I read the JW article you linked. You should read the attachment to the Wikileaks email, the subject of this post. It answers many of the questioned on donors and the relationship of Teneo to the CGI and the Clinton Foundation.
Wow... This memo is the smoking gun as it lays out the ...modus operandi
Per the Attachment:
Teneo
Teneo was established in June 2011. It has three partner/owners Declan Kelly, Paul Keary and Doug Band. We have offices in 3 places, and employ more than 65 individuals. Teneo provides the following services to its 18 clients: merchant and investment banking services, corporate restructuring, public relations and communication services, and strategic advising services. As of 30 October 2011, we have 20 clients, a list of which is enclosed.
Cognizant of the Foundations significant fundraising needs as well my role as the primary fundraiser for the Foundation for the past 11 years, as a partner in Teneo, Mr. Kelley and I have asked and encouraged our clients to contribute to the Foundation. Through our efforts, we have brought new donors to the Foundation and garnered increased giving from existing donors. Additionally, the foundation donors require significant maintenance to keep them engaged and supportive of the foundation. We have sought to make that the case when we could particularly as we are thinking more
long term at things such as estate gifts and planned giving for the foundation.
Leveraging Teneo for the Foundation
Tenor Clients Who are New Large Donors to the Foundation:
Below are Teneo clients who either are new to the Foundation or who previously had a more limited giving relationship with the Foundation (e.g.,CGI membership). As Teneo partners, we have solicited our clients to contribute or to increase their contributions to the Foundation.
The Coca-Cola Company -— Total Giving: $4,330,000
2004: $250,000 year total for the Operating Fund
2006: $30,000 year total for CGI
2007: $30,000 year total for CGI membership
2008: $20,000 year total for CGI membership
2009: $1,000,000 year total for Operating Fund
2010: $3,000,000 year total for Operating Fund
Mr. Kelly has advised the CEO of Coca Cola for years; he also enjoys a close relationship with one of the companys largest shareholders Don Keogh. Mr. Kelly introduced the CEO of Coca Cola, Muhtar Kent, to President Clinton in January 2009 at a meeting he arranged at President Clintons home in DC. Over the course of 2009, Mr. Kelly cultivated Mr. Kents interest in the Foundation first in CGI and the Foundation. Mr. Kelly asked Mr. Kent to give $5 million to the Foundation, which he pledged in early 2010. Mr. Kelly has collected $3 million of that pledge to date and he and I both will secure the remaining $2 million in the near future.
The Dow Chemical Company Total Giving: $780,000
2007: $15,000 year total for CGI membership
2008: $20,000 year total for CGI membership
2009: $40,000 year total for CGI membership
2010: $190,000 year total $40,000 to CGI membership; $150,000 to General Operating Fund
2011: $515,000 year total for CGI;
$40,000 for membership
$225,000 to sponsor CGI America
$250,000 to sponsor CGI Annual Meeting
Mr. Kelly has advised Andrew Liveris for years. In August of 2009, Mr. Kelly invited Mr. Liveris to play golf with President Clinton and me. Mr. Kelly subsequently asked Dow to become a CGI sponsor at the $500,000 level, which they did, as well as making a $150,000 donation to the Foundation for President Clinton to attend a Dow dinner in Davos. To date Mr. Kelly has secured Dows support for CGI 2012 for $250,000 as well as an oral commitment to host a CGI America event in Midland Michigan if President Clinton so chooses.
UBS Total Giving: $540,000 (since 2005)
2005: $25,000 year total for Katrina
2006: $15,000 year total for CGI membership
2007: $90,000 year total for CGI membership
2008: $20,000 year total for CGI membership
2010: $20,000 year total for CGI membership
2011: $370,000 year total $20,000 for CGI membership; $350,000 for Clinton Economic Opportunity
Bob Mccann is the head of UBS Wealth Management and a long time client and close friend of Mr. Kelly. Mr. Kelly introduced Mr. Mccann to President Clinton at an American Ireland Fund event in 2009. Mr. Kelly subsequently asked Mr. Mccann to support the Foundation, which he did via the Clinton Economic Opportunity Initiative. Mr. Kelly also encouraged Mr. Mccann to invite President Clinton to give several paid speeches, which he has done.
The American Ireland Fund (AIF) Total Giving: $350,000
2010: $250,000 year total for the Operating Fund
2011: $100,000 year total for the Operating Fund
Mr. Kelly is a trustee of AIF; he has urged and ensured that the AIF is a significant donor to the Foundation. Mr. Kelly has successfully secured $350,000 to date. Mr. Kelly also will continue giving in the coming years as well through the AIF.
The All-State Corporation Total Giving: $265,000 ($500,000 pledge).
2008: $15,000 year total for Center Sponsorships
2011: $250,000 year total for CGI (Annual Meeting sponsorship)
Mr. Kelly brought Joan Walker, his long time friend, to meet President Clinton at his home in Chappaqua in 2010. Mr. Kelly then asked her to be a Foundation donor; she agreed to sponsor CGI for 2 years at $250,000 a year starting in 2011.
Barclays Capital -— Total Giving: $1,100,000 (since 2008)
2008: $40,000 year total for CGI membership
2009: $40,000 year total for CGI membership
2010: $520,000 year total for CGI membership and sponsorship
2011: $500,000 year total for CGI sponsorship
Teneo does limited work with Barclays. In 2010, Teneo partners encouraged Barclays give $500,000 a year to CGI, which they have done for two years to date.
Indo Gold Total Giving: $100,000 with a $150,000 commitment
2010: $50,000 year total for CGI (Annual Meeting sponsorship)
2011: $50,000 year total for CGI (Annual Meeting sponsorship)
Indo gold is a small Teneo client that we asked to become a CGI sponsor.
BHP Billiton Limited Total Giving: $20,000 for CGI 2011.
Note: To date, Teneo partners have raised in excess of $8 million for the Foundation, more than $5.25 million of which is in the bank. Teneo partners also have generated over $3 million in paid speeches for President Clinton, $1.25 million of which has been paid to him thus far.
Note: Teneo partners raise funds for the Foundation and contribute time, staff, resources and relationships of the firm to help generate these donations to the Foundation.
From the attachment
“Laureate pays President Clinton $3.5 million annually to provide advice and serve as their Honorary Chairman.”
That’s a lot of money for “advice”