Out of the whole Clinton Foundation’s massive 2014 budget, only 5.7 percent went to charitable grants. The rest of the money went to salaries and employee benefits, fundraising and “other expenses,” tax-exempt organization’s IRS filings show.
Moreover, the foundation spent a hair under $91.3 million in 2014. Yet, less than $5.2 million of that went to charitable grants.
$34.8 million went to salaries, compensation and employee benefits.
For “other expenses,” they spent $50.4 million, while the remaining $851K went to “professional fundraising expenses.”
The foundation took additional $30 million in 2014. But, they still spent 40% less on charities in 2014 than in 2013. Yet, they raised the salaries, employee benefits and compensation by $5 million in 2014. The foundation also spent $5 million more “other expenses” in 2014.
Furthermore, 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.”
The Daily Caller initially reported that the IRS launched an investigation into the Clinton Foundation this past July. According to 64 House Republicans the foundation is a “lawless ‘pay-to-play’ enterprise that has been operating under a cloak of philanthropy for years and should be investigated”.
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