Clinton Foundation: Clinton Giustra Enterprise Partnership “Acceso Funds” Are “Investment Vehicles…To Provide The Necessary Seed-Capital To Create Our Enterprises With The Aim Of Turning Them Into Viable, Self-Financing Entities Which Achieves Both Social And Financial Returns.” “[T]he Clinton Giustra Enterprise Partnership takes the best of non-profit and for-profit organizations to create social enterprises…We have investment vehicles (the Acceso Funds) to provide the necessary seed-capital to create our enterprises with the aim of turning them into viable, self-financing entities which achieves both social and financial returns. We have developed a framework to use when considering an investment opportunity to ensure it has high impact potential.” [Clinton Foundation, accessed 3/25/15] Clinton Giustra Enterprise Partnership Invested $1.25 Million In The Acceso Peanut Enterprise Corporation In Haiti. [Clinton Foundation, accessed 3/25/15] Clinton Giustra Enterprise Partnership Invested $3 Million In The Acceso Oferta Supply Chain Enterprise In Colombia. [Clinton Foundation, accessed 3/25/15] THE FOUNDATION-BACKED CLINTON GIUSTRA ENTERPRISE PARTNERSHIP ACHIEVED SUCCESS IN PEANUT FARMING PROJECTS IN HAITI Washington Post: “The Acceso Peanut Enterprise Corp…Started With A $1.25 Million Grant From” A Partnership Between Bill Clinton, Frank Giustra, And Carlos Slim, “Is Revolutionizing The Peanut-Farming Industry” In Haiti. “When Bill Clinton came here late last month to help inaugurate the new Marriott, he made a side trip by helicopter to Haiti’s central plateau to have a look at a Clinton-backed program that is revolutionizing the peanut-farming industry. The Acceso Peanut Enterprise Corp. was started with a $1.25 million grant from the Clinton Giustra Enterprise Partnership, which is headed by Bill Clinton and Canadian mining executive and philanthropist Frank Giustra, as well as the charitable foundation of Mexican billionaire Carlos Slim. Acceso buys feed, fertilizer and fungicide at bulk rates, then sells them to farmers for far less than normal prices. Acceso also hires tractors for farmers who otherwise would be using an ox and plow.” [Washington Post, 3/20/15] Washington Post: Through Acceso, Peanut Farming “Improvements Are Vastly Increasing Yields, Quality And Farmers’ Profits… [And Half Of Sales] Have Gone To Two Large Haitian Factories That Produce A Peanut-Based Paste That Is Given To Malnourished Children. “Robert Johnson, an American who runs the program, said the improvements are vastly increasing yields, quality and farmers’ profits. He said Acceso worked with about 1,000 farmers last year and bought about 120 metric tons of peanuts. This year, it expects to triple the number of farmers and buy almost five times as much peanut tonnage. At least half of Acceso’s sales have gone to two large Haitian factories that produce a peanut-based paste that is given to malnourished children. Most of the rest goes to local peanut-butter producers, he said. The program’s success, Johnson said, comes from its market-driven approach: It’s not a charity, it’s a business with a charitable purpose.” [Washington Post, 3/20/15] THE CLINTON FOUNDATION LISTED A SUBSIDIARY ENTITY CALLED “ACCESO WORLDWIDE FUND INC.” ON ITS TAX RETURNS The Acceso Worldwide Fund Inc. Was Registered In Delaware In January 2013. [Delaware Corporates, accessed 3/25/15] The Acceso Worldwide Fund Inc. Was Listed As A “Disregarded Entity” On Clinton Foundation Tax Returns, With No Income Or Assets And With The Foundation As Its “Directly Controlling Entity.” [Delaware Corporates, accessed 3/25/15] CLINTON FOUNDATION TRANSPARENCY TIMELINE Commented [SL3]: I don’t see that on this link Commented [SL4]: I see a $3 million impact, but not an investment? Commented [SL5]: Shouldn’t we link to the Clinton foundation 990s here? The Delaware site doesn’t say this
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