Clinton Foundation Admits Mistakes On Tax Filings

04/26/2015 01:26 pm ET | Updated Apr 26, 2015
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The Clinton Foundation defended its commitment to transparency on Sunday, but also admitted that the organization had made mistakes in its tax filings.

The organization and its donors have come under intense scrutiny ahead of the release of a new book that suggests the Clintons traded favors for donations while Hillary Clinton was secretary of state. While the foundation has acknowledged that it violated a disclosure agreement with the Obama administration, no direct evidence of wrongdoing has been found.

Maura Pally, acting CEO of the foundation, posted a statement Sunday acknowledging that while the organization had not underreported its revenue, it had failed to separate government grants from other donations on its tax filings. Pally wrote that after a voluntary external review, the foundation intends to refile several years' worth of forms.

"Yes, we made mistakes, as many organizations of our size do, but we are acting quickly to remedy them, and have taken steps to ensure they don't happen in the future," Pally wrote in the statement. "We are committed to operating the Foundation responsibly and effectively to continue the life-changing work that this philanthropy is doing every day." She added that the organization's "donor disclosure and foreign government contributor policy is stronger than ever."

Pally also explained the relationship between the Clinton Foundation and the Clinton Giustra Enterprise Partnership, an initiative backed by Frank Giustra, a Canadian mining mogul who donated millions to the Clinton Foundation while in a position to benefit financially from a deal that had to be approved by Hillary Clinton's State Department and several other government agencies. The New York Times reported this week that Giustra personally donated at least $31.3 million to the Clinton Foundation.

Pally wrote that because the Clinton Giustra Enterprise Partnership was established in Canada, Canadian law prevents the charity from disclosing individual donors without their consent. Because the Clinton Giustra Enterprise Partnership is an independent charity, the Clinton Foundation did not list its donors on its own website, Pally said.

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