SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (860732)5/29/2015 4:30:48 PM
From: joseffy  Respond to of 1577928
 
Clinton Foundation shook down supermodel’s charity
......................................................................................................

By Aaron Short ay 29, 2015
nypost.com

Bill Clinton and Petra Nemcova at the Happy Hearts Fund Gala in June 2014. Photo: Getty Images

The Clinton Foundation shook down a charity run by supermodel Petra Nemcova for a $500,000 donation before Bill Clinton would agree to speak at its annual gala last year in Manhattan, according to a report today.

The former president received a “lifetime achievement award” at the June 2014 Happy Hearts fundraiser at Cipriani 42nd Street.

The charity’s former director told The New York Times that Clinton appearance was a result of a “quid pro quo” — meaning the $500,000 payment.

“The Clinton Foundation had rejected the Happy Hearts Fund invitation more than once, until there was a thinly veiled solicitation and then the offer of an honorarium,” former charity director Sue Veres Royal said.

“Petra called me and said we have to include an honorarium for him — that they don’t look at these things unless money is offered, and it has to be $500,000,” she added.

Both the Clinton Foundation and Happy Hearts denied the shakedown charge and said the two groups were working together to provide aid to Haiti.

“[Both charities] have a shared goal of providing meaningful help to Haiti,” a spokeswoman for Happy Hearts told the Times. “We believe that we can create the most impactful change by working together.”

But the paper said it’s rare for one charity to donate funds to another charity to land an honoree. Usually, the award recipient is expected to help raise money by attracting new donors.

Nemcova created the Happy Hearts Fund to rebuild schools in areas affected by natural disasters after nearly getting killed in Thailand during the 2004 Indian Ocean tsunami.

The charity has built 114 schools in nine countries serving more than 50,000 students.