To put to rest once and for all the bogus handwringing over this issue!
In a post on the website of U.S. News & World Report (3/1), Kent Allen related that the Washington Post reported Tuesday that Sen. Clinton "hadn't disclosed on her Senate ethics form that she is an officer of the Clinton Family Foundation, which is funded and run by her, her husband, and daughter Chelsea. Under Senate ethics rules, all senators are supposed to disclose their affiliations with any institution, whether corporate or nonprofit. In fact, the foundation's activities were already very public. Both the senator's position with the foundation and where the money is distributed are public knowledge, available -- as mandated by law -- to anyone with an internet connection. See the disclosure documents here (pdf)." Allen added, "Had they really wanted to keep the nitty-gritty of their charity a secret, the Clintons could have parked their money in a donor-advised fund that would have kept their individual eleemosynary proclivities a dark secret. ... While it is unusual for such a large charity -- the Clintons have staked $5 million to their private foundation -- to be a donor-advised fund, it's not unheard of, in part because some benefactors just don't want the world to know where their good deeds are going. In this case, it appears that the Clintons, in going overboard to be public about their charity, were caught in a riptide of regulation."
From U.S. News 3/1 ...found on Lexis/Nexis