It’s not the most earth-shattering scandal, but it certainly doesn’t look good for Hillary to forget to list the family charity that she helps head on annual Senate financial disclosure reports for the past five years.
Sen. Hillary Rodham Clinton and former president Bill Clinton have operated a family charity since 2001, but she failed to list it on annual Senate financial disclosure reports on five occasions.
The Ethics in Government Act requires members of Congress to disclose positions they hold with any outside entity, including nonprofit foundations. Hillary Clinton has served her family foundation as treasurer and secretary since it was established in December 2001, but none of her ethics reports since then have disclosed that fact.
The foundation has enabled the Clintons to write off more than $5 million from their taxable personal income since 2001, while dispensing $1.25 million in charitable contributions over that period.
Clinton’s spokesman said her failure to report the existence of the family foundation and the senator’s position as an officer was an oversight. Her office immediately amended her Senate ethics reports to add that information late yesterday after receiving inquiries from The Washington Post.
Perhaps the most interesting sections came here:
One Arkansas recipient was the Diane Blair Foundation. Diane Blair is the late wife of James Blair, the businessman who helped Hillary Clinton with controversial commodities trades in the late 1970s that netted her about $100,000. There are two foundations in Diane Blair’s name. One is a private family charity; the other funds a center for the study of Southern politics at the University of Arkansas.
The Clintons’ tax form indicates the money went to the private charity, but James Blair said in an interview yesterday that the Clintons “miscoded” the entry. The check actually went to the university fund, he said.
“She was Hillary’s closest friend,” Blair said of his wife, who died in June 2000.
Ah, cattle futures! Boy, I’ll bet that takes a lot of us back. Whitewater hearings, mysteriously disappearing and reappearing documents in the White House, papers disappearing from Vince Foster’s office… good times, good times.