APPALLING: Clinton Foundation Spent More On Travel Expenses Than Charity
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Thread: APPALLING: Clinton Foundation Spent More On Travel Expenses Than Charity

  1. #1

    APPALLING: Clinton Foundation Spent More On Travel Expenses Than Charity

    APPALLING: Clinton Foundation Spent More On Travel Expenses Than Charity
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    The Clinton Machine takes other people’s money, including millions from oppressive Islamic regimes that sentence homosexuals to death and don’t allow women to vote, drive a car, or be out in public alone.
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    In 2014, the Clinton Foundation took in an astonishing $178 million dollars, according to IRS tax records.
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    $178 MILLION.
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    Estimates indicate the foundation is currently sitting on nearly $350 million dollars in total assets – assets accumulated under the guise of the foundation being a “charitable” organization.
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    And of that $178 million accumulated in 2014, less than 5.2 million was then given out by the Clinton Foundation in charitable donations not directly linked to the foundation. In fact, the foundation spent more on its own travel expenses (likely LOTS of private jet miles, first-class hotels, five-star restaurants, etc) than it did on actual charity. $8 million was spent on travel – far more than on charity.
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    In fact, the three greatest expenses the Clinton Foundation paid out, were to offshoot organizations directly linked to the Clinton Foundation:
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    “…The Clinton Foundation’s three largest charitable “program service accomplishments,” according to its tax reports, are the Clinton Global Initiative ($23.2 million), the Clinton Presidential Library ($12.3 million), and the Clinton Climate Initiative ($8.3 million).”
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    And all of those groups, among others linked to the foundation, are often staffed by high-paid supporters of the Clintons. When Clinton supporters boast of the millions the foundation gives to charity, what they are not saying is that the vast majority of those millions are actually being given to other charities controlled by the Clintons! This allows the Clinton Foundation to remain in compliance with IRS charity organization laws, while keeping all those millions “in-house” and directed by the Clintons.
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    The reality is that the Clinton Foundation has never been a charitable endeavor, but rather, a commercial one that has made Bill and Hillary Clinton very-very wealthy. The single most important charity the Clintons are involved with – are the Clintons.
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    Read more at APPALLING: Clinton Foundation Spent More On Travel Expenses Than Charity - DCWhispers.com
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    My Thoughts:
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    And you can add to the Clinton Foundation the $250,000 per person fund raiser they had last night in NYC.
    The only easy day was yesterday
    Dedicated to my brother in law who died
    doing what he loved being a Navy SEAL

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  3. #3
    Clinton Foundation Spent Less Than 6 Percent On Charitable Grants In 2014
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    The tax-exempt organization's grants to charitable organizations declined by 40 percent between 2013 and 2014.
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    By Sean Davis
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    The Clinton Foundation spent less than 6 percent of its budget on charitable grants in 2014, according to documents the organization filed with the Internal Revenue Service (IRS) in 2015.
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    During the 2014 tax year, the tax-exempt foundation spent a total of $91.2 million, but less than $5.2 million of that money, or 5.7 percent, was granted to charitable organizations, the group’s tax filings show. The Clinton