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Dear Reader:
For 18 years, the Clinton Foundation has worked to advance President Clinton’s
commitment to “Putting People First.” Every day, our programs strive to create
economic opportunity, improve public health, and inspire civic engagement and
service.
Our work began with the establishment of the Clinton Presidential Center in Little
Rock, and grew into programs to unlock economic opportunity in communities
across the U.S. and lower the cost of HIV/AIDS treatment around the globe. In the
years that followed, the Clinton Foundation became a pioneer in convening leaders
and building strategic partnerships to generate global philanthropic commitments that
have improved millions of lives.
In 2018, the Clinton Foundation continued this tradition of impact and innovation,
operating programs that are helping people around the world and expanding with new
projects and approaches to some of the most pressing challenges of our time. For
example:
Too Small to Fail, the Clinton Foundation’s early child literacy program,
launched and expanded campaigns in New Orleans and San Francisco, adding
to the dozens of communities nationwide where we reach parents and
caregivers to promote talking, reading, and singing to children to promote brain
development.
Our 2018 Impact Magazine provides more details about our work last year, including
our farming and development programs in Africa and Latin America; our efforts to
fight climate change and develop scalable energy projects; the new classes of
Presidential Leadership Scholars and Clinton Global Initiative University; and work by
the Alliance for a Healthier Generation (an independent, related charity) to promote
healthy eating and exercise habits among children and young adults.
We are steadfast in our commitment to the people and communities we serve in the
U.S. and around the world, and to continuing to address the urgent challenges ahead.
Sincerely,
Kevin Thurm
Chief Executive Officer
Bill, Hillary & Chelsea Clinton Foundation
Index
Page
Financial Statements
Supplementary Information
1
Independent Auditor's Report
We have audited the accompanying consolidated financial statements of Bill, Hillary & Chelsea Clinton
Foundation (the "Clinton Foundation"), which comprise the consolidated statement of financial position
as of December 31, 2018, and the related consolidated statements of activities and cash flows for the
year then ended, and the related notes to the consolidated financial statements.
Management is responsible for the preparation and fair presentation of these consolidated financial
statements in accordance with accounting principles generally accepted in the United States of
America; this includes the design, implementation, and maintenance of internal control relevant to the
preparation and fair presentation of consolidated financial statements that are free from material
misstatement, whether due to fraud or error.
Auditor's Responsibility
Our responsibility is to express an opinion on these consolidated financial statements based on our
audit. We conducted our audit in accordance with auditing standards generally accepted in the United
States of America. Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the consolidated financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the consolidated financial statements. The procedures selected depend on the auditor's judgment,
including the assessment of the risks of material misstatement of the consolidated financial statements,
whether due to fraud or error. In making those risk assessments, the auditor considers internal control
relevant to the entity's preparation and fair presentation of the consolidated financial statements in
order to design audit procedures that are appropriate in the circumstances, but not for the purpose of
expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no
such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the
reasonableness of significant accounting estimates made by management, as well as evaluating the
overall presentation of the consolidated financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our audit opinion.
Opinion
In our opinion, the consolidated financial statements referred to above present fairly, in all material
respects, the financial position of Bill, Hillary & Chelsea Clinton Foundation as of December 31, 2018,
and the changes in its net assets and its cash flows for the year then ended in accordance with
accounting principles generally accepted in the United States of America.
2
Report on Supplementary Information
Our audit was conducted for the purpose of forming an opinion on the consolidated financial statements
as a whole. The consolidating supplementary information on pages 26 and 27 is presented for
purposes of additional analysis of the consolidated financial statements, rather than to present the
financial position, results of operations or cash flows of the individual entities and is not a required part
of the consolidated financial statements. Such information is the responsibility of management and was
derived from and relates directly to the underlying accounting and other records used to prepare the
consolidated financial statements. The information has been subjected to the auditing procedures
applied in the audit of the consolidated financial statements and certain additional procedures, including
comparing and reconciling such information directly to the underlying accounting and other records
used to prepare the consolidated financial statements or to the consolidated financial statements
themselves, and other additional procedures in accordance with auditing standards generally accepted
in the United States of America. In our opinion, the information is fairly stated in all material respects in
relation to the consolidated financial statements taken as a whole.
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Bill, Hillary & Chelsea Clinton Foundation
Assets
Cash $ 7,207,319
Assets limited as to use 2,559,673
Accounts receivable, net 1,146,543
Loan receivable 287,099
Prepaid expenses and other 832,246
Contributions receivable, net 27,260,379
Investments 171,612,818
Programmatic investment 1,403,441
Property and equipment, net 87,231,761
Total $ 299,541,279
Liabilities
Accounts payable and accrued expenses $ 5,322,064
Deferred revenue 1,826,160
Net assets
Without donor restrictions 90,993,047
With donor restrictions 201,400,008
Total $ 299,541,279
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Bill, Hillary & Chelsea Clinton Foundation
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Bill, Hillary & Chelsea Clinton Foundation
6
Bill, Hillary & Chelsea Clinton Foundation
Nature of operations
The Bill, Hillary & Chelsea Clinton Foundation ("Clinton Foundation") continues President Clinton’s
legacy of putting people first. To achieve this, the Clinton Foundation works with strategic partners
to develop and implement programs that create economic opportunity, improve public health, and
inspire civic engagement and service:
We create economic opportunity by assisting farmers in Africa to increase their yields and incomes;
helping people in developing countries work themselves out of poverty; combating the effects of
climate change through renewable energy efforts in island nations; and mobilizing relief efforts in
the wake of natural disasters in the Caribbean.
We work to improve public health by confronting challenges such as the opioid epidemic and
childhood obesity; and supporting parents and caregivers with tools to talk, read, and sing with their
young children from birth to promote early brain and language development.
We inspire civic engagement and service through programs that help college students improve the
lives of others and change the world; support networks that foster women’s leadership in the
renewable energy sector; and a partnership among the presidential libraries of President Clinton,
President George W. Bush, George H.W. Bush, and Lyndon B. Johnson to cultivate promising
leaders from the business, academic, public service, nonprofit, and military sectors as they seek to
create positive change on the issues confronting their communities. The Foundation also operates
the Clinton Presidential Center in Little Rock, which provides year-round cultural and educational
opportunities and is home to the Clinton Presidential Library and Museum, one of the largest
archival collections in American presidential history.
The Clinton Climate Initiative ("CCI") collaborates with governments and partners to
increase the resiliency of communities facing climate change by creating and implementing
replicable and sustainable models. CCI’s approach brings together a wide range of partners
to facilitate renewable energy projects, addressing major sources of greenhouse gas
emissions while also saving money for individuals, communities and governments and
helping to grow economies. In 2018, CCI joined with the government and utility of St. Lucia
to open a solar farm on the island, the first utility-scale renewable energy project of its kind
in the country.
The Clinton Development Initiative ("CDI") works to address the root causes of hunger –
improving harvests, increasing incomes, and building resilience – by empowering farmers
with the necessary skills and resources. In Malawi, Tanzania, and Rwanda, CDI performs
outreach to smallholder farmers to increase access and help them to participate equitably in
local markets. In 2018, the initiative refined its focus to also address economic inequality
through its Community Agribusiness ("CAB") approach, which encourages the formation of
farmer groups across local communities to accelerate farmers’ access to farm inputs,
financing, and community markets.
The Clinton Giustra Enterprise Partnership ("CGEP") builds social agribusinesses that work
to improve the livelihoods of farmers and fishers by boosting agricultural productivity,
creating job opportunities, and cementing long-term market linkages so they can lift
themselves out of poverty. CGEP’s successful pilot programs are incorporated to form for-
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Bill, Hillary & Chelsea Clinton Foundation
profit enterprise entities in which the Clinton Foundation typically holds a significant
ownership position. In 2018, CGEP continued its work to empower farmers in El Salvador,
Colombia, and Haiti through social businesses that source food like peanuts, fruits,
vegetables, and fish, and sell to established buyers.
The Clinton Global Initiative’s ("CGI") mission is to inspire, connect, and empower a wide
range of partners to forge solutions to the world’s most pressing challenges. In 2018, CGI
launched the Action Network on Post-Disaster Recovery, which brings together leaders from
business, government, and philanthropy to make commitments to help the Caribbean
recover from the devastating 2017 hurricane season. In addition, the Clinton Global Initiative
University ("CGI U") held its 11th meeting at the University of Chicago, where student
leaders from around the world came together to forge solutions to pressing global issues
from gun violence to LGBT rights.
The Clinton Health Matters Initiative ("CHMI") works to improve the health and well-being of
people across the U.S. by activating individuals, communities, and organizations to make
meaningful contributions to the health of others. By building strategic partnerships and
working across sectors, CHMI works to reduce the prevalence of preventable health
outcomes and close health inequity and disparity gaps by improving access to key
contributors to health for all people. In 2018, CHMI began convening faith leaders in
Jacksonville, Little Rock and Houston in an ecumenical process to address the opioid
epidemic, which includes anti-stigma education and programming, drug takeback day
events, and training for the life-saving overdose reversal drug naloxone.
The William J. Clinton Presidential Center and Park ("Presidential Center") is the home of
the Little Rock offices of the Clinton Foundation; is the site of operations for the Clinton
Presidential Library and Museum and the Clinton School of Public Service; and is a
managing partner of the Presidential Leadership Scholars program, a national bipartisan
executive-style leadership development initiative. Additionally, the Presidential Center is a
world-class educational and cultural venue offering a variety of educational programs,
special events, exhibitions, and lectures, presenting a unique perspective of the work – past,
present, and future – of the 42nd President of the United States, William Jefferson Clinton. In
2018, the Presidential Leadership Scholars program graduated its fourth class of scholars,
which included a ceremony at the Presidential Center where President Bill Clinton and
President George W. Bush met with Scholars and shared the stage to discuss their
experiences on leadership and cooperation from their administrations and foundations.
Too Small to Fail, the early childhood initiative of the Clinton Foundation is leading a public
awareness and action campaign to promote the importance of early brain and language
development and to support parents with tools to talk, read, and sing with their young
children from birth. Today, many children in the United States start kindergarten unprepared
without the critical language and literacy skills they need for success in school. Through
partnerships with pediatricians, hospitals, faith-based leaders, community-based
organizations, businesses, entertainment industry leaders, and others, Too Small to Fail is
meeting parents where they are to help them prepare their children for success in school
and beyond. Whether at the pediatrician's office or the playground, Too Small to Fail aims to
make small moments big by creating opportunities for meaningful interactions anytime,
anywhere. In 2018, Too Small to Fail continued to expand its work to reach parents by
organizing the first LaundryCares Literacy Summit, which promotes the role of laundromats
in supporting early literacy; launching a “Talking is Teaching: Talk, Read, Sing” campaign in
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Bill, Hillary & Chelsea Clinton Foundation
New Orleans and expanding this campaign at Zuckerberg SF General Hospital in San
Francisco.
Basis of accounting
Clinton Foundation prepares its consolidated financial statements using the accrual basis of
accounting and accounting principles generally accepted in the United States of America ("US
GAAP") for not-for-profit entities.
Principles of consolidation
The accompanying consolidated financial statements of the Clinton Foundation incorporate the
accounts of the Clinton Foundation, including the accounts of all program operating offices of the
Clinton Foundation. Additionally, the consolidated financial statements include the net assets and
activities of the entities which the Clinton Foundation maintains an economic interest in and
financial control over including Acceso Worldwide Fund, Inc. and Acacia Development Co. All
intercompany balances and transactions have been eliminated upon consolidation.
Use of estimates
The preparation of consolidated financial statements in conformity with US GAAP requires
management to make estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial
statements and the reported amounts of revenues and expenses during the reporting period. Actual
results could differ from those estimates.
Cash equivalents
The Clinton Foundation considers all liquid investments with original maturities of three months or
less to be cash equivalents. At December 31, 2018, cash equivalents consisted primarily of money
market accounts with brokers. At December 31, 2018, the Clinton Foundation's cash and assets
limited as to use accounts exceeded federally insured limits by approximately $8,573,000 and cash
in foreign accounts that may not be insured totaled approximately $635,000.
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Bill, Hillary & Chelsea Clinton Foundation
Net investment return includes dividend, interest, and other investment income; realized and
unrealized gains and losses on investments carried at fair value; and realized gains and losses on
other investments. External and direct internal investment related expenses are netted against
investment returns.
Net investment return is reflected in the consolidated statement of activities as with donor restriction
or without donor restriction based upon the existence and nature of any donor- or legally-imposed
restrictions.
Receivables
Receivables primarily consist of contributions receivable. Contributions receivable are stated at the
amount pledged by donors, net of present value discounts. The Clinton Foundation provides an
allowance for doubtful contributions receivable, which is based upon a review of outstanding
receivables, historical collection information and existing economic conditions. Delinquent
contributions receivable are written off based on the specific circumstances of the donor making the
pledge.
Accounts receivable are comprised primarily of program related billings due, general deposits,
travel advances and various deposits for leased facilities.
