The 17-year-old Clinton Foundation took in a whopping $178 million in donations in 2014, tax filings this week have shown, leaving the massive, New York-based charity group with the largest cash reserves in its history.
The global group had $354 million in reserves at the end of the year, with only $22 million in liabilities, with much of it organized into an endowment to cope with the absence of Hillary Clinton during her presidential campaign as well as possibly Bill Clinton, the foundation’s founder.
The Clintons’ daughter Chelsea leads the group as its vice-chair along with CEO Donna Shalala, and the two have worked to steer the foundation away from a slew of negative press coverage of controversial donations and senior staffers, according to a Tuesday report in Politico.