NEW YORK TIMES: … Worried that the foundation’s operating revenues depend too heavily on Mr. Clinton’s nonstop fund-raising, the three Clintons are embarking on a drive to raise an endowment of as much as $250 million, with events already scheduled in the Hamptons and London. And after years of relying on Bruce R. Lindsey, the former White House counsel whose friendship with Mr. Clinton stretches back decades, to run the organization while living part-time in Arkansas, the family has hired a New York-based chief executive with a background in management consulting.
“We’re trying to institutionalize the foundation so that it will be here long after the lives of any of us,” Mr. Lindsey said. “That’s our challenge and that is what we are trying to address.”
But the changing of the guard has aggravated long-simmering tensions within the former first family’s inner circle as the foundation tries to juggle the political and philanthropic ambitions of a former president, a potential future president, and their increasingly visible daughter… (more)