The estimated useful lives for each major classification of property and equipment are as follows:
Net assets
Net assets, revenues and releases from restriction are classified based on the existence or
absence of donor- or board-imposed restrictions. Accordingly, the net assets of the Clinton
Foundation and the changes therein are classified and reported in two categories of net assets.
Without donor restrictions - Net assets that are not subject to donor-imposed restrictions, including
the net investment in fixed assets, gifts with no donor restriction and current funds without donor
restriction.
With donor restrictions - Net assets that are restricted by a donor for use for a specific purpose or in
a future period. Some donor-imposed restrictions are temporary in nature, and the restriction will
expire when the resources are used in accordance with the donor's instructions or when the
stipulated time has passed.
Other donor-imposed restrictions on net assets included in this category are permanent in nature.
These net assets have been restricted by donors to be maintained by the Clinton Foundation either
in perpetuity or until released by specific action by the Clinton Foundation's Board of Directors in
accordance with applicable law. Clinton Foundation's unspent contributions are included in this
class if the donor limited their use, as are its donor-restricted endowment funds.
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Bill, Hillary & Chelsea Clinton Foundation
When a donor's restriction is satisfied, either by using the resources in the manner specified by the
donor or by the passage of time, the expiration of the restriction is reported in the consolidated
financial statements by reclassifying the net assets from net assets with donor restrictions to net
assets without donor restrictions.
Contributions
Gifts of cash and other assets received without donor stipulations are reported as revenue and net
assets without donor restriction. Gifts received with a donor stipulation that limits their use are
reported as revenue and net assets with donor restriction. When a donor-stipulated time restriction
ends, or purpose restriction is accomplished, donor-restricted net assets are reclassified to net
assets without donor restriction and reported in the statement of activities as net assets released
from restrictions. Gifts that are originally restricted by the donor and for which the restriction is met
in the same time period are recorded as with donor restriction and then released from restriction.
Gifts of land, buildings, equipment and other long-lived assets are reported as revenue and net
assets without donor restriction, unless explicit donor stipulations specify how such assets must be
used, in which case the gifts are reported as revenue and net assets with donor restriction.
Absent explicit donor stipulations for the time long-lived assets must be held, expirations of
restrictions resulting in reclassification of net assets with donor restriction to net assets without
donor restriction are reported when the long-lived assets are placed in service.
Unconditional gifts expected to be collected within one year are reported at their net realizable
value. Amounts expected to be collected in future years are recorded at the present value of
estimated future cash flows. The discounts on those pledges are computed using an interest rate
for the year in which the promise was received and considers market and credit risk as applicable.
Subsequent years' accretion of the discount is included in contribution revenue.
Conditional gifts depend on the occurrence of a specified future and uncertain event to bind the
potential donor and are recognized as assets and revenue when the conditions are substantially
met, and the gift becomes unconditional. No conditional gifts or pledges for which conditions had
not been substantially met were recorded in 2018.
Collections
The collections maintained at the William J. Clinton Presidential Library and Museum are the
property of the National Archives and, as such, these collections are not included on the
consolidated statement of financial position of the Clinton Foundation. Furthermore, the Clinton
Foundation is not responsible for the maintenance or preservation of items in the collections.
Grants
Grant support is received from foundations, governmental units and private entities funding specific
programs or events. Support funded by government grants is recognized as exchange transactions
as the Clinton Foundation performs the contracted services or incurs outlays eligible for
reimbursement under the grant agreements. Grant activities and outlays are subject to audit and
acceptance by the granting agency and, as a result of such audit, adjustments could be required.
Other income
Other income includes net revenues attributable to program specific transactions, sublease rental
income, gains and losses on sale of fixed assets and proceeds from speeches given by members of
the Clinton family, based on contractual agreements between the Clinton Foundation and the
paying organization.
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Bill, Hillary & Chelsea Clinton Foundation
Income taxes
The Clinton Foundation is exempt from income taxes under Section 501 of the Internal Revenue
Code and a similar provision of state law. However, the Clinton Foundation is subject to federal
income tax on any unrelated business taxable income. There is no material tax liability due to
unrelated business income. Therefore, no provision for income taxes on unrelated business income
has been included in the consolidated financial statements. If necessary, the Clinton Foundation
would recognize interest and penalties associated with tax matters as part of the income tax
provision and include accrued interest and penalties with the related tax liability in the
accompanying consolidated statement of financial position. The consolidated for-profit entities,
Acceso Worldwide Fund, Inc. and Acacia Development Co., both have net losses. It is difficult to
estimate whether the tax benefit resulting from these losses will be utilized within the prescribed
period as defined by pertinent tax law. Any such benefit will be recorded in the future proportionally
to the tax losses utilized and is immaterial to the consolidated financial statements. If necessary, the
Clinton Foundation would recognize interest and penalties associated with tax matters as part of the
income tax provision and include accrued interest and penalties with the related tax liability in the
accompanying consolidated statement of financial position.
Management has analyzed tax positions taken by the consolidated entities and has concluded that,
as of December 31, 2018, there are no uncertain tax positions taken or expected to be taken that
would require recognition of a liability or disclosure in the consolidated financial statements.
Occupancy, depreciation and information technology costs are allocated based on square
footage.
Management and general expenses include costs not identifiable with any specific program,
but which provide for the overall support and direction of Clinton Foundation.
Fundraising costs are expensed as incurred, even though they may result in contributions
received in future years.
Deferred revenue
Deferred revenue includes granted and contributed funds received in advance for delivery of
program services. These amounts are recognized as revenue when earned based on the
underlying agreement. Deferred revenue as of December 31, 2018 was $1,826,160.
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Bill, Hillary & Chelsea Clinton Foundation
Property and equipment, net and other nonmonetary assets and liabilities are translated at the
approximate exchange rate prevailing when the assets or liabilities are acquired. All other assets
and liabilities denominated in a currency other than U.S. dollars are translated at year-end
exchange rates with the transaction gain or loss recognized in other revenue and expense.
As of December 31, 2018, the Clinton Foundation's liquidity resources and financial assets
available within one year for general expenditure, such as operating expenses, were as follows:
(190,254,197)
Loan receivable with liquidity horizon greater than one year (287,099)
(190,541,296)
Financial assets available to meet general expenditures
over the next 12 months $ 19,532,535
Clinton Foundation has certain donor-restricted assets limited as to use which are available for
general expenditure within one year in the normal course of operations. Accordingly, these assets
have been included in the quantitative information above for financial assets to meet general
expenditures within one year.
Clinton Foundation has time restricted contributions that will also be available for general
expenditures in the next year which are included as liquid assets available in the next year.
In addition, the Clinton Foundation's spending policy allows for annual spending based on 3%-5%
of the trailing 12-quarter average of the endowment or similar formula. A measure of this investment
return is included in assets available to meet general expenditures over the next 12 months.
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Bill, Hillary & Chelsea Clinton Foundation
Assets limited as to use represent the cash available on hand restricted to expenditures for specific
Clinton Foundation programs pursuant to applicable grants and contracts. As of December 31,
2018, assets limited as to use were $2,559,673.
Note 4 - Investments
$ 171,612,818
$ 171,612,818
At December 31, 2018, the programmatic investment of $1,403,441 was comprised of investment in
Acceso Fund, LLC and is associated with the mission of CGEP. The primary purpose of the
programmatic investment is to further the tax-exempt objectives of the Clinton Foundation and not
focus on production of income or the appreciation of the asset. Like grants, this financial investment
has as the primary purpose the achievement of the Clinton Foundation's programmatic mission.
This investment, which represents ownership or investment interest in other organizations, is
accounted for using the equity method of accounting, and is not subject to the fair value
measurement requirements in Accounting Standards Codification 958-320 due to this investment
not meeting the definition of an equity security with readily determinable fair value.
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Bill, Hillary & Chelsea Clinton Foundation
The net loss on programmatic investments accounted for by the equity method for 2018 was
$1,200,073 as reported in program services on the consolidated statement of activities.
33,470,918
Less
Allowance for uncollectible contributions 4,421,132
Unamortized discount 1,789,407
$ 27,260,379
The Clinton Foundation receives grant support through periodic claims filed with respective funding
sources, not to exceed a limit specified in the funding agreement.
146,729,072
Less accumulated depreciation and amortization 59,497,311
$ 87,231,761
In 2018, due to a shift in emphasis to training farmers in the commercial agricultural business, CDI
determined there was no longer a need for a portion of the agricultural property and equipment. As
a result, assets with a net book value of $1,285,502 were sold for a net sales price of $856,927 and
a loss of $428,575 was recognized. In addition, vehicles, equipment, farm leases and leasehold
improvements with a net book value of $865,297 were transferred or retired and a loss equal to net
book value was recognized.
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Bill, Hillary & Chelsea Clinton Foundation
As of December 31, 2018, net assets with donor restrictions are restricted for the following purposes or
periods.
155,984,736
Not subject to appropriation or expenditure
Endowment investment in perpetuity 15,500,000
$ 201,400,008
As of December 31, 2018, net assets not subject to donor restrictions totaled $90,993,047.
Net assets were released from donor restrictions by incurring expenses satisfying the restricted
purposes by the expiration of a time restriction or by occurrence of other events specified by
donors.
$ 10,017,085
Note 9 - Endowment
The Clinton Foundation Endowment Fund ("Endowment") consists of funds established to support
the Clinton Foundation's mission to improve lives by working together with partners across the
United States and around the world to create economic opportunity, improve public health, and
inspire civic engagement and service. In furtherance of its mission, the overall goal of the
Endowment is to provide a stable source of financial support and liquidity for the mission of the
Clinton Foundation. The Endowment is comprised of donor-restricted endowment funds. As
required by US GAAP, net assets associated with endowment funds are classified and reported
based on the existence or absence of donor-imposed restrictions.
Applicable law requires that all endowment funds be classified as net assets with donor restriction.
In the Endowment, these comprise two types of funds: (1) funds that have donor restrictions
requiring that they be maintained in perpetuity and (2) funds that do not have donor restrictions as
to the term for which such funds must be maintained prior to their appropriation for spending and
which can be appropriated for spending by specific action of the Clinton Foundation's Board of
Directors. In the latter instance, where there is no such explicit donor restriction within the gift
instrument, the Clinton Foundation has determined that it will prudentially classify the original value
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Bill, Hillary & Chelsea Clinton Foundation
of a gift and any subsequent gifts made under the same instrument as subject to donor restriction
given the totality of the circumstances of the gift. Accumulated earnings on the Endowment are also
classified as net assets with donor restriction until those amounts are appropriated for expenditure
by the Clinton Foundation. The Clinton Foundation makes all determinations to appropriate or
accumulate donor-restricted endowment funds in a manner consistent with the standard of
prudence prescribed by applicable law, including the Uniform Prudent Management of Institutional
Funds Act ("UPMIFA").
The Clinton Foundation considers the following factors in making a determination to appropriate or
accumulate donor-restricted endowment funds: (1) the duration and preservation of the various
funds, (2) the purposes of the Clinton Foundation and donor-restricted endowment funds,
(3) general economic conditions, (4) the possible effect of inflation and deflation, (5) the expected
total return from income and the appreciation of investments, (6) other resources of the Clinton
Foundation, (7) the Clinton Foundation's investment policies, and (8) where appropriate,
alternatives to spending from the donor-restricted endowment funds and the possible effects of
those alternatives on the Clinton Foundation.
The composition of net assets with donor restrictions by type of endowment fund at December 31,
2018 were as follows:
Accumulated
endowment earnings* Endowment fund Total
(9,124,700) - (9,124,700)
(*) Accumulated endowment earnings are subject to the organization appropriation spending policy.
The Endowment was created in 2013. The Clinton Foundation Board of Directors subsequently
appointed members to the Investment Committee which is empowered to approve and adopt
investment policies and procedures so that endowment funds and their related returns are spent in
accordance with UPMIFA and donors' intent and maintain the appropriate amount of risk and return
for the Clinton Foundation's purposes. For the long term, the primary investment objective for the
Endowment is to earn a total return (net of all investment program fees), within a prudent level of
risk, which is sufficient to maintain in real terms the purchasing power of the Endowment, support
operating expenses and payout requirements and provide moderate capital appreciation after
accounting for such distributions and expenses. The risk tolerance of the Clinton Foundation is
moderate. Moderate fluctuations in market value can be tolerated over time, and stability of the
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Bill, Hillary & Chelsea Clinton Foundation
overall corpus is valued for predictability and consistency of payouts over time. This tolerance, as
dictated by market conditions and organizational circumstances, may be adjusted over time. The
Clinton Foundation's investment time horizon is long term. The Clinton Foundation, in consultation
with the Investment Committee, has delegated to an Investment Advisor the day-to-day
implementation of the investment program as set forth in the Clinton Foundation's Investment Policy
Statement. The specific roles and responsibilities of the Investment Advisor are governed by a
written investment management agreement, signed and agreed to by the Clinton Foundation and
the Investment Advisor.
