For years, the Clinton Foundation served as the personal piggy bank for the Clinton family.
Money flowed in from individual and country donors anxious to be in favor with Hillary and Bill Clinton when it looked like Hillary was a shoo-in to be the next President.
However, with the harsh reality of the election now behind them, the money flow has stopped now that the Clintons seem to be permanently out of power.
The New York Times reported that the Foundation President Donna E. Shalala has said that “last year was a tough year,” as revenues dropped.
The foundation has shut down the Clinton Global Initiative and laid off nearly a 100 staff members.
Since the Foundation was established in 1997, it has raised nearly $2 billion. There were numerous revelations during Mrs. Clinton’s campaign that suggested some quid pro quo deals when Hillary served as Secretary of State, but no charges have been filed.