The money will reportedly go to the William J. Clinton Foundation. Clinton Israel speech to net $500K

The Peres Academic Center is paying former President Bill Clinton half a million dollars to make a 45-minute speech at a gala dinner according to a new report.

The event, which will be held June 17 in Rehovot, Israel, at the academic center previously asked guests to pay just more than $800 to attend, to cover Clinton’s fee. That requirement has since been canceled after Peres said he wouldn’t attend if it became a fundraiser according to the Times of Israel. Clinton will also be featured at the reception, as well as a question and answer section.


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The $500,000 will be paid to Clinton’s William J. Clinton Foundation, which focuses on issues surrounding environmental protection and public health, the news site reported.

The former president is also slated to receive the President’s Award from Peres on June 19.

CORRECTION: An earlier version of this story misstated which organization was paying for Clinton’s appearance.

CORRECTION: An earlier version of this story misstated details of the gala dinner.

CORRECTION: Corrected by: Libby Isenstein @ 06/04/2013 08:22 PM Corrected by: Jessica Huff @ 06/04/2013 11:09 AM CORRECTION: An earlier version of this story misstated which organization was paying for Clinton’s appearance. CORRECTION: An earlier version of this story misstated details of the gala dinner.