The following is a summary of the asset allocation guidelines and performance benchmarks
adopted by the Clinton Foundation:
Reserve
Reserve Fixed Income 9.00% 10.00% Barclays Intermediate Government/Credit Index
Balanced Reserves 1.00% 0.00%
Actual allocations by major asset class are consistent with near-term targets.
The Endowment uses two different spending policies, one for the near term and one for the long
term, to be adopted once the Clinton Foundation reaches a threshold set at the Board of Director's
discretion. The near-term spending policy dictates that no spending will occur from the Endowment
for the foreseeable future as the corpus is established and grows meaningfully from inflows. The
long-term spending policy specifies that annual spending will be based on 3%-5% of the trailing 12-
quarter average of the Endowment or similar formula. By using the trailing 12-quarter average, the
Clinton Foundation aims to smooth the spending amount and avoid large swings, providing a
consistent and predictable level of financial support for the Clinton Foundation over time. The
Clinton Foundation Board approved a $2,000,000 distribution of endowment net appreciation from
these funds for spending during 2018. A $2,000,000 distribution of endowment net appreciation
was completed in December 2018.
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Bill, Hillary & Chelsea Clinton Foundation
Expenses incurred by the Clinton Foundation, excluding provision for uncollectible pledges,
classified by functional categories for the year ended December 31, 2018 were as follows:
Program Services Support Services
Economic Total program Management
opportunity Public health Civic service services and General Fundraising Total
Salaries and benefits $ 6,738,303 $ 3,370,250 $ 7,342,556 $ 17,451,109 $ 4,669,187 $ 2,011,669 $ 24,131,965
Program evaluation and assessment 32,159 261,500 - 293,659 - - 293,659
Professional and consulting 1,044,793 744,750 549,819 2,339,362 727,713 248,462 3,315,537
Conferences and events 338,532 37,004 1,739,345 2,114,881 209,376 631,389 2,955,646
Cost of sales 1,172,920 - 947,951 2,120,871 - - 2,120,871
Repairs and maintenance 66,492 - 805,142 871,634 - - 871,634
Travel 734,012 171,622 731,600 1,637,234 680,356 145,218 2,462,808
Telecommunications 67,642 7,994 62,550 138,186 158,353 1,990 298,529
Meetings and trainings 12,079 4,672 3,855 20,606 55,290 1,021 76,917
Bank and other fees 32,724 - 126,430 159,154 59,197 92,558 310,909
Occupancy costs 545,083 200,707 678,347 1,424,137 692,656 116,659 2,233,452
Office expenses 34,420 6,925 328,033 369,378 371,714 55,118 796,210
Depreciation and amortization 344,442 49,975 3,915,227 4,309,644 195,438 34,538 4,539,620
Grant expense - 1,750,000 16,027 1,766,027 - - 1,766,027
Loss on program investments 1,200,073 - - 1,200,073 - - 1,200,073
Supplies 390,643 - - 390,643 - - 390,643
Other 447,654 19,073 550,868 1,017,595 1,090,514 234,093 2,342,202
The consolidated financial statements report certain categories of expenses that are attributable to
more than one program or supporting function. These expenses are allocated on a reasonable
basis that is consistently applied. The expenses that are allocated include information technology
costs, depreciation, office and occupancy (allocated on a square footage basis), and certain
salaries and benefits which are allocated based on time and effort.
The Clinton Foundation leases numerous office spaces, both domestically and internationally,
under both cancellable and noncancelable operating lease agreements. These leases expire at
various dates through 2028.
The future minimum lease payments under these leases are as follows:
2019 $ 2,602,000
2020 2,584,000
2021 2,182,000
2022 1,638,000
2023 1,665,000
Thereafter 7,487,000
$ 18,158,000
Rental expense for all operating leases for 2018 was $1,834,700.
There are two standby letters of credit totaling approximately $599,000 in support of these leases.
There are no amounts outstanding on the letters of credit as of December 31, 2018.
19
Bill, Hillary & Chelsea Clinton Foundation
Retirement benefits are offered to the Clinton Foundation employees based on eligibility. These
benefits vary and are dependent on employee type and location.
U.S.-based staff and U.S. expatriates are eligible to contribute into a 401(k) plan which the
Clinton Foundation matches up to 6% of the employee contribution.
Third country nationals and local national retirement plans are available in a select number
of countries. The Clinton Foundation also contributes to the national social security fund in
many of the countries in which it operates as stipulated by local law.
Note 13 - Transactions with the National Archives and Records Administration and lease with
the City of Little Rock, Arkansas
In 2004, the Clinton Foundation entered into a joint use, operating and transfer agreement with the
National Archives and Records Administration ("NARA") that expires February 29, 2101. Under the
agreement, NARA agreed to operate certain areas of the facility known as the William J. Clinton
Presidential Library and Museum (the "Library") for the purposes of housing, preserving and making
available, through historical research, exhibitions, educational programs and other activities, the
presidential records and historical materials of President William Jefferson Clinton.
Because the terms of the lease essentially transfer to NARA the right to use portions of the Library
for a period in excess of the property's expected economic life, the cost of construction of those
areas operated by NARA, which amounted to approximately $36,000,000, has been excluded from
the Clinton Foundation's consolidated statement of financial position.
The land occupied by the Library is owned by the City of Little Rock, Arkansas (the "City"), but is
leased to the Clinton Foundation under a 99-year lease for a nominal annual amount. The Clinton
Foundation is responsible for maintaining those areas within 75 feet of the buildings and certain
land improvements. Maintenance of the remaining land is the responsibility of the City. Because the
lease with the City does not convey exclusive right to the use of this land and because it is to be
operated in a manner similar to other City parks, the Clinton Foundation does not recognize the
present value of the lease's fair value within its consolidated financial statements.
Fair value is the price that would be received to sell an asset or paid to transfer a liability in an
orderly transaction between market participants at the measurement date. Fair value
measurements must maximize the use of observable inputs and minimize the use of unobservable
inputs. There is a hierarchy of three levels of inputs that may be used to measure fair value:
Level 2: Observable inputs other than Level 1 prices, such as quoted prices for similar assets
or liabilities; quoted prices in markets that are not active; or other inputs that are
observable or can be corroborated by observable market data for substantially the full
term of the assets or liabilities.
20
Bill, Hillary & Chelsea Clinton Foundation
Level 3: Unobservable inputs that are supported by little or no market activity and that are
significant to the fair value of the assets or liabilities.
Investments
Where quoted market prices are available in an active market, securities are classified within
Level 1 of the valuation hierarchy. Level 1 securities include money market funds, equity securities
and mutual funds. If quoted market prices are not available, then fair values are estimated by using
pricing models, quoted prices of securities with similar characteristics or discounted cash flows. In
certain cases where Level 1 or Level 2 inputs are not available, securities are classified within
Level 3 of the hierarchy. The Clinton Foundation did not have any Level 2 or Level 3 measurements
at December 31, 2018.
The Clinton Foundation has certain alternative investments in limited partnerships (“LPs”) and a
limited liability company (“LLC”) for which there is not a readily determinable fair value. These
investments have financial statements consistent with the measurement principles of an investment
company or have the attributes of an investment company. For such investments, as a practical
expedient, the Clinton Foundation uses its ownership interest in the entity NAV to determine the fair
value. These investments valued at NAV are no longer included within Levels 1, 2, or 3 in the fair
value hierarchy, but are included in the fair value table for purposes of investment reconciliation to
amounts in the consolidated statement of financial position.
Recurring measurements
The following table presents the fair value measurements of assets and liabilities in the
accompanying consolidated statement of financial position measured at fair value on a recurring
basis and the NAV or level within the fair value hierarchy in which the fair value measurements fall
at December 31, 2018:
49,731,373 49,731,373 -
LPs and LLC:
Hedged Equity 16,658,300 - 16,658,300
Select Equity 42,818,883 - 42,818,883
21
Bill, Hillary & Chelsea Clinton Foundation
The following table provides additional information about alternative investments measured at NAV:
Redemption
Unfunded frequency (if currently Redemption
December 31, 2018 NAV commitments eligible) notice period
LPs and LLC
Hedged Equity $ 16,658,300 $ - Monthly 7 business days
Select Equity 42,818,883 - Monthly 7 business days
Intermediate Fund 17,329,448 - Daily 5 business days
Strategic Fixed Income 14,379,820 - Monthly 7 business days
Private Equity 14,215,060 19,949,150 No liquidity No liquidity
Diversified Strategy Funds 16,479,934 - Monthly 7 business days
$ 121,881,445 $ 19,949,150
22
Bill, Hillary & Chelsea Clinton Foundation
Select Equity The Select Equity Portfolio allocates capital to a number of managers who apply their unique
insights and talents to the world's public equity markets. Select Equity managers seek to
exceed the return of the global public equities through research driven stock selection, private
equity approaches to public corporate shares and increased concentration around a set of high
conviction ideas. Investment strategy is long term.
Intermediate Fund The Fixed Income Intermediate Fund strives to outperform the Bloomberg Barclays Intermediate
U.S. Government/Credit Index by investing primarily in investment-grade fixed income securities,
including obligations issued or guaranteed by the U.S. government; corporate securities;
municipal securities, 144A securities; convertible securities; inflation indexed securities; U.S.
dollar-denominated debt of foreign issuers; residential and commercial backed securities and
obligations; preferred and hybrid capital securities and money market instruments.
Strategic Fixed Income The Strategic Fixed Income Portfolio allocates capital to a number of managers who approach the
world's fixed income, foreign exchange and credit markets with strong research skills and/or
quantitative and technical insights. Investment strategy is designed for production of fixed
income.
Private Equity The Private Equity Portfolio allocates capital to a number of managers who seek to exceed the
return of the global public equity market through value generation and operational intensity. The
underlying fund investments are generally expected to span a range of strategies including,
without limitation, investments of the following nature: buyout, growth capital, venture capital,
distressed credit and direct lending. In addition, the Portfolio intends to consider, and may
include, strategies that are sector specific and may be related to physical assets such as real
estate and natural resources. The term of the fund is 12 years from the initial closing date of
October 1, 2014, subject to one year extensions at the General Partner's discretion.
Diversified Strategy Funds The Diversified Strategies Portfolio allocates capital to a number of managers who deploy their
capital with flexibility across all major markets of the world including public equities, fixed income,
credit, foreign exchange, commodities, and may, from time to time, also make privately
negotiated equity and debt investments. The composition of the portfolios relative to actual
underlying asset classes are likely to evolve over time based on the core competencies of each
underlying manager's team.
The carrying amounts of cash and cash equivalents, contributions receivable, net, assets limited as
to use, and accounts payable approximate fair value because of the relative short-term nature of
these instruments.
23
Bill, Hillary & Chelsea Clinton Foundation
The Clinton Foundation through its CGEP initiative engages in certain charitable activities that are
funded by Elevate Social Businesses ("Elevate", formerly Clinton Giustra Enterprise Partnership).
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. During 2018, the Clinton Foundation received $3,366,868 from Elevate.
US GAAP requires disclosure of certain significant estimates and current vulnerabilities due to
certain concentrations. These matters include the following:
100 %
Contribution and grant revenue recorded in the consolidated statement of activities totaled
approximately $24,245,000 for the year ended December 31, 2018.
Litigation
The Clinton Foundation is, from time to time, subject to claims that arise primarily in the ordinary
course of its activities. Currently, management is not aware of any such claim or claims that
would have a material adverse effect on the Clinton Foundation's consolidated financial position
or net assets. Events could occur, however, that would change this estimate materially in the
near term.
Subsequent events have been evaluated through November 6, 2019, which is the date the
consolidated financial statements were available to be issued.
24
Supplementary Information
Bill, Hillary & Chelsea Clinton Foundation
Acceso Acacia
Clinton Worldwide Development
Foundation Fund, Inc. Co. Eliminations Consolidated
Assets
Liabilities
Accounts payable and accrued expenses $ 5,321,458 $ 650 $ - $ (44) $ 5,322,064
Deferred revenue 1,826,160 - - - 1,826,160
Net assets
Without donor restrictions 90,993,047 - - - 90,993,047
With donor restrictions 201,400,008 640,781 144 (640,925) 201,400,008
26
Bill, Hillary & Chelsea Clinton Foundation
Acceso Acacia
Clinton Worldwide Development
Foundation Fund, Inc. Co. Eliminations Consolidated
27
** PUBLIC DISCLOSURE COPY **
Return of Organization Exempt From Income Tax
990
OMB No. 1545-0047
Form
Department of the Treasury
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
| Do not enter social security numbers on this form as it may be made public.
2018
Open to Public
Internal Revenue Service | Go to www.irs.gov/Form990 for instructions and the latest information. Inspection
A For the 2018 calendar year, or tax year beginning and ending
B Check if C Name of organization D Employer identification number
applicable:
BILL, HILLARY & CHELSEA CLINTON
change
Address
FOUNDATION
Name
change Doing business as 31-1580204
Initial
return Number and street (or P.O. box if mail is not delivered to street address) Room/suite E Telephone number
Final
return/ 1200 PRESIDENT CLINTON AVE 501-748-0471
termin-
ated City or town, state or province, country, and ZIP or foreign postal code G Gross receipts $ 61,802,788.
