Report: Shalala Headed To Clinton Foundation
March 9, 2015 Mark Hrywna
A former member of Bill Clinton’s cabinet is expected to become the next chief executive officer of the Bill, Hillary & Chelsea Clinton Foundation, according to The Wall Street Journal.
Citing two people familiar with the matter, the newspaper reported today that Donna Shalala would lead the foundation after she leaves the University of Miami when this school year ends. The foundation did not respond to an email and voicemail message seeking comment.
The 74-year-old announced last fall that she would step down after 14 years as president of the university. Shalala served as Secretary of Health and Human Services in the Clinton administration and previously was chancellor of the University of Wisconsin-Madison and president of Hunter College in New York City.
Eric Braverman left the foundation in January after 18 months as CEO, replaced on an interim basis by Maura Pally, who served under Hilary Clinton in the U.S. Department of State.
The Journal last month reported that the foundation accepted contributions from foreign governments while Hillary Clinton was considering a presidential run but not during her tenure as secretary of state from 2009 to 2013. The newspaper also reported that at least 60 companies had lobbied the State Department during her tenure and also donated more than $26 million to the foundation. In response, the foundation said it would review fundraising practices if Clinton runs for president.
During Shalala’s tenure at Miami, the university completed one $1 billion capital campaign only to launch another last year. “Momentum: The Campaign for the University of Miami” started in 2003 as a $1 billion campaign, reaching its goal in early 2006 ahead of schedule and topping $1.4 billion by early 2008. The university last fall launched Momentum2, a $1.6-billion capital campaign, kicked off with a $50 million lead gift.
The University of Miami last year raised $186 million, second only to the University of Florida ($231 million) among the Sunshine State’s colleges and universities. Fundraising is up from $163.9 million in 2012 and $180 million in 2013.
The Clinton Foundation ranked No. 53 in The NonProfit Times’ NPT 100, an annual survey of the nation’s largest nonprofits (not including colleges or universities). The foundation reported total revenue of $295 million, according to its 2013 consolidated statement of activities.