Sunday, October 16, 2016

Bill Clinton’s taxpayer-funded pad may violate nonprofit rules

NYPOST by  Isabel Vincent

Bill Clinton is enjoying the private residence above his presidential library in Arkansas at the expense of taxpayers and his charity foundation — a potential violation of nonprofit regulations.

The 5,000-square-foot penthouse which sits atop the William J. Clinton Library in Little Rock is largely funded by the National Archives in Washington, which pours nearly $6 million into program and maintenance costs every year, a spokeswoman for the federal agency told The Post.

Costs are also offset by a $7 million endowment from the Bill, Hillary & Chelsea Clinton Foundation. Last year, the interest from the endowment amounted to just over $200,000, which was used to offset the operation and maintenance costs of the library and penthouse, the spokeswoman said.

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