Amended
return LITTLE ROCK, AR 72201 H(a) Is this a group return
F Name and address of principal officer: KEVIN THURM X No
Applica-
tion
pending
for subordinates? ~~ Yes
SAME AS C ABOVE H(b) Are all subordinates included? Yes No
I Tax-exempt status: X 501(c)(3) 501(c) ( ) § (insert no.) 4947(a)(1) or 527 If "No," attach a list. (see instructions)
J Website: | WWW.CLINTONFOUNDATION.ORG H(c) Group exemption number |
X Corporation Trust Association Other |
K Form of organization: L Year of formation: 1997 M State of legal domicile: AR
Part I Summary
1 Briefly describe the organization's mission or most significant activities: SEE SCHEDULE O.
Activities & Governance
2 Check this box | if the organization discontinued its operations or disposed of more than 25% of its net assets.
3 Number of voting members of the governing body (Part VI, line 1a) ~~~~~~~~~~~~~~~~~~~~ 3 11
4 Number of independent voting members of the governing body (Part VI, line 1b) ~~~~~~~~~~~~~~ 4 10
5 Total number of individuals employed in calendar year 2018 (Part V, line 2a) ~~~~~~~~~~~~~~~~ 5 377
6 Total number of volunteers (estimate if necessary) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 6 250
7 a Total unrelated business revenue from Part VIII, column (C), line 12 ~~~~~~~~~~~~~~~~~~~~ 7a 2,808,883.
b Net unrelated business taxable income from Form 990-T, line 38 7b 246,161.
Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ~~~~~~~~~~~~~~~~~~~~~ 26,566,825. 24,167,053.
Revenue
9 Program service revenue (Part VIII, line 2g) ~~~~~~~~~~~~~~~~~~~~~ 1,784,013. 1,681,144.
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) ~~~~~~~~~~~~~ 8,057,710. 3,384,324.
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) ~~~~~~~~ 2,031,306. 1,470,845.
12 Total revenue - add lines 8 through 11 (must equal Part VIII, column (A), line 12) 38,439,854. 30,703,366.
13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) ~~~~~~~~~~~ 2,420,380. 1,766,027.
14 Benefits paid to or for members (Part IX, column (A), line 4) ~~~~~~~~~~~~~ 0. 0.
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) ~~~ 24,856,833. 23,864,370.
Expenses
16a Professional fundraising fees (Part IX, column (A), line 11e) ~~~~~~~~~~~~~~ 71,000. 78,000.
b Total fundraising expenses (Part IX, column (D), line 25) | 2,863,392.
17 Other expenses (Part IX, column (A), lines 11a-11d, 11f-24e) ~~~~~~~~~~~~~ 27,204,902. 21,801,778.
18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25) ~~~~~~~ 54,553,115. 47,510,175.
19 Revenue less expenses. Subtract line 18 from line 12 -16,113,261. -16,806,809.
Fund Balances
=
Here ANDREW M KESSEL, CFO
Type or print name and title
Print/Type preparer's name Preparer's signature Date Check
PTIN
if
9 9
Paid LORI ROTHE YOKOBOSKY, CPA LORI ROTHE YOKOBOSKY, CPA 11/08/19 self-employed P01273422
COHNREZNICK LLP 22-1478099
9
Preparer Firm's name Firm's EIN
Use Only Firm's address 1301 AVENUE OF THE AMERICAS
NEW YORK, NY 10019 Phone no. 212-297-0400
May the IRS discuss this return with the preparer shown above? (see instructions) X
Yes No
832001 12-31-18 LHA For Paperwork Reduction Act Notice, see the separate instructions. Form 990 (2018)
BILL, HILLARY & CHELSEA CLINTON
Form 990 (2018) FOUNDATION 31-1580204 Page 2
Part III Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III X
1 Briefly describe the organization's mission:
THE CLINTON FOUNDATION IS COMMITTED TO IMPROVING LIVES BY WORKING
TOGETHER WITH PARTNERS ACROSS THE UNITED STATES AND AROUND THE WORLD
TO CREATE ECONOMIC OPPORTUNITY, IMPROVE PUBLIC HEALTH, AND INSPIRE
CIVIC ENGAGEMENT AND SERVICE.
2 Did the organization undertake any significant program services during the year which were not listed on the
prior Form 990 or 990-EZ? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ X No
Yes
If "Yes," describe these new services on Schedule O.
3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? ~~~~~~ X No
Yes
If "Yes," describe these changes on Schedule O.
4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses.
Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and
revenue, if any, for each program service reported.
4a (Code: ) (Expenses $ 12,939,483. including grants of $ 15,140. ) (Revenue $ 1,549,075. )
CLINTON PRESIDENTAL CENTER (SEE SCHEDULE O FOR FURTHER DETAILS)
832005 12-31-18
5
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Form 990 (2018) FOUNDATION 31-1580204 Page 6
Part VI Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response
to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI X
Section A. Governing Body and Management
Yes No
1a Enter the number of voting members of the governing body at the end of the tax year ~~~~~~ 1a 11
If there are material differences in voting rights among members of the governing body, or if the governing
body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b Enter the number of voting members included in line 1a, above, who are independent ~~~~~~ 1b 10
2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other
officer, director, trustee, or key employee? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2 X
3 Did the organization delegate control over management duties customarily performed by or under the direct supervision
of officers, directors, or trustees, or key employees to a management company or other person? ~~~~~~~~~~~~~~ 3 X
4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ~~~~~ 4 X
5 Did the organization become aware during the year of a significant diversion of the organization's assets? ~~~~~~~~~ 5 X
6 Did the organization have members or stockholders? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 6 X
7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or
more members of the governing body? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 7a X
b Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or
persons other than the governing body? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 7b X
8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a The governing body? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 8a X
b Each committee with authority to act on behalf of the governing body? ~~~~~~~~~~~~~~~~~~~~~~~~~~ 8b X
9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the
organization's mailing address? If "Yes," provide the names and addresses in Schedule O 9 X
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes No
10a Did the organization have local chapters, branches, or affiliates? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 10a X
b If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates,
and branches to ensure their operations are consistent with the organization's exempt purposes? ~~~~~~~~~~~~~ 10b
11a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? 11a X
b Describe in Schedule O the process, if any, used by the organization to review this Form 990.
12a Did the organization have a written conflict of interest policy? If "No," go to line 13 ~~~~~~~~~~~~~~~~~~~~ 12a X
b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ~~~~~~ 12b X
c Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe
in Schedule O how this was done ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 12c X
13 Did the organization have a written whistleblower policy? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 13 X
14 Did the organization have a written document retention and destruction policy? ~~~~~~~~~~~~~~~~~~~~~~ 14 X
15 Did the process for determining compensation of the following persons include a review and approval by independent
persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a The organization's CEO, Executive Director, or top management official ~~~~~~~~~~~~~~~~~~~~~~~~~~ 15a X
b Other officers or key employees of the organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 15b X
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a
taxable entity during the year? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 16a X
b If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation
in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's
exempt status with respect to such arrangements? 16b X
Section C. Disclosure
17 List the states with which a copy of this Form 990 is required to be filed JAL,AR,CA,FL,GA,HI,IL,KS,KY,MA,MD,MI
18 Section 6104 requires an organization to make its Forms 1023 (1024 or 1024-A if applicable), 990, and 990-T (Section 501(c)(3)s only) available
for public inspection. Indicate how you made these available. Check all that apply.
X
Own website Another's website X
Upon request Other (explain in Schedule O)
19 Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial
statements available to the public during the tax year.
20 State the name, address, and telephone number of the person who possesses the organization's books and records |
ANDREW KESSEL, CFO - 510-748-0471
1200 PRESIDENT CLINTON AVE, LITTLE ROCK, AR 72201
832006 12-31-18 SEE SCHEDULE O FOR FULL LIST OF STATES Form 990 (2018)
6
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Form 990 (2018) FOUNDATION 31-1580204 Page 7
Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated
Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization's tax year.
¥ List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation.
Enter -0- in columns (D), (E), and (F) if no compensation was paid.
¥ List all of the organization's current key employees, if any. See instructions for definition of "key employee."
¥ List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee) who received report-
able compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations.
¥ List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of
reportable compensation from the organization and any related organizations.
¥ List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organization,
more than $10,000 of reportable compensation from the organization and any related organizations.
List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees;
and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A) (B) (C) (D) (E) (F)
Name and Title Average Position Reportable Reportable Estimated
(do not check more than one
hours per box, unless person is both an compensation compensation amount of
officer and a director/trustee)
week Individual trustee or director from from related other
(list any the organizations compensation
hours for organization (W-2/1099-MISC) from the
Highest compensated
Institutional trustee
employee
below organizations
Former
Officer
line)
(1) BRUCE R LINDSEY 45.00
DIRECTOR X 361,390. 0. 42,733.
(2) CHELSEA V. CLINTON 25.00
DIRECTOR X 0. 0. 0.
(3) CHERYL MILLS 5.00
DIRECTOR X 0. 0. 0.
(4) ERIC GOOSBY 5.00
DIRECTOR X 0. 0. 0.
(5) FRANK GIUSTRA 5.00
DIRECTOR X 0. 0. 0.
(6) HADEEL IBRAHIM 5.00
DIRECTOR X 0. 0. 0.
(7) LISA JACKSON 5.00
DIRECTOR X 0. 0. 0.
(8) NIMA TAGHAVI 5.00
DIRECTOR X 0. 0. 0.
(9) ROBERT HARRISON 5.00
DIRECTOR X 0. 0. 0.
(10) ROLANDO GONZALEZ BUNSTER 5.00
DIRECTOR X 0. 0. 0.
(11) WILLIAM JEFFERSON CLINTON 20.00
BOARD CHAIR X 0. 0. 0.
(12) AMY SANDGRUND-FISHER 50.00
GENERAL COUNSEL/ASSIST SEC X 222,757. 0. 50,160.
(13) ANDREW KESSEL 50.00
CFO X 198,616. 0. 40,960.
(14) KEVIN THURM 50.00
CEO X 397,025. 0. 56,362.
(15) STEPHANIE S. STREETT 50.00
EXECUTIVE DIRECTOR, SECRETARY X 207,002. 0. 49,381.
(16) ZAYNEB SHAIKLEY 50.00
ASSISTANT SECRETARY X 156,011. 0. 38,139.
(17) DAVID L. KING 50.00
CHIEF DEVELOPMENT OFFICER X 277,657. 0. 29,886.
832007 12-31-18 Form 990 (2018)
7
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Form 990 (2018) FOUNDATION 31-1580204 Page 8
Part VII Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A) (B) (C) (D) (E) (F)
Name and title Average Position Reportable Reportable Estimated
(do not check more than one
hours per box, unless person is both an compensation compensation amount of
week officer and a director/trustee)
from from related other
(list any
Highest compensated
Institutional trustee
related (W-2/1099-MISC) organization
organizations and related
Key employee
below
employee
organizations
Former
Officer
line)
(18) MAURA PALLY 50.00
EVP PROGRAMS X 302,291. 0. 28,406.
(19) CRAIG MINASSIAN 50.00
CHIEF COMMUNICATIONS OFFICER X 205,745. 0. 49,152.
(20) GREG MILNE 50.00
CHIEF IMPACT AND FOREIGN POLICY OFFI X 194,660. 0. 47,263.
(21) JAMES JENKIN 50.00
CEO CGEP X 237,432. 0. 38,531.
(22) PATRICE MILLER 50.00
CEO TOO SMALL TO FAIL X 215,113. 0. 24,196.
(23) PHILIP BERRY 50.00
CHRO X 207,851. 0. 12,662.
2 Total number of independent contractors (including but not limited to those listed above) who received more than
$100,000 of compensation from the organization | 4
Form 990 (2018)
832008 12-31-18
8
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Form 990 (2018) FOUNDATION 31-1580204 Page 9
Part VIII Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII
(A) (B) (C) (D)
Total revenue Related or Unrelated Revenue excluded
exempt function business from tax under
sections
revenue revenue 512 - 514
1 a Federated campaigns ~~~~~~ 1a 36,380.
Contributions, Gifts, Grants
and Other Similar Amounts
including $ 3,810,831. of
contributions reported on line 1c). See
Part IV, line 18 ~~~~~~~~~~~~~ a 78,569.
b Less: direct expenses ~~~~~~~~~~ b 709,323.
c Net income or (loss) from fundraising events | -630,754. -630,754.
9 a Gross income from gaming activities. See
Part IV, line 19 ~~~~~~~~~~~~~ a
b Less: direct expenses ~~~~~~~~~ b
c Net income or (loss) from gaming activities |
10 a Gross sales of inventory, less returns
and allowances ~~~~~~~~~~~~~ a 2,710,026.
b Less: cost of goods sold ~~~~~~~~ b 936,208.
c Net income or (loss) from sales of inventory | 1,773,818. 273,411. 1,500,407.
