Former President Bill Clinton told staff members on Thursday he would resign from the foundation’s board and that it would only accept donations from U.S. citizens and independent charities. WASHINGTON, Aug 18 (Reuters) - The Clinton Foundation will stop accepting foreign and corporate donations if Hillary Clinton is elected president and will stop holding the annual Clinton Global Initiative meetings whatever the outcome of the November election, a foundation spokesman said on Thursday. The former president also said he would hold the 12th and final Clinton Global Initiative in September. Foundation spokesman Craig Minassian confirmed the moves, which were first reported by the Associated Press. The Bill, Hillary & Chelsea Clinton Foundation, founded in 2001, has raised more than $2 billion for causes that focus on health and environmental issues, mainly in the developing world.

Source: Huffington Post August 19, 2016 00:11 UTC