In fact a 501 (c) 3, which means contributions are a tax deduction for the donor.
And it's clearly a political vehicle. Where's the IRS on this? Too busy chasing the Tea Party I guess.
And as reported in the NY Post -
That's $50 million since 2003. According to wikipedia, they have 350 employees. Do the math.
The web of foundations run by the former president spent an eye-opening $12.1 million on travel in 2011 alone, according to an internal audit conducted by foundation accountants. That’s enough to by 12,000 air tickets costing $1,000 each, or 33 air tickets each day of the year.