Miscellaneous Revenue Business Code
11 a SPEECH REVENUE 900099 369,899. 369,899.
b OTHER REVENUE 900099 357,423. 357,423.
c LOSS ON CDI FARMING 900099 -224,964. -224,964.
d All other revenue ~~~~~~~~~~~~~
e Total. Add lines 11a-11d ~~~~~~~~~~~~~~~ | 502,358.
12 Total revenue. See instructions | 30,703,366. 315,590. 2,808,883. 3,411,840.
832009 12-31-18 Form 990 (2018)
9
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Form 990 (2018) FOUNDATION 31-1580204 Page 10
Part IX Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).
Check if Schedule O contains a response or note to any line in this Part IX
Do not include amounts reported on lines 6b, (A) (B) (C) (D)
Total expenses Program service Management and Fundraising
7b, 8b, 9b, and 10b of Part VIII. expenses general expenses expenses
1 Grants and other assistance to domestic organizations
and domestic governments. See Part IV, line 21 ~ 1,766,027. 1,766,027.
2 Grants and other assistance to domestic
individuals. See Part IV, line 22 ~~~~~~~
3 Grants and other assistance to foreign
organizations, foreign governments, and foreign
individuals. See Part IV, lines 15 and 16 ~~~
4 Benefits paid to or for members ~~~~~~~
5 Compensation of current officers, directors,
trustees, and key employees ~~~~~~~~ 2,458,775. 966,187. 1,185,045. 307,543.
6 Compensation not included above, to disqualified
persons (as defined under section 4958(f)(1)) and
persons described in section 4958(c)(3)(B) ~~~
7 Other salaries and wages ~~~~~~~~~~ 15,689,514. 11,944,535. 2,457,453. 1,287,526.
8 Pension plan accruals and contributions (include
section 401(k) and 403(b) employer contributions) 811,782. 583,127. 161,088. 67,567.
9 Other employee benefits ~~~~~~~~~~ 3,312,572. 2,557,247. 552,042. 203,283.
10 Payroll taxes ~~~~~~~~~~~~~~~~ 1,591,727. 1,236,195. 238,911. 116,621.
11 Fees for services (non-employees):
a Management ~~~~~~~~~~~~~~~~
b Legal ~~~~~~~~~~~~~~~~~~~~ 227,587. 149,713. 77,471. 403.
c Accounting ~~~~~~~~~~~~~~~~~ 496,657. 186,857. 309,800.
d Lobbying ~~~~~~~~~~~~~~~~~~
e Professional fundraising services. See Part IV, line 17 78,000. 78,000.
f Investment management fees ~~~~~~~~
g Other. (If line 11g amount exceeds 10% of line 25,
column (A) amount, list line 11g expenses on Sch O.) 2,135,571. 1,627,782. 341,614. 166,175.
12 Advertising and promotion ~~~~~~~~~ 642,861. 454,699. 161,081. 27,081.
13 Office expenses ~~~~~~~~~~~~~~~ 1,035,013. 487,624. 422,173. 125,216.
14 Information technology ~~~~~~~~~~~ 1,131,727. 316,195. 797,270. 18,262.
15 Royalties ~~~~~~~~~~~~~~~~~~
16 Occupancy ~~~~~~~~~~~~~~~~~ 3,014,215. 2,204,060. 693,496. 116,659.
17 Travel ~~~~~~~~~~~~~~~~~~~ 2,427,065. 1,690,739. 691,254. 45,072.
18 Payments of travel or entertainment expenses
for any federal, state, or local public officials ~
19 Conferences, conventions, and meetings ~~ 1,692,447. 1,644,152. 48,295.
20 Interest ~~~~~~~~~~~~~~~~~~
21 Payments to affiliates ~~~~~~~~~~~~
22 Depreciation, depletion, and amortization ~~ 4,539,620. 4,309,644. 195,438. 34,538.
23 Insurance ~~~~~~~~~~~~~~~~~ 523,179. 139,493. 379,491. 4,195.
24 Other expenses. Itemize expenses not covered
above. (List miscellaneous expenses in line 24e. If line
24e amount exceeds 10% of line 25, column (A)
amount, list line 24e expenses on Schedule O.)
a DIRECT PROGRAM 1,431,259. 1,431,259.
b LOSS ON PROGRAM INVESTM 1,283,024. 1,283,024.
c STAFF TRAINING AND DEVE 371,360. 207,212. 133,998. 30,150.
d EXHIBITS AND FIXTURES 326,035. 326,035.
e All other expenses 524,158. 225,186. 63,871. 235,101.
25 Total functional expenses. Add lines 1 through 24e 47,510,175. 35,736,992. 8,909,791. 2,863,392.
26 Joint costs. Complete this line only if the organization
reported in column (B) joint costs from a combined
educational campaign and fundraising solicitation.
Check here | if following SOP 98-2 (ASC 958-720)
832011 12-31-18
11
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Form 990 (2018) FOUNDATION 31-1580204 Page 12
Part XI Reconciliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI X
1 Total revenue (must equal Part VIII, column (A), line 12) ~~~~~~~~~~~~~~~~~~~~~~~~~~ 1 30,703,366.
2 Total expenses (must equal Part IX, column (A), line 25) ~~~~~~~~~~~~~~~~~~~~~~~~~~ 2 47,510,175.
3 Revenue less expenses. Subtract line 2 from line 1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 3 -16,806,809.
4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ~~~~~~~~~~ 4 323,470,879.
5 Net unrealized gains (losses) on investments ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 5 -13,553,472.
6 Donated services and use of facilities ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 6
7 Investment expenses ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 7
8 Prior period adjustments ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 8
9 Other changes in net assets or fund balances (explain in Schedule O) ~~~~~~~~~~~~~~~~~~~ 9 -717,543.
10 Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33,
column (B)) 10 292,393,055.
Part XII Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII X
Yes No
1 Accounting method used to prepare the Form 990: Cash X
Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain in Schedule O.
2 a Were the organization's financial statements compiled or reviewed by an independent accountant? ~~~~~~~~~~~~ 2a X
If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a
separate basis, consolidated basis, or both:
Separate basis Consolidated basis Both consolidated and separate basis
b Were the organization's financial statements audited by an independent accountant? ~~~~~~~~~~~~~~~~~~~ 2b X
If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis,
consolidated basis, or both:
Separate basis X
Consolidated basis Both consolidated and separate basis
c If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit,
review, or compilation of its financial statements and selection of an independent accountant? ~~~~~~~~~~~~~~~ 2c X
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3 a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit
Act and OMB Circular A-133? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 3a X
b If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit
or audits, explain why in Schedule O and describe any steps taken to undergo such audits 3b
Form 990 (2018)
832012 12-31-18
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10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
SCHEDULE A OMB No. 1545-0047
Public Charity Status and Public Support
(Form 990 or 990-EZ)
Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
2018
Department of the Treasury | Attach to Form 990 or Form 990-EZ. Open to Public
Internal Revenue Service
| Go to www.irs.gov/Form990 for instructions and the latest information. Inspection
Name of the organization BILL, HILLARY & CHELSEA CLINTON Employer identification number
FOUNDATION 31-1580204
Part I Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)
1 A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).
2 A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990 or 990-EZ).)
3 A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).
4 A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name,
city, and state:
5 An organization operated for the benefit of a college or university owned or operated by a governmental unit described in
section 170(b)(1)(A)(iv). (Complete Part II.)
6 A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).
7 X
An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in
section 170(b)(1)(A)(vi). (Complete Part II.)
8 A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)
9 An agricultural research organization described in section 170(b)(1)(A)(ix) operated in conjunction with a land-grant college
or university or a non-land-grant college of agriculture (see instructions). Enter the name, city, and state of the college or
university:
10 An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from
activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment
income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975.
See section 509(a)(2). (Complete Part III.)
11 An organization organized and operated exclusively to test for public safety. See section 509(a)(4).
12 An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or
more publicly supported organizations described in section 509(a)(1) or section 509(a)(2) . See section 509(a)(3). Check the box in
lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.
a Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving
the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting
organization. You must complete Part IV, Sections A and B.
b Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having
control or management of the supporting organization vested in the same persons that control or manage the supported
organization(s). You must complete Part IV, Sections A and C.
c Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with,
its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.
d Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s)
that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness
requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.
e Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III
functionally integrated, or Type III non-functionally integrated supporting organization.
f Enter the number of supported organizations ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
g Provide the following information about the supported organization(s).
(i) Name of supported (ii) EIN (iii) Type of organization (iv) Is the organization listed (v) Amount of monetary (vi) Amount of other
in your governing document?
organization (described on lines 1-10 support (see instructions) support (see instructions)
above (see instructions)) Yes No
Total
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. 832021 10-11-18 Schedule A (Form 990 or 990-EZ) 2018
13
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Schedule A (Form 990 or 990-EZ) 2018 FOUNDATION 31-1580204 Page 2
Part II Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization
fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) | (a) 2014 (b) 2015 (c) 2016 (d) 2017 (e) 2018 (f) Total
1 Gifts, grants, contributions, and
membership fees received. (Do not
include any "unusual grants.") ~~ 172,579,474. 108,915,463. 62,901,979. 26,566,825. 24,167,053. 395,130,794.
2 Tax revenues levied for the organ-
ization's benefit and either paid to
or expended on its behalf ~~~~
3 The value of services or facilities
furnished by a governmental unit to
the organization without charge ~
4 Total. Add lines 1 through 3 ~~~ 172,579,474. 108,915,463. 62,901,979. 26,566,825. 24,167,053. 395,130,794.
5 The portion of total contributions
by each person (other than a
governmental unit or publicly
supported organization) included
on line 1 that exceeds 2% of the
amount shown on line 11,
column (f) ~~~~~~~~~~~~ 19,835,464.
6 Public support. Subtract line 5 from line 4. 375,295,330.
Section B. Total Support
Calendar year (or fiscal year beginning in) | (a) 2014 (b) 2015 (c) 2016 (d) 2017 (e) 2018 (f) Total
7 Amounts from line 4 ~~~~~~~ 172,579,474. 108,915,463. 62,901,979. 26,566,825. 24,167,053. 395,130,794.
8 Gross income from interest,
dividends, payments received on
securities loans, rents, royalties,
and income from similar sources ~ 387,303. 4,027,331. 5,649,855. 5,886,908. 7,993,453. 23,944,850.
9 Net income from unrelated business
activities, whether or not the
business is regularly carried on ~ 1,885,973. 2,043,949. 2,024,689. 2,576,483. 2,808,883. 11,339,977.
10 Other income. Do not include gain
or loss from the sale of capital
assets (Explain in Part VI.) ~~~~ 4,969,390. 1,320,233. 671,270. 1,335,840. 1,079,302. 9,376,035.
11 Total support. Add lines 7 through 10 439,791,656.
12 Gross receipts from related activities, etc. (see instructions) ~~~~~~~~~~~~~~~~~~~~~~~ 12 8,376,589.
13 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)
organization, check this box and stop here |
Section C. Computation of Public Support Percentage
14 Public support percentage for 2018 (line 6, column (f) divided by line 11, column (f)) ~~~~~~~~~~~~ 14 85.33 %
15 Public support percentage from 2017 Schedule A, Part II, line 14 ~~~~~~~~~~~~~~~~~~~~~ 15 89.07 %
16a 33 1/3% support test - 2018. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and
stop here. The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ X
|
b 33 1/3% support test - 2017. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
17a 10% -facts-and-circumstances test - 2018. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more,
and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization
meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~ |
b 10% -facts-and-circumstances test - 2017. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or
more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the
organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ~~~~~~~~ |
18 Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions |
Schedule A (Form 990 or 990-EZ) 2018
832022 10-11-18
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10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Schedule A (Form 990 or 990-EZ) 2018 FOUNDATION 31-1580204 Page 3
Part III Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to
qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) | (a) 2014 (b) 2015 (c) 2016 (d) 2017 (e) 2018 (f) Total
1 Gifts, grants, contributions, and
membership fees received. (Do not
include any "unusual grants.") ~~
2 Gross receipts from admissions,
merchandise sold or services per-
formed, or facilities furnished in
any activity that is related to the
organization's tax-exempt purpose
3 Gross receipts from activities that
are not an unrelated trade or bus-
iness under section 513 ~~~~~
4 Tax revenues levied for the organ-
ization's benefit and either paid to
or expended on its behalf ~~~~
5 The value of services or facilities
furnished by a governmental unit to
the organization without charge ~
6 Total. Add lines 1 through 5 ~~~
7 a Amounts included on lines 1, 2, and
3 received from disqualified persons
b Amounts included on lines 2 and 3 received
from other than disqualified persons that
exceed the greater of $5,000 or 1% of the
amount on line 13 for the year ~~~~~~
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1
2 Enter 85% of line 1 2
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3
4 Enter greater of line 2 or line 3 4
5 Income tax imposed in prior year 5
6 Distributable Amount. Subtract line 5 from line 4, unless subject to
emergency temporary reduction (see instructions) 6
7 Check here if the current year is the organization's first as a non-functionally integrated Type III supporting organization (see
instructions).
