In addition, the Radcliffe Foundation is a founding partner in the Global Refugee Sponsorship Initiative (GRSI), which works to assist and inspire countries around the world to open new pathways for refugee settlement by using the Canadian private sponsorship model. Most recently he is responding to the on-going refugee crisis by providing humanitarian aid to refugees and programs in Greece, Turkey, Lebanon and Jordan. In 1997, he established The Radcliffe Foundation, which supports a wide variety of international and local charities. Giustra established Fiore Music and Westsonic Music, where he and his team write and produce songs for all genres.įrank Giustra is a strong believer in philanthropy, and devotes much of his time to a variety of causes. Giustra is a significant investor in Thunderbird Entertainment, a multi-platform media production and distribution company based in Vancouver, Canada. (acquired by Goldcorp Inc.), and Silver Wheaton Corporation.īy 1997, Frank’s entrepreneurial success also included the founding of Lionsgate Entertainment, now one of the world’s largest independent film companies. As Chairman of Endeavour Financial from 2001 to 2007, his vision and leadership led to the successful launch of numerous resource companies, including Wheaton River Minerals Ltd. As President and later Chairman and Chief Executive Officer of Yorkton Securities in the 1990s, he grew the firm into a leading natural resource investment bank. Giustra has an established track record of building natural resource companies through access to capital and creative deal-making. She said that partnership does not disclose its donors because under Canadian law they are not disclosed without prior permission from each donor.Frank Giustra is President and CEO of the Fiore Group, a private firm managing a broad portfolio of private equity investments and companies, specializing in food and lifestyle, art and entertainment, and natural resources. Pally also described the foundation’s work with the Clinton Giustra Enterprise Partnership, which she said received funding from a separate organization in Canada. “Yes, we made mistakes, as many organizations of our size do, but we are acting quickly to remedy them, and have taken steps to ensure they don’t happen in the future,” she said. She said the foundation would “remedy” any errors but stressed the total revenue was reported accurately and that grants were properly broken out on audited statements on its website. Still, Pally said the foundation expected to refile some of its tax forms, following a voluntary external review, because it had “mistakenly combined” government grants with other donations. In a blog posting Sunday, Maura Pally defended the foundation’s work and reaffirmed its commitment to transparency, describing its policies on donor disclosure and contributions from foreign governments as “stronger than ever.” WASHINGTON (AP) - The acting chief executive of the Clinton Foundation is acknowledging the global philanthropy made mistakes in how it disclosed its donors amid growing scrutiny as Hillary Rodham Clinton opens her presidential campaign.
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