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August 25, 2013


Clinton Ramps Up Fundraising for Foundation

Washington Post: "The Clintons are in fundraising mode again... But this current quest for cash, which shifts into high gear this fall, is not to fund a run for political office. It is to boost the financial standing of the newly rechristened Bill, Hillary and Chelsea Clinton Foundation."

"As he contemplates his legacy, former president Bill Clinton is trying to build an endowment with the declared goal of $200 million to $250 million to ensure that the charitable foundation he started lives on after his death."

"While this fundraising push is philanthropic in nature, there are political implications. There is an unspoken deadline, for example. Clinton insiders said they hope the endowment drive will be completed ahead of the 2016 presidential campaign so that if Hillary Clinton chooses to run, the foundation fundraising would not distract from her campaign."














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