Schedule A (Form 990 or 990-EZ) 2018
832026 10-11-18
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10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Schedule A (Form 990 or 990-EZ) 2018 FOUNDATION 31-1580204 Page 7
Part V Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations (continued)
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes
2 Amounts paid to perform activity that directly furthers exempt purposes of supported
organizations, in excess of income from activity
3 Administrative expenses paid to accomplish exempt purposes of supported organizations
4 Amounts paid to acquire exempt-use assets
5 Qualified set-aside amounts (prior IRS approval required)
6 Other distributions (describe in Part VI ). See instructions.
7 Total annual distributions. Add lines 1 through 6.
8 Distributions to attentive supported organizations to which the organization is responsive
(provide details in Part VI ). See instructions.
9 Distributable amount for 2018 from Section C, line 6
10 Line 8 amount divided by line 9 amount
(i) (ii) (iii)
Section E - Distribution Allocations (see instructions) Excess Distributions Underdistributions Distributable
Pre-2018 Amount for 2018
832027 10-11-18
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10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Schedule A (Form 990 or 990-EZ) 2018 FOUNDATION 31-1580204 Page 8
Part VI Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12;
Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C,
line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a, and 3b; Part V, line 1; Part V, Section B, line 1e; Part V,
Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information.
(See instructions.)
OTHER INCOME
CAFE REVENUE
SPEECH REVENUE
2016 AMOUNT: $ 0.
FUNDRAISING REVENUE
2016 AMOUNT: $ 0.
2018 AMOUNT: $ 0.
2018
| Attach to Form 990, Form 990-EZ, or Form 990-PF.
or 990-PF)
Department of the Treasury
| Go to www.irs.gov/Form990 for the latest information.
Internal Revenue Service
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
X
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33 1/3% support test of the regulations under
sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from
any one contributor, during the year, total contributions of the greater of (1) $5,000; or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h;
or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor, during the
year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the
prevention of cruelty to children or animals. Complete Parts I (entering "N/A" in column (b) instead of the contributor name and address),
II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor, during the
year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box
is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc.,
purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively
religious, charitable, etc., contributions totaling $5,000 or more during the year ~~~~~~~~~~~~~~~ | $
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990, 990-EZ, or 990-PF),
but it must answer "No" on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ or on its Form 990-PF, Part I, line 2, to
certify that it doesn't meet the filing requirements of Schedule B (Form 990, 990-EZ, or 990-PF).
LHA For Paperwork Reduction Act Notice, see the instructions for Form 990, 990-EZ, or 990-PF. Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
823451 11-08-18
Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
Name of organization Employer identification number
BILL, HILLARY & CHELSEA CLINTON
FOUNDATION 31-1580204
Part I Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
1 Person X
Payroll
$ 3,366,868. Noncash
(Complete Part II for
noncash contributions.)
2 Person X
Payroll
$ 1,004,758. Noncash
(Complete Part II for
noncash contributions.)
3 Person X
Payroll
$ 500,000. Noncash
(Complete Part II for
noncash contributions.)
4 Person X
Payroll
$ 2,199,585. Noncash
(Complete Part II for
noncash contributions.)
5 Person X
Payroll
$ 1,077,415. Noncash
(Complete Part II for
noncash contributions.)
6 Person X
Payroll
$ 800,000. Noncash
(Complete Part II for
noncash contributions.)
823452 11-08-18 Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
23
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
Name of organization Employer identification number
BILL, HILLARY & CHELSEA CLINTON
FOUNDATION 31-1580204
Part I Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
7 Person X
Payroll
$ 1,024,991. Noncash
(Complete Part II for
noncash contributions.)
8 Person
Payroll
$ 1,058,250. Noncash X
(Complete Part II for
noncash contributions.)
9 Person X
Payroll
$ 874,382. Noncash
(Complete Part II for
noncash contributions.)
Person
Payroll
$ Noncash
(Complete Part II for
noncash contributions.)
Person
Payroll
$ Noncash
(Complete Part II for
noncash contributions.)
Person
Payroll
$ Noncash
(Complete Part II for
noncash contributions.)
823452 11-08-18 Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
24
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 3
Name of organization Employer identification number
BILL, HILLARY & CHELSEA CLINTON
FOUNDATION 31-1580204
Part II Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
(c)
No. (b) (d)
FMV (or estimate)
from Description of noncash property given Date received
(See instructions.)
Part I
VARIOUS DIRECT CONFERENCE EXPENSES
8
$ 1,058,250. 12/31/18
(a)
(c)
No. (b) (d)
FMV (or estimate)
from Description of noncash property given Date received
(See instructions.)
Part I
(a)
(c)
No. (b) (d)
FMV (or estimate)
from Description of noncash property given Date received
(See instructions.)
Part I
(a)
(c)
No. (b) (d)
FMV (or estimate)
from Description of noncash property given Date received
(See instructions.)
Part I
(a)
(c)
No. (b) (d)
FMV (or estimate)
from Description of noncash property given Date received
(See instructions.)
Part I
(a)
(c)
No. (b) (d)
FMV (or estimate)
from Description of noncash property given Date received
(See instructions.)
Part I
$
823453 11-08-18 Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
25
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 4
Name of organization Employer identification number
BILL, HILLARY & CHELSEA CLINTON
FOUNDATION 31-1580204
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year
from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations
completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this info. once.) |$
Use duplicate copies of Part III if additional space is needed.
(a) No.
from (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
Part I
(a) No.
from (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
Part I
(a) No.
from (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
Part I
(a) No.
from (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
Part I
832052 10-29-18
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10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Schedule D (Form 990) 2018 FOUNDATION 31-1580204 Page 3
Part VII Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category (including name of security) (b) Book value (c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives ~~~~~~~~~~~~~~~
(2) Closely-held equity interests ~~~~~~~~~~~
(3) Other
(A) HEDGED EQUITY 16,658,300. END-OF-YEAR MARKET VALUE
(B) SELECT EQUITY 42,818,883. END-OF-YEAR MARKET VALUE
(C) INTERMEDIATE FUND 17,329,448. END-OF-YEAR MARKET VALUE
(D) STRATEGIC FIXED INCOME 14,379,820. END-OF-YEAR MARKET VALUE
(E) PRIVATE EQUITY 14,215,060. END-OF-YEAR MARKET VALUE
(F) DIVERSIFIED STRATEGY FUNDS 16,479,934. END-OF-YEAR MARKET VALUE
(G)
(H)
Total. (Col. (b) must equal Form 990, Part X, col. (B) line 12.) | 121,881,445.
Part VIII Investments - Program Related.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation: Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Col. (b) must equal Form 990, Part X, col. (B) line 13.) |
Part IX Other Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 15.) |
Part X Other Liabilities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1. (a) Description of liability (b) Book value
(1) Federal income taxes
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 25.) |
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the
organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII X
Schedule D (Form 990) 2018
832053 10-29-18
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10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
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Schedule D (Form 990) 2018 FOUNDATION 31-1580204 Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return.
Complete if the organization answered "Yes" on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ~~~~~~~~~~~~~~~~~~~ 1
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments ~~~~~~~~~~~~~~~~~~ 2a
b Donated services and use of facilities ~~~~~~~~~~~~~~~~~~~~~~ 2b
c Recoveries of prior year grants ~~~~~~~~~~~~~~~~~~~~~~~~~ 2c
d Other (Describe in Part XIII.) ~~~~~~~~~~~~~~~~~~~~~~~~~~
2d
e Add lines 2a through 2d ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2e
3 Subtract line 2e from line 1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 3
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b ~~~~~~~~ 4a
b Other (Describe in Part XIII.) ~~~~~~~~~~~~~~~~~~~~~~~~~~ 4b
c Add lines 4a and 4b ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 4c
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) 5
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return.
Complete if the organization answered "Yes" on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ~~~~~~~~~~~~~~~~~~~~~~~~~~ 1
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ~~~~~~~~~~~~~~~~~~~~~~ 2a
b Prior year adjustments ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2b
c Other losses ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2c
d Other (Describe in Part XIII.) ~~~~~~~~~~~~~~~~~~~~~~~~~~
2d
e Add lines 2a through 2d ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2e
3 Subtract line 2e from line 1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 3
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b ~~~~~~~~ 4a
b Other (Describe in Part XIII.) ~~~~~~~~~~~~~~~~~~~~~~~~~~ 4b
c Add lines 4a and 4b ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 4c
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) 5
Part XIII Supplemental Information.
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part IV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI,
lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
PART V, LINE 4:
PART X, LINE 2:
AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2018, THERE ARE NO UNCERTAIN
2 For grantmakers. Describe in Part V the organization's procedures for monitoring the use of its grants and other assistance outside the
United States.
3 Activities per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of (c) Number of (d) Activities conducted in the region (e) If activity listed in (d) (f) Total
offices employees, (by type) (such as, fundraising, pro- is a program service, expenditures
agents, and for and
in the region independent gram services, investments, grants to describe specific type
contractors investments
recipients located in the region) of service(s) in the region in the region
in the region
832071 10-31-18
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BILL, HILLARY & CHELSEA CLINTON
Schedule F (Form 990) 2018 FOUNDATION 31-1580204 Page 2
Part II Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any
recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt
by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter ~~~~~~~~~~~~~~~~~~~~~~ |
3 Enter total number of other organizations or entities |
Schedule F (Form 990) 2018
832072 10-31-18
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BILL, HILLARY & CHELSEA CLINTON
Schedule F (Form 990) 2018 FOUNDATION 31-1580204 Page 3
Part III Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(c) Number of (d) Amount of (e) Manner of (f) Amount of (g) Description of (h) Method of
(a) Type of grant or assistance (b) Region recipients cash grant cash disbursement noncash noncash assistance valuation
assistance (book, FMV,
appraisal, other)
832073 10-31-18
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BILL, HILLARY & CHELSEA CLINTON
Schedule F (Form 990) 2018 FOUNDATION 31-1580204 Page 4
Part IV Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the
organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign
Corporation (see Instructions for Form 926) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ X
Yes No
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization
may be required to separately file Form 3520, Annual Return To Report Transactions With Foreign
Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign
Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990) ~~~~~~~~~~~ Yes X
No
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes,"
the organization may be required to file Form 5471, Information Return of U.S. Persons With Respect To
Certain Foreign Corporations (see Instructions for Form 5471) ~~~~~~~~~~~~~~~~~~~~~~~~~~~ X
Yes No
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a
qualified electing fund during the tax year? If "Yes," the organization may be required to file Form 8621,
Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund
(see Instructions for Form 8621) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Yes X
No
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes,"
the organization may be required to file Form 8865, Return of U.S. Persons With Respect to Certain
Foreign Partnerships (see Instructions for Form 8865) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ X
Yes No
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If
"Yes," the organization may be required to separately file Form 5713, International Boycott Report (see
Instructions for Form 5713; don't file with Form 990) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Yes X
No
832074 10-31-18
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10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Schedule F (Form 990) 2018 FOUNDATION 31-1580204 Page 5
Part V Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of
investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c)
(estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.
PART I, LINE 2:
DETAILING THE USE OF GRANT FUNDS. THE RELEVANT GROUP INITIATIVE WITHIN
THE FOUNDATION REVIEWS THESE REPORTS FOR PROPER USE OF GRANT FUNDS AND
CONTINUED FUNDING.
(Form 990 or 990-EZ) Complete if the organization answered "Yes" on Form 990, Part IV, line 17, 18, or 19, or if the
organization entered more than $15,000 on Form 990-EZ, line 6a. 2018
Department of the Treasury | Attach to Form 990 or Form 990-EZ. Open to Public
Internal Revenue Service
| Go to www.irs.gov/Form990 for instructions and the latest information. Inspection
Name of the organization BILL, HILLARY & CHELSEA CLINTON Employer identification number
FOUNDATION 31-1580204
Part I Fundraising Activities. Complete if the organization answered "Yes" on Form 990, Part IV, line 17. Form 990-EZ filers are not
required to complete this part.
1 Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a X Mail solicitations e X Solicitation of non-government grants
b X
Internet and email solicitations X Solicitation of government grants
f
c X
Phone solicitations X Special fundraising events
g
d X
In-person solicitations
2 a Did the organization have a written or oral agreement with any individual (including officers, directors, trustees, or
key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services? X
Yes No
b If "Yes," list the 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is to be
compensated at least $5,000 by the organization.
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule G (Form 990 or 990-EZ) 2018
SEE PART IV FOR CONTINUATIONS
832081 10-03-18
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10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Schedule G (Form 990 or 990-EZ) 2018 FOUNDATION 31-1580204 Page 2
Part II Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000
of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.
