Bill Clinton’s plans to ensure the Foundation’s future.
It has been 11 years since Bill Clinton launched the Clinton Foundation. The substantial successes of the Foundation’s philanthropic programs and sustainable initiatives thus far is a testament to the former president’s hard work ethic and high-octane energy, and to his unparalleled talent in bringing people together in collaboration.
To understand how important the Foundation and this work is to Clinton, you need only look at the increasingly important role his daughter Chelsea Clinton is playing in the Foundation these days.
According to a variety of reports as well as comments from Clinton himself, President Clinton is grooming Chelsea to eventually head up the Foundation and putting substantial thought in to models that will ensure the Foundation’s many programs and efforts continue long after his demise.
One such model was to bring the Clinton Global Initiative (CGI) out from under the Foundation’s umbrella to act as a standalone nonprofit separately funded by corporate sponsors and independent donors.