* THE FOUNDATION'S HISTORYBill Clinton established the Clinton Foundation in 1997 to raise funds for his presidential archive in Little Rock, Arkansas, as he prepared to leave the White House. After leaving her job as US secretary the state in 2013, Hillary Clinton joined the foundation's board, and the organization was renamed the Bill, Hillary & Chelsea Clinton Foundation. Later in 2015, Hillary Clinton left the foundation to run for president and in the August 2016 her husband said he will step down from the board if she wins. * THE FOUNDATION'S WORKThe foundation typically raises more than a quarter of a billion dollars each year in grants and donations. *CRITICISMS OF FOUNDATIONIn 2015, foundation officials admitted the charity breached an ethics agreement Clinton signed with the White House in order to become secretary of state.

Source: dna August 26, 2016 07:34 UTC