(a) Event #1 (b) Event #2 (c) Other events
(d) Total events
(add col. (a) through
NY GALA DC EVENT 14
col. (c))
(event type) (event type) (total number)
Revenue
3 Gross income (line 1 minus line 2) 33,650. 28,200. 16,719. 78,569.
8 Entertainment ~~~~~~~~~~~~~~ 0.
9 Other direct expenses ~~~~~~~~~~ 173,553. 87,018. 256,579. 517,150.
10 Direct expense summary. Add lines 4 through 9 in column (d) ~~~~~~~~~~~~~~~~~~~~~~~~ | 709,323.
11 Net income summary. Subtract line 10 from line 3, column (d) | -630,754.
Part III Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than
$15,000 on Form 990-EZ, line 6a.
(b) Pull tabs/instant (d) Total gaming (add
(a) Bingo (c) Other gaming
Revenue
8 Net gaming income summary. Subtract line 7 from line 1, column (d) |
10 a Were any of the organization's gaming licenses revoked, suspended, or terminated during the tax year? ~~~~~~~~~ Yes No
b If "Yes," explain:
38
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BILL, HILLARY & CHELSEA CLINTON
Schedule G (Form 990 or 990-EZ) 2018 FOUNDATION 31-1580204 Page 3
11 Does the organization conduct gaming activities with nonmembers?~~~~~~~~~~~~~~~~~~~~~~~~~~~ Yes No
12 Is the organization a grantor, beneficiary or trustee of a trust, or a member of a partnership or other entity formed
to administer charitable gaming? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Yes No
13 Indicate the percentage of gaming activity conducted in:
a The organization's facility ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 13a %
b An outside facility ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 13b %
14 Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name |
Address |
15 a Does the organization have a contract with a third party from whom the organization receives gaming revenue? ~~~~~~ Yes No
b If "Yes," enter the amount of gaming revenue received by the organization | $ and the amount
of gaming revenue retained by the third party | $
c If "Yes," enter name and address of the third party:
Name |
Address |
Name |
17 Mandatory distributions:
a Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Yes No
b Enter the amount of distributions required under state law to be distributed to other exempt organizations or spent in the
organization's own exempt activities during the tax year | $
Part IV Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b,
15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.
2 Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ | 1.
3 Enter total number of other organizations listed in the line 1 table |
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule I (Form 990) (2018)
832101 11-02-18
41
BILL, HILLARY & CHELSEA CLINTON
Schedule I (Form 990) (2018) FOUNDATION 31-1580204 Page 2
Part III Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of (c) Amount of (d) Amount of non- (e) Method of valuation (f) Description of noncash assistance
recipients cash grant cash assistance (book, FMV, appraisal, other)
Part IV Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
PART I, LINE 2:
DETAILING THE USE OF GRANT FUNDS. THE RELEVANT GROUP INITIATIVE WITHIN THE
FOUNDATION REVIEWS THESE REPORTS FOR PROPER USE OF GRANT FUNDS AND
CONTINUED FUNDING.
(Form 990) For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
| Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
2018
Department of the Treasury | Attach to Form 990. Open to Public
Internal Revenue Service | Go to www.irs.gov/Form990 for instructions and the latest information. Inspection
Name of the organization BILL, HILLARY & CHELSEA CLINTON Employer identification number
FOUNDATION 31-1580204
Part I Questions Regarding Compensation
Yes No
1a Check the appropriate box(es) if the organization provided any of the following to or for a person listed on Form 990,
Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
X
First-class or charter travel Housing allowance or residence for personal use
Travel for companions Payments for business use of personal residence
Tax indemnification and gross-up payments Health or social club dues or initiation fees
Discretionary spending account Personal services (such as maid, chauffeur, chef)
b If any of the boxes on line 1a are checked, did the organization follow a written policy regarding payment or
reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain ~~~~~~~~~~~ 1b X
2 Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all directors,
trustees, and officers, including the CEO/Executive Director, regarding the items checked on line 1a? ~~~~~~~~~~~~ 2 X
3 Indicate which, if any, of the following the filing organization used to establish the compensation of the organization's
CEO/Executive Director. Check all that apply. Do not check any boxes for methods used by a related organization to
establish compensation of the CEO/Executive Director, but explain in Part III.
Compensation committee Written employment contract
X
Independent compensation consultant X
Compensation survey or study
Form 990 of other organizations X
Approval by the board or compensation committee
4 During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing
organization or a related organization:
a Receive a severance payment or change-of-control payment? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 4a X
b Participate in, or receive payment from, a supplemental nonqualified retirement plan? ~~~~~~~~~~~~~~~~~~~~ 4b X
c Participate in, or receive payment from, an equity-based compensation arrangement? ~~~~~~~~~~~~~~~~~~~~ 4c X
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only section 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5 For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation
contingent on the revenues of:
a The organization? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 5a X
b Any related organization? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 5b X
If "Yes" on line 5a or 5b, describe in Part III.
6 For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation
contingent on the net earnings of:
a The organization? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 6a X
b Any related organization? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 6b X
If "Yes" on line 6a or 6b, describe in Part III.
7 For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed payments
not described on lines 5 and 6? If "Yes," describe in Part III ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 7 X
8 Were any amounts reported on Form 990, Part VII, paid or accrued pursuant to a contract that was subject to the
initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe in Part III ~~~~~~~~~~~ 8 X
9 If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in
Regulations section 53.4958-6(c)? 9
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule J (Form 990) 2018
832111 10-26-18
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10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Schedule J (Form 990) 2018 FOUNDATION 31-1580204 Page 2
Part II Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the instructions, on row (ii).
Do not list any individuals that aren't listed on Form 990, Part VII.
Note: The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and (D) Nontaxable (E) Total of columns (F) Compensation
other deferred benefits (B)(i)-(D) in column (B)
(i) Base (ii) Bonus & (iii) Other compensation reported as deferred
(A) Name and Title compensation incentive reportable on prior Form 990
compensation compensation
THE CLINTON FOUNDATION HAS A TRAVEL AND BUSINESS EXPENSE POLICY APPLICABLE
TO OFFICERS AND KEY EMPLOYEES AS PART OF ITS GLOBAL CODE OF CONDUCT. THE
POLICY PROVIDES THAT TRAVEL MUST BE BY THE "LOWEST COMMERCIAL COACH CLASS
FARE," WITH CERTAIN LIMITED EXCEPTIONS WHEN AIR TRAVEL EXCEEDS 9 HOURS OR
WORK SOON AFTER ARRIVAL. IN THESE LIMITED CIRCUMSTANCES, TRAVEL MAY BE VIA
THE LOWEST COMMERCIAL CLASS ABOVE COACH CLASS, WHICH IS TYPICALLY BUSINESS
CLASS.
ON A CASE BY CASE BASIS, WILLIAM J. CLINTON AND CHELSEA V. CLINTON MAY HAVE
REQUIRED TRAVEL VIA FIRST CLASS. IN ADDITION, ON A CASE BY CASE BASIS DUE
CHARTER.
ON A CASE BY CASE BASIS, WILLIAM J. CLINTON AND CHELSEA V. CLINTON MAY HAVE
REQUIRED TRAVEL VIA FIRST CLASS. IN ADDITION, ON A CASE BY CASE BASIS DUE
832113 10-26-18
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BILL, HILLARY & CHELSEA CLINTON
Schedule J (Form 990) 2018 FOUNDATION 31-1580204 Page 3
Part III Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
CHARTER.
THE AMOUNTS INCLUDED IN PART II, COLUMN B(II) REPRESENT BONUSES THAT
832113 10-26-18
46
SCHEDULE M Noncash Contributions OMB No. 1545-0047
(Form 990)
J Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30. 2018
Department of the Treasury J Attach to Form 990. Open to Public
Internal Revenue Service
J Go to www.irs.gov/Form990 for instructions and the latest information. Inspection
Name of the organization BILL, HILLARY & CHELSEA CLINTON Employer identification number
FOUNDATION 31-1580204
Part I Types of Property
(a) (b) (c) (d)
Check if Number of Noncash contribution Method of determining
applicable contributions or amounts reported on noncash contribution amounts
items contributed Form 990, Part VIII, line 1g
1 Art - Works of art ~~~~~~~~~~~~~
2 Art - Historical treasures ~~~~~~~~~
3 Art - Fractional interests ~~~~~~~~~~
4 Books and publications ~~~~~~~~~~
5 Clothing and household goods ~~~~~~
6 Cars and other vehicles ~~~~~~~~~~
7 Boats and planes ~~~~~~~~~~~~~
8 Intellectual property ~~~~~~~~~~~
9 Securities - Publicly traded ~~~~~~~~ X 16 1,111,842. FMV
10 Securities - Closely held stock ~~~~~~~
11 Securities - Partnership, LLC, or
trust interests ~~~~~~~~~~~~~~
12 Securities - Miscellaneous ~~~~~~~~
13 Qualified conservation contribution -
Historic structures ~~~~~~~~~~~~
14 Qualified conservation contribution - Other ~
15 Real estate - Residential ~~~~~~~~~
16 Real estate - Commercial ~~~~~~~~~
17 Real estate - Other ~~~~~~~~~~~~
18 Collectibles ~~~~~~~~~~~~~~~~
19 Food inventory ~~~~~~~~~~~~~~ X 3 350,239. FMV
20 Drugs and medical supplies ~~~~~~~~
21 Taxidermy ~~~~~~~~~~~~~~~~
22 Historical artifacts ~~~~~~~~~~~~
23 Scientific specimens ~~~~~~~~~~~
24 Archeological artifacts ~~~~~~~~~~
25 Other J ( EVENT COSTS ) X 1 743,250. ACTUAL COST
26 Other J ( )
27 Other J ( )
28 Other J ( )
29 Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ~~~~ 29
Yes No
30a During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it
must hold for at least three years from the date of the initial contribution, and which isn't required to be used for
exempt purposes for the entire holding period? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 30a X
b If "Yes," describe the arrangement in Part II.
31 Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions? ~~~~~~ 31 X
32a Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 32a X
b If "Yes," describe in Part II.
33 If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule M (Form 990) 2018
832141 10-18-18
47
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Schedule M (Form 990) 2018 FOUNDATION 31-1580204 Page 2
Part II Supplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization
is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete
this part for any additional information.
48
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
Supplemental Information to Form 990 or 990-EZ
OMB No. 1545-0047
SCHEDULE O
(Form 990 or 990-EZ) Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information. 2018
Open to Public
Department of the Treasury | Attach to Form 990 or 990-EZ.
Internal Revenue Service | Go to www.irs.gov/Form990 for the latest information. Inspection
Name of the organization BILL, HILLARY & CHELSEA CLINTON Employer identification number
FOUNDATION 31-1580204
CAREGIVERS WITH TOOLS TO TALK, READ, AND SING WITH THEIR YOUNG CHILDREN
COLLEGE STUDENTS IMPROVE THE LIVES OF OTHERS AND CHANGE THE WORLD;
AND IS HOME TO THE CLINTON PRESIDENTIAL LIBRARY AND MUSEUM, ONE OF THE
LIBRARY AND MUSEUM AND THE CLINTON SCHOOL OF PUBLIC SERVICE; AND IS A
THE WORK PAST, PRESENT, AND FUTURE OF THE 42ND PRESIDENT OF THE
BILL CLINTON AND PRESIDENT GEORGE W. BUSH MET WITH SCHOLARS AND SHARED
GOVERNMENTS AND HELPING TO GROW ECONOMIES. IN 2018, CCI JOINED WITH THE
GOVERNMENT AND UTILITY OF ST. LUCIA TO OPEN A SOLAR FARM ON THE ISLAND,
COUNTRY.
COLOMBIA, AND HAITI THROUGH SOCIAL BUSINESSES THAT SOURCE FOOD LIKE
THE UNIVERSITY OF CHICAGO, WHERE STUDENT LEADERS FROM AROUND THE WORLD
PROGRAMMING, DRUG TAKEBACK DAY EVENTS, AND TRAINING FOR THE LIFE-SAVING
LIBRARY AND MUSEUM AND THE CLINTON SCHOOL OF PUBLIC SERVICE; AND IS A
832212 10-10-18 Schedule O (Form 990 or 990-EZ) (2018)
52
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
Schedule O (Form 990 or 990-EZ) (2018) Page 2
Name of the organization BILL, HILLARY & CHELSEA CLINTON Employer identification number
FOUNDATION 31-1580204
THE WORK PAST, PRESENT, AND FUTURE OF THE 42ND PRESIDENT OF THE
BILL CLINTON AND PRESIDENT GEORGE W. BUSH MET WITH SCHOLARS AND SHARED
PARENTS WITH TOOLS TO TALK, READ, AND SING WITH THEIR YOUNG CHILDREN
TOO SMALL TO FAIL IS MEETING PARENTS WHERE THEY ARE TO HELP THEM
PREPARE THEIR CHILDREN FOR SUCCESS IN SCHOOL AND BEYOND. WHETHER AT THE
HEALTH AND WELL-BEING OF CHILDREN AND ADOLESCENTS THROUGH ITS WORK WITH
INDIA
DIRECTORS: CLASS A AND CLASS B. ACTIONS BY THE BOARD REQUIRE THE SUPPORT OF
BOARD ELECTED BY THE CLASS A DIRECTORS. THE EXECUTIVE COMMITTEE MAY ACT FOR
THE BOARD BETWEEN MEETINGS, AND RESERVES THE EXCLUSIVE AUTHORITY TO REVIEW
AND APPROVE DECISIONS RELATED TO THE USE OF THE CLINTON NAME AND THE
RELATIONSHIP.
