Politics Only 5.7% Of Clinton Slush Fund Actually Went To Charity

Discussion in 'The Howard Stern Show' started by HS Cult Leader, Sep 17, 2016.

  1. HS Cult Leader

    HS Cult Leader Elite Member Gold

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    Just 5.7 Percent Of Clinton Foundation Budget Actually Went To Charitable Grants


    Reporter, Associate Editor
    Peter Hasson
    6:36 PM 09/16/2016

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    Just 5.7 percent of the Clinton Foundation’s massive 2014 budget actually went to charitable grants, according to the tax-exempt organization’s IRS filings. The rest went to salaries and employee benefits, fundraising and “other expenses.”


    The Clinton Foundation spent a hair under $91.3 million in 2014, the organization’s IRS filings show. But less than $5.2 million of that went to charitable grants.

    That number pales in comparison to the $34.8 million the foundation spent on salaries, compensation and employee benefits.

    Another $50.4 million was marked as “other expenses,” while the remaining almost $851K was marked as “professional fundraising expenses.”

    Despite taking in an additional $30 million in 2014, the Clinton Foundation spent 40 percent less on charitable grants in 2014 than in 2013. Even as it slashed charitable spending, the foundation increased the amount spent on salaries, employee benefits and compensation by $5 million in 2014. The foundation also spent $5 million more “other expenses” in 2014.

    Sean Davis at The Federalist notes, “the bulk of the charitable work lauded by the Clinton Foundation’s boosters — the distribution of drugs to impoverished people in developing countries — is no longer even performed by the Clinton Foundation. Those activities were spun off in 2010 and are now managed by the Clinton Health Access Initiative, a completely separate non-profit organization.” (RELATED: Clinton Foundation Deceived IRS On Tax Exemption From The Start)
    As first reported by The Daily Caller, the IRS launched an investigation into the Clinton Foundation this past July after 64 House Republicans called the foundation a “lawless ‘pay-to-play’ enterprise that has been operating under a cloak of philanthropy for years and should be investigated” in a letter to the IRS, FBI and Federal Trade Commission (FTC).

    http://dailycaller.com/2016/09/16/j...n-foundation-budget-actually-went-to-charity/
     
  2. Onehourphoto

    Onehourphoto Maverick Gold

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    North Shore Animal League redux.
     
  3. kippy

    kippy Not Safe For Women VIP

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    Almost puts Bianca's Furry Friends Fund to shame.
     
  4. Turtle Man

    Turtle Man Hello Darling Gold

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    That's 5.7 more than I expected
     
  5. yaddc

    yaddc Well-Known Member

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    So what's the surprise
     
  6. WUT7272G7C

    WUT7272G7C Space Chimp Gold

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    It makes money, to take money.
     
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  7. Tipsey Russell

    Tipsey Russell VIP Extreme Gold

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    charities are overwhelmingly a ripoff

    you wanna do some good for people give a homeless guy $20

    sure he's gonna spend it on booze--as he should
     
  8. Stew Nod

    Stew Nod Hello VIP

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    shocking newz
     
  9. Lostronaut

    Lostronaut Well-Known Member

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    It's a non profit. High Administrative costs.
     
  10. Kool

    Kool Well-Known Member

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    Show your Taxes Trump, u fckn compulsive liar
     
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  11. broccoli rob

    broccoli rob thanks for the memories DW3

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    Wait, so Hillary's charitable foundation raised money and barely any of it was received by a charity? You realize how badass that is, right?
     
  12. cg256

    cg256 Well-Known Member VIP

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    The fact that this is the left's response to being informed of the graft of the Clinton Foundation, it lets me know I'm going to have to endure at least 4 years of President Cheeto. You guys have run out of gas.
     
  13. jdwhatever

    jdwhatever Fesh Gold

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    Shocking
     
  14. jdwhatever

    jdwhatever Fesh Gold

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    Lula
     
  15. Avery

    Avery Well-Known Member Banned User

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    But what about the $20,000 portrait, hurrmmm derp.
     
  16. Turtle Man

    Turtle Man Hello Darling Gold

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    Waaaaahhhhh.
     
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  17. Howchilla

    Howchilla VIP Extreme Gold

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    Nice shitty article you posted.

    You obviously have no idea how Clinton's charity works. Here's an article from Politifact knocking down this shitty rumor
    http://www.politifact.com/truth-o-m...-priebus-false-claim-80-clinton-foundation-c/
    "Although it has ‘foundation’ in its name, the Clinton Foundation is actually a public charity," Brian Mittendorf, a professor of accounting at Ohio State University’s Fisher College of Business, wrote in the Chronicle of Philanthropy. "In practical terms, this means both that it relies heavily on donations from the public and that it achieves its mission primarily by using those donations to conduct direct charitable activities, as opposed to providing grants from an endowment.

    The Clinton Development Initiative is helping farmers in Malawi grow and sell more crops and has built a warehouse where farmers can store their crops for sale. The foundation is doing something similar for coffee farmers in Haiti.

    In 2013, the Clinton Giustra Enterprise Partnership launched the Acceso Centro de Formacion to provide job training for people in Cartagena, Colombia.

    A lot of what the foundation does is have its employees help facilitate partnerships.

    The Clinton Health Access Initiative, for instance, has gotten credit for providing access to lower-cost drugs for millions of people with HIV/AIDS. The foundation program consolidated both the supply of raw materials to make the drugs and the bidding to supply the finished product. The result was lower production costs and lower drug prices. Today, the initiative tracks the going price for a menu of treatments and posts them to help health departments around the world as they negotiate with drug companies.
    ----------

    Don't come with bullshit stuff trying to stir the pot. Clinton Foundation is like the Red Cross. They do all the work themselves. You give them $1, 90% of that money is going to help people.

    Why have they only donated 5.7% of the money they take in? Because if you are doing the work that needs to be done.

    Also, the Clintons haven't taken a dime from the Charity and don't receive a salary.
    http://www.politifact.com/punditfac...at-pundit-clintons-get-no-personal-benefit-f/
    clinton tax doc.png
     
  18. Howchilla

    Howchilla VIP Extreme Gold

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    Trump-bots can go jerk-off to their $12,000 Tim Tebow autograph helmet and a $20,000 painting of the Orange Menace.
    What about the scam where he charges rent to charities holding events at his golf clubs? He can't give them a break and have them holding an event rent free as a donation?
     
  19. cg256

    cg256 Well-Known Member VIP

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  20. Howchilla

    Howchilla VIP Extreme Gold

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    Care to quote that? Illegal you say? And they haven't been indicted.