Condi Rice taking reins of Jeb Bush’s education foundation

[Agnosticsherbet]

Condi Rice taking reins of Jeb Bush’s education foundation
Former secretary of state Condoleezza Rice is taking the reins of Jeb Bush’s education foundation while the former Florida governor continues exploring whether he will dive into the 2016 presidential race.

Bush resigned from the foundation late last year after saying that he was considering running for president, and on Thursday he tapped Rice, a member of the foundation’s board for two years, as the organization’s new chairman, the foundation’s Web site says.

Bush’s decision to tap her is all in the family: Rice served as secretary of state for his brother, President George W. Bush, from 2005-2009, the first African American woman to hold the position. She also served as Bush’s national security adviser, prior to becoming the nation’s top diplomat.

Jeb Bush created the Foundation for Excellence in Education after completing his second term as Florida governor to continue his influential advocacy of school reform. As governor, from 1999-2007, he launched a series of controversial reforms that centered around using standardized test scores as the chief metric of “accountability” for schools and expanding charter schools and vouchers. His “Florida Formula” became a model for other states. Bush’s foundation hosts a national school reform “summit” every year that brings together like-minded reformers from the worlds of business and policy-making.

I guess Jeb Bush's foundation must be 100% honest and above board.

Hard to find much about it at all, though this old article form 2012 is interesting.
http://www.prwatch.org/news/2012/11/11883/taxpayer-enriched-companies-back-jeb-bushs-foundation-excellence-education-its-bu

[NV Whino]

1. Will this get her out of California?

[Faux pas]

2. But wait!

I thought he was his 'own man' ?!

[blkmusclmachine]

3. http://mafiainformation.com/wp-content/uploads/2012/01/mafia-tree.jpg

[Agnosticsherbet]

4. So where does Condi and Jeb fit into that family tree.

I say Underboss, but I don't know where Condi fits in.

[NYC_SKP]

5. Foundations are often just money laundering and influence peddling machines.

I was studying a few IRS Form 990s today and the IRS instructions for completing the forms and Schedules.

A foundation can pay anyone any salary and benefits it likes.

It can buy every employee a Ferrari, a condo in different cities around the world, and travel and dinners and pay lobbyists.

And the requirements for publicly reporting the details are very loose.

Jeb Bush's Form 990 here: http://static.excelined.org/wp-content/uploads/ExcelinEd-2013-990.pdf

Clinton Family Foundation here: https://www.clintonfoundation.org/sites/default/files/clinton_foundation_report_public_11-19-14.pdf

Form 990 filing instructions: http://www.irs.gov/pub/irs-pdf/i990.pdf