[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/12/18/art.bohrcclose1218.gi.jpg caption=" CNN has obtained a written memorandum between the Clinton Foundation and the Obama transition team."]
WASHINGTON (CNN) – In an effort to clear the way for Sen. Hillary Clinton’s confirmation as secretary of state, CNN has learned that her husband’s foundation has reached a written agreement with the Obama-Biden transition team.
The five-page document states that former President Bill Clinton will not personally solicit funds for the Clinton Global Initiative, a high-profile annual gathering of the Clinton Foundation that solicits contributions from around the world in order to address global challenges like poverty, climate change, and global health issues. In the document, the foundation also agrees to separate the Clinton Global Initiative off from the rest of its operations and incorporate that initiative as a separate entity.
The foundation also agrees to seek review by State Department ethics officials of certain donations to its effort to fight HIV and AIDS throughout the world.
The agreement was turned over to the Senate Foreign Relations Committee by the Obama transition team Wednesday and obtained by CNN Thursday.
Click here to read the agreement.