Claim: Bill Clinton served a term in office.

The Clinton Foundation -LRB- founded in 1997 as the William J. Clinton Foundation -RRB- , and from 2013 to 2015 , briefly renamed the Bill , Hillary & Chelsea Clinton Foundation -RRB- is a non-profit organization under section 501 -LRB- c -RRB- -LRB- 3 -RRB- of the U.S. tax code . It was established by former President of the United States Bill Clinton with the stated mission to `` strengthen the capacity of people in the United States and throughout the world to meet the challenges of global interdependence . '' Its offices are located in New York City and Little Rock , Arkansas .   Through 2016 the foundation had raised an estimated $ 2 billion from U.S. corporations , foreign governments and corporations , political donors , and various other groups and individuals . The acceptance of funds from wealthy donors has been a source of controversy . The foundation `` has won accolades from philanthropy experts and has drawn bipartisan support '' .   Charitable grants are not a major focus of the Clinton Foundation , which instead uses most of its money to carry out its own humanitarian programs .   This foundation is a public organization to which anyone may donate and is distinct from the Clinton Family Foundation , a private organization for personal Clinton family philanthropy .   According to the Foundation 's website , neither Bill Clinton nor his daughter , Chelsea Clinton -LRB- both are members of the governing board -RRB- , draws any salary or receives any income from the Foundation . When Hillary Clinton was a board member she , too , received no income from the Foundation .