Aug 24, 2016 2:55 PM GMT
http://www.cnn.com/2016/08/24/politics/clinton-foundation-explainer/Bill Clinton set up the public charity after he wrapped up his presidency in 2001 with the idea of bringing government, businesses and social groups together to tackle big problems. It was kind of a new idea at the time. On Monday, Clinton wrote in a post on Medium that the foundation is about "creating opportunities and solving problems faster, better, at lower cost so that more people are empowered to build better futures for themselves, their families and their communities
The foundation is made up of 11 non-profit groups that work on four major issues: global health and wellness, climate change, economic development and improving opportunities for girls and women.
It's what philanthropists call an operating foundation, which means it doesn't give much money to outside groups to fulfill its mission. In 2014, the foundation gave less than 3% of revenue to other non-profits. Instead, the foundation does its own work, with staff and partners around the world.
Health is a big focus. In more than 70 countries, according to the foundation, it helps 11.5 million people, including 800,000 children, with HIV/AIDS get their medication at 90% lower cost -- more than half the adults and three-quarters of the children getting treatment in the world today.
But it does all kinds of other work as well. For instance, it helps East African farmers get better seeds and fertilizers. It supported Nepal's reconstruction after the 2015 earthquakes. And it has connected more than 500,000 Latin Americans to job training and entrepreneurship opportunities...