities reflecting President Obama’s values and priorities throughout his career in public service: expanding economic opportunity, inspiring an ethic of American citizenship, and promoting peace, justice and dignity throughout the world.
On its most recently available IRS Form 990 tax return, the Obama Foundation described its mission as “the development of the presidential center.” Nothing is said about the presidential library envisioned by the 1955 law.
A spokesman for the Obama Foundation could not be reached for comment."
Obama’s Non-Profit On Same Dubious Path First Blazed By Clinton Foundation
'Turds of a feather flock together...'
Federal law requires tax-exempt entities like the Barack Obama Foundation and the Bill, Hillary and Chelsea Clinton Foundation to stick closely to their IRS-approved missions. For former chief executives, that mission has been building and operating libraries to house their official papers for posterity.
In a relatively unnoticed series of steps during the first six-years of its existence, the Clintons converted their foundation from focusing solely on the presidential library in Little Rock, Ark., to a $2 billion globe-trotting political influence-peddling machine.
Compare that statement to the mission description for Obama’s foundation in its exemption application, which gets to the same wide-open mission but without the multiple intermediate steps taken by the Clintons:
“The Barack Obama Foundation will both plan and develop a Presidential Center for future activities, including the Presidential Library, a museum and a broader campus, and engage in activities reflecting President Obama’s values and priorities throughout his career in public service: expanding economic opportunity, inspiring an ethic of American citizenship, and promoting peace, justice and dignity throughout the world.
On its most recently available IRS Form 990 tax return, the Obama Foundation described its mission as “the development of the presidential center.” Nothing is said about the presidential library envisioned by the 1955 law.
A spokesman for the Obama Foundation could not be reached for comment."
Obama’s Non-Profit On Same Dubious Path First Blazed By Clinton Foundation
'Turds of a feather flock together...'