BOARD OF DIRECTORS.
A COPY OF THE ORGANIZATION'S FORM 990 IS CIRCULATED TO THE BOARD, AMONG THE
VARIOUS OFFICERS AND AMONG THE VARIOUS INITIATIVE HEADS FOR REVIEW PRIOR TO
FILING.
WOULD BE TAKEN.
WE PERFORM AN INTERNAL ANALYSIS BASED ON MARKET DATA DERIVED FROM ERI, PRM
FORM 990, PART VI, LINE 17, LIST OF STATES RECEIVING COPY OF FORM 990:
AL,AR,CA,FL,GA,HI,IL,KS,KY,MA,MD,MI,MN,MS,NC,OK,OR,PA,RI,SC,TN,VA,WI,WV,NH
NJ,NM,NY,ND
THE ORGANIZATION MAKES ITS AUDITED FINANCIAL STATEMENTS AND ANNUAL REPORT
AVAILABLE ON ITS WEBSITE. ALL OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON
REQUEST.
Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related tax-exempt
Part II organizations during the tax year.
For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule R (Form 990) 2018
Part III Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related
organizations treated as a partnership during the tax year.
(a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k)
Legal
Name, address, and EIN Primary activity domicile
Direct controlling Predominant income Share of total Share of Disproportionate Code V-UBI General or Percentage
of related organization (state or entity (related, unrelated, income end-of-year allocations? amount in box managing ownership
foreign excluded from tax under assets 20 of Schedule partner?
country) sections 512-514) Yes No K-1 (Form 1065) Yes No
Part IV Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related
organizations treated as a corporation or trust during the tax year.
(a) (b) (c) (d) (e) (f) (g) (h) (i)
Section
Name, address, and EIN Primary activity Legal domicile Direct controlling Type of entity Share of total Share of Percentage 512(b)(13)
of related organization (state or entity (C corp, S corp, income end-of-year ownership controlled
entity?
foreign
country)
or trust) assets
Yes No
ACACIA DEVELOPMENT CO - 81-1675271 BILL, HILLARY
1200 PRESIDENT CLINTON AVE & CHELSEA
LITTLE ROCK, AR 72201 INVESTMENT DE CLINTON C CORP -44,025. 144. 100% X
ACCESO CASHEW ENTERPRISE LIMITED
OFFICE NO 201 KOHINOOR PARADISE AROGYA ACCESO
MAHARASHTRA, INDIA CASHEW PROCESSING INDIA WORLDWIDE FUND C CORP -2,112. 23,222. 99.99% X
ACCESO OFERTA LOCAL COLOMBIA S.A.S.
NO. 14-17 OF. 707
BOGOTA, COLOMBIA SUPPLY OF FOOD STUFFS COLOMBIA FONDO ACCESO C CORP 1,328,559. 87,254. 50.00% X
ACCESO PEANUT ENTERPRISE CORPORATION, S.A.
11 RUE OGE PETION-VILLE ACCESO FUND
RUE DORZIN PROLONGEE MIRABELAIS, HAITI PEANUT SUPPLY CHAIN HAITI LLC C CORP 27,024. 346,712. 50.00% X
ACCESO WORLDWIDE FUND INC. - 46-4160920 BILL, HILLARY
1200 PRESIDENT CLINTON AVE & CHELSEA
LITTLE ROCK, AR 72201 INVESTMENT DE CLINTON C CORP -2,103. 641,444. 100% X
832162 10-02-18 Schedule R (Form 990) 2018
SEE PART VII FOR CONTINUATIONS 58
BILL, HILLARY & CHELSEA CLINTON
Schedule R (Form 990) FOUNDATION 31-1580204
832224
04-01-18
59
BILL, HILLARY & CHELSEA CLINTON
Schedule R (Form 990) 2018 FOUNDATION 31-1580204 Page 3
Part V Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note: Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule. Yes No
1 During the tax year, did the organization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 1a X
b Gift, grant, or capital contribution to related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 1b X
c Gift, grant, or capital contribution from related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 1c X
d Loans or loan guarantees to or for related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 1d X
e Loans or loan guarantees by related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 1e X
(5)
(6)
832163 10-02-18 Schedule R (Form 990) 2018
60
BILL, HILLARY & CHELSEA CLINTON
Schedule R (Form 990) 2018 FOUNDATION 31-1580204 Page 4
Part VI Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue)
that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k)
Are all
Name, address, and EIN Primary activity Legal domicile Predominant income partners sec. Share of Share of Dispropor-Code V-UBI General or Percentage
(related, unrelated, 501(c)(3) tionate
amount in box 20 managing ownership
of entity (state or foreign total end-of-year allocations?
excluded from tax under orgs.? of Schedule K-1 partner?
country) sections 512-514) Yes No income assets Yes No (Form 1065) Yes No
832164 10-02-18
61
BILL, HILLARY & CHELSEA CLINTON
Schedule R (Form 990) 2018 FOUNDATION 31-1580204 Page 5
Part VII Supplemental Information.
Provide additional information for responses to questions on Schedule R. See instructions.
ACACIA DEVELOPMENT CO
A Check box if Name of organization ( Check box if name changed and see instructions.) D Employer identification number
(Employees' trust, see
address changed BILL, HILLARY & CHELSEA CLINTON instructions.)
= =
May the IRS discuss this return with
Here CFO the preparer shown below (see
Signature of officer Date Title instructions)? X
Yes No
Print/Type preparer's name Preparer's signature Date Check if PTIN
Paid self- employed
9 9
LORI ROTHE YOKOBOSKY, CPA LORI ROTHE YOKOBOSKY, CPA 11/08/19 P01273422
Preparer
COHNREZNICK LLP 22-1478099
Use Only Firm's name Firm's EIN
9
1301 AVENUE OF THE AMERICAS
Firm's address NEW YORK, NY 10019 Phone no. 212-297-0400
823711 01-09-19 Form 990-T (2018)
64
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
Form 990-T (2018) FOUNDATION 31-1580204 Page 3
1. Description of property
(1)
(2)
(3)
(4)
2. Rent received or accrued
3(a) Deductions directly connected with the income in
(a) From personal property (if the percentage of (b) From real and personal property (if the percentage columns 2(a) and 2(b) (attach schedule)
rent for personal property is more than of rent for personal property exceeds 50% or if
10% but not more than 50%) the rent is based on profit or income)
(1)
(2)
(3)
(4)
Total 0. Total 0.
(c) Total income. Add totals of columns 2(a) and 2(b). Enter (b) Total deductions.
Enter here and on page 1,
here and on page 1, Part I, line 6, column (A) | 0. Part I, line 6, column (B) | 0.
Schedule E - Unrelated Debt-Financed Income (see instructions)
3. Deductions directly connected with or allocable
2. Gross income from to debt-financed property
or allocable to debt-
1. Description of debt-financed property financed property
(a) Straight line depreciation (b) Other deductions
(attach schedule) (attach schedule)
(1)
(2)
(3)
(4)
4. Amount of average acquisition 5. Average adjusted basis 6. Column 4 divided 7. Gross income 8. Allocable deductions
debt on or allocable to debt-financed of or allocable to by column 5 reportable (column (column 6 x total of columns
property (attach schedule) debt-financed property 2 x column 6) 3(a) and 3(b))
(attach schedule)
(1) %
(2) %
(3) %
(4) %
Enter here and on page 1, Enter here and on page 1,
Part I, line 7, column (A). Part I, line 7, column (B).
Totals ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ | 0. 0.
Total dividends-received deductions included in column 8 | 0.
Form 990-T (2018)
823721 01-09-19
65
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON
FOUNDATION
Form 990-T (2018) 31-1580204 Page 4
Schedule F - Interest, Annuities, Royalties, and Rents From Controlled Organizations (see instructions)
Exempt Controlled Organizations
1. Name of controlled organization 2. Employer 3. Net unrelated income 4. Total of specified 5. Part of column 4 that is 6. Deductions directly
identification (loss) (see instructions) payments made included in the controlling connected with income
number organization's gross income in column 5
(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
7. Taxable Income 8. Net unrelated income (loss) 9. Total of specified payments 10. Part of column 9 that is included 11. Deductions directly connected
(see instructions) made in the controlling organization's with income in column 10
gross income
(1)
(2)
(3)
(4)
Add columns 5 and 10. Add columns 6 and 11.
Enter here and on page 1, Part I, Enter here and on page 1, Part I,
line 8, column (A). line 8, column (B).
Totals J 0. 0.
Schedule G - Investment Income of a Section 501(c)(7), (9), or (17) Organization
(see instructions)
3. Deductions 4. Set-asides 5. Total deductions
1. Description of income 2. Amount of income directly connected
(attach schedule)
and set-asides
(attach schedule) (col. 3 plus col. 4)
(1)
(2)
(3)
(4)
Enter here and on page 1, Enter here and on page 1,
9
Part I, line 9, column (A). Part I, line 9, column (B).
Totals 0. 0.
Schedule I - Exploited Exempt Activity Income, Other Than Advertising Income
(see instructions)
(1)
(2)
(3)
(4)
Enter here and on Enter here and on Enter here and
9
page 1, Part I, page 1, Part I, on page 1,
line 10, col. (A). line 10, col. (B). Part II, line 26.
Totals 0. 0. 0.
Schedule J - Advertising Income (see instructions)
Part I Income From Periodicals Reported on a Consolidated Basis
(1)
(2)
(3)
(4)
(1)
(2)
(3)
9
(4)
Totals from Part I 0. 0. 0.
Enter here and on Enter here and on Enter here and
9
page 1, Part I, page 1, Part I, on page 1,
line 11, col. (A). line 11, col. (B). Part II, line 27.
(1) %
(2) %
(3) %
9
(4) %
Total. Enter here and on page 1, Part II, line 14 0.
Form 990-T (2018)
823732 01-09-19
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10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
BILL, HILLARY & CHELSEA CLINTON FOUNDATI 31-1580204
}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FORM 990-T OTHER DEDUCTIONS STATEMENT 1
}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
DESCRIPTION AMOUNT
}}}}}}}}}}} }}}}}}}}}}}}}}
BANK & MISCELLANEOUS 26,521.
BANQUET EXPENSES 179,923.
EQUIPMENT RENTAL 5,948.
FACILITY EXPENSES 91,164.
MARKETING AND OUTREACH 61,499.
OTHER EXPENSES 191,051.
TELEPHONE 7,993.
TRAVEL 5,241.
WAGE WORKS 6,000.
}}}}}}}}}}}}}}
TOTAL TO FORM 990-T, PAGE 1, LINE 28 575,340.
~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FORM 990-T NAME OF FOREIGN COUNTRY IN WHICH STATEMENT 2
ORGANIZATION HAS FINANCIAL INTEREST
}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
NAME OF COUNTRY
}}}}}}}}}}}}}}}
COLOMBIA
EL SALVADOR
HAITI
INDIA
MALAWI
PERU
RWANDA
TANZANIA
NIGERIA
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FORM 990-T NET OPERATING LOSS DEDUCTION STATEMENT 3
}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
LOSS
PREVIOUSLY LOSS AVAILABLE
TAX YEAR LOSS SUSTAINED APPLIED REMAINING THIS YEAR
}}}}}}}} }}}}}}}}}}}}}} }}}}}}}}}}}}}} }}}}}}}}}}}}}} }}}}}}}}}}}}}}
12/31/11 34,437. 34,437. 0. 0.
12/31/12 180,700. 180,700. 0. 0.
12/31/13 201,666. 179,382. 22,284. 22,284.
12/31/14 52,086. 0. 52,086. 52,086.
12/31/15 115,325. 0. 115,325. 115,325.
}}}}}}}}}}}}}} }}}}}}}}}}}}}}
NOL CARRYOVER AVAILABLE THIS YEAR 189,695. 189,695.
~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~
68 STATEMENT(S) 1, 2, 3
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102
ENTITY 2
SCHEDULE M Unrelated Business Taxable Income for OMB No. 1545-0687
(Form 990-T)
Unrelated Trade or Business
For calendar year 2018 or other tax year beginning , and ending . 2018
Department of the Treasury | Go to www.irs.gov/Form990T for instructions and the latest information. Open to Public Inspection for
Internal Revenue Service (99) | Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3). 501(c)(3) Organizations Only
Name of the organization BILL, HILLARY & CHELSEA CLINTON Employer identification number
FOUNDATION 31-1580204
Unrelated business activity code (see instructions) | 525990
Describe the unrelated trade or business | INVESTMENT IN PARTNERSHIPS
Part I Unrelated Trade or Business Income (A) Income (B) Expenses (C) Net
823741 01-28-19
69
10191108 147227 0227810-0227935.0990 2018.05000 BILL, HILLARY & CHELSEA C 02278102