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Clinton Foundation to refile taxes after errors emerge

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The Clinton Foundation will redo a number of tax returns and audit others after Reuters found that it had inadequately disclosed donations from foreign governments, the news service reported Thursday.

{mosads}The foundation had claimed that it received no foreign donations from 2010 to 2013, but Reuters reported that “several foreign governments continued to give tens of millions of dollars toward the foundation’s work on climate change and economic development through this three-year period.”

While those donors had been listed in other ways, the donations had not been disclosed to the Internal Revenue Service.

“We are prioritizing an external review to ensure the accuracy of the 990s from 2010, 2011 and 2012 and expect to refile when the review is completed,” Craig Minassian, a foundation spokesman, told Reuters, adding that the foundation has gone to great lengths to provide more transparency than legally required. Nonprofits must file 990 forms with the IRS to ensure they still qualify for tax-free status.

The news comes as Hillary Clinton’s campaign for the presidency continues to push back allegations that foundation donations may have influenced her conduct as secretary of State. Many of the recent allegations stem from the book Clinton Cash by Peter Schweizer, which the campaign and its allies are panning as a political hit job.

The New York Times reported Thursday that Clinton’s agency had signed off on a deal that gave a Russian energy agency control of a mining company with significant assets in the United States as stakeholders in the deal sent millions of dollars in donations to the Clinton Foundation. The Times based the story off an advanced look at Schweizer’s book, which it augmented with its own reporting.

Clinton campaign spokesman Brian Fallon denied any quid pro quo agreement in a statement to the Times.

“[No one] has ever produced a shred of evidence supporting the theory that Hillary Clinton ever took action as secretary of state to support the interests of donors to the Clinton Foundation,” he said.

“To suggest the State Department, under then-Secretary Clinton, exerted undue influence in the U.S. government’s review of the sale of Uranium One is utterly baseless.” 

Tags Clinton Foundation Hillary Clinton

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