Here are the facts:
Perhaps the most important modern institution in the field of group power-and it contrasts dramatically with Maitland's picture of clubs, religious associations, and charities preferring the hedge of the trust and the anonymity of unincorporated status- is the "foundation" which flourishes in contemporary America.
The foundation is largely an American creation. No doubt the accumulation of vast wealth was one reason for its rise; another-at least in the days when Carnegie, Rockefeller, and others perpetuated their names through their now world famous bequests-was unquestionably a desire of wealthy and successful men to purge their consciences before God and man and to justify the acquisitive society which had enabled them to accumulate enormous riches by leaving a vast proportion of their wealth for the benefit of mankind.6 But in recent years these reasons for the earlier foundations have become less important, and the incorporated foundation or trust has become predominantly a business device, a paramount instrument in the struggle between the demands of the modern Welfare State and the wish of the individual entrepreneur to perpetuate his fortune and his name. The greatest and most influential of the foundations (Ford, Rockefeller, Carnegie) are the creations of individuals or families, but the large foundations of the future will increasingly be the creations of corporations. The desires to give and to perpetuate the name of the individual or corporate donor are undoubtedly still important motivations, but the immense growth in the number and size of foundations in recent years7 suggests that business considerations play an increasing role. By either bequeathing or giving during his lifetime a proportion of his estate to a permanent institution established for officially recognized charitable purposes, the donor, usually the controller of an industrial or business empire,8 achieves a number of purposes.9 In the United States gifts to such organizations are exempt from gift taxes, and bequests to them are deductible for estate tax purposes. The organizations themselves are normally exempt from income tax, property tax, and other taxes. A charitable gift intervivos is an allowable deduction from the taxable income of the donor.10 The absence of the latter privilege in English law may be one reason why incorporated charities are not so widespread in Britain (apart, of course, from the vastly greater capital wealth of United States business). Otherwise, motivations for the establishment of charitable companies are very similar." The arithmetics of these benefits vary from year to year and are, of course, subject to legislative changes. Unless, however, there were to be a fundamental change in legislation in regard to charitable gifts,12 the advantages of transferring both capital and annual income away from the personal estate of a taxpayer in the high income brackets or away from a corporation are very considerable.13 But in the age of the managerial revolution and the Welfare State, a motive at least equal to that of providing a suitable mechanism for philanthropy and a tax free reservoir for an otherwise highly taxable income is the power which the foundation gives to the controller of a business or industry to perpetuate his control.14
Friedmann, W. G. (1957). Corporate power, government by private groups, and the law. Columbia Law Review, 57(2), 155-186.
The Clinton Foundation - About
http://www.clintonfoundation.org/main/our-work/by-initiative/clinton-foundation-in-haiti/about.html
The Clinton Foundation has been actively engaged in Haiti since 2009, focusing on economic diversification, private sector investment and job creation in order to create long-term, sustainable economic development. After the devastating earthquake in 2010, President Clinton formed the Clinton Foundation Haiti Fund and raised $16.4 million from individual donors for immediate earthquake relief efforts. Since 2010, the Clinton Foundation has raised a total of $34 million for Haiti, including relief funds as well as projects focused on restoring Haiti's communities, sustainable development, education and capacity building.
In 2012, the Clinton Foundation concentrated on creating sustainable economic growth in the four priority sectors of energy, tourism, agriculture, and apparel/manufacturing, working to bring new investors, develop and support local organizations and businesses, and create access to new markets. The Clinton Foundation also continued working to support government efforts to improve Haiti’s business environment and supported programs in education and capacity building.
Washington Backed Famous Brand-Name Contractors in Fight Against Haiti’s Minimum Wage Increase
http://www.haiti-liberte.com/archives/volume4-47/Washington%20Backed%20Famous.asp
The U.S. Embassy in Haiti worked closely with factory owners contracted by Levi’s, Hanes, and Fruit of the Loom to aggressively block a paltry minimum wage increase for Haitian assembly zone workers, the lowest paid in the hemisphere, according to secret State Department cables.
The factory owners refused to pay 62 cents an hour, or $5 per eight-hour day, as a measure unanimously passed by the Haitian parliament in June 2009 would have mandated. Behind the scenes, the factory owners had the vigorous backing of the U.S. Agency for International Development (USAID) and the U.S. Embassy, show secret U.S. Embassy cables provided to Haïti Liberté by the transparency-advocacy group WikiLeaks.
The minimum daily wage had been 70 gourdes or $1.75 a day.
The factory owners told the Haitian parliament that they were willing to give workers a mere 9 cents an hour pay increase to 31 cents an hour – 100 gourdes daily – to make T-shirts, bras and underwear for U.S. clothing giants like Dockers and Nautica.
Report: State Department-Backed Garment Complex in Haiti Stealing Workers’ Wages
http://www.democracynow.org/2013/10/17/headlines#10179
A new report by the Worker Rights Consortium has found the majority of workers in Haiti’s garment industry are being denied nearly a third of the wages they are legally owed due to widespread wage theft.
The new evidence builds on an earlier report that found every single one of Haiti’s export garment factories was illegally shortchanging workers. Workers in Haiti make clothes for U.S. retailers including Gap, Target, Kohl’s, Levi’s and Wal-Mart.
The report highlighted abuses at the Caracol Industrial Park, a new factory complex heavily subsidized by the U.S. State Department, the Inter-American Development Bank and the Clinton Foundation and touted as a key part of Haiti’s post-earthquake recovery. The report found that, on average, workers at the complex are paid 34 percent less than the law requires. Haiti’s minimum wage for garment workers is between 60 and 90 cents an hour. More than three-quarters of workers interviewed for the report said they could not afford three meals a day.Clintons' Pet Project for Privatized 'Aid' to Haiti Stealing Workers' Wages: Report
https://www.commondreams.org/headline/2013/10/16-4
Haiti's Caracol Industrial Park—the U.S. State Department and Clinton Foundation pet project to deliver aid and reconstruction to earthquake-ravaged Haiti in the form of private investment—is systematically stealing its garment workers' wages, paying them 34 percent less than minimum wage set by federal law, a breaking report from the Worker Rights Consortium reveals.
Critics charge that poverty wages illustrate the deep flaws with corporate models of so-called aid. "The failure of the Caracol Industrial Park to comply with minimum wage laws is a stain on the U.S.'s post-earthquake investments in Haiti and calls into question the sustainability and effectiveness of relying on the garment industry to lead Haiti's reconstruction," said Jake Johnston of the Center for Economic and Policy Research in an interview with Common Dreams.
Caracol is just one of five garment factories profiled in this damning report, released publicly on Wednesday, which finds that "the majority of Haitian garment workers are being denied nearly a third of the wages they are legally due as a result of the factories’ theft of their income." This is due to systematic employer cheating on piece-work and overtime, as well as failure to pay employees for hours worked.
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Financers included the Inter-American Development Bank, the U.S. State Department, and the Clinton Foundation, who invested a total of $224 million with promises to uphold high labor standards. Its anchor tenant is the Korean S&H Global factory, which sells garments to Walmart, Target, Kohl's, and Old Navy, according to the report.
The Clinton-Bush Fund has closed up shop in Haiti: Here are the fruits of neoliberal "charity"
http://www.democraticunderground.com/10022415607
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