The Clinton Foundation filed papers this week warning that 22 staffers will be laid off on April 15, when the Clinton Global Initiative is formally shut down.
The CGI is a program of the Clinton Foundation, centered around an annual meeting described as “the networking event of choice for corporations, nonprofits, nongovernmental organizations and wealthy philanthropists.” Before the election, when Hillary Clinton’s victory in the presidential race appeared likely, the Clinton Foundation declared that it would wind down the initiative no matter how the election turned out.
At the time, those plans made sense: It would be unseemly to say the least if a corporate- and foreign-government-funded networking event was directly connected to the sitting president. But there was never much official explanation of why CGI would need to shut down in the case of a Clinton defeat. After all, the world didn’t run out of poor people or sick people on November 8.
But after the election, some of the foundation’s donors acted as if the causes CGI supported were no longer worthy. The Australian government said it did not intend to continue its donations to the Clinton Foundation; it had given $88 million over ten years. After dramatically increasing its yearly donation in 2014 and 2015, the government of Norway chose to reduce its donation by 87 percent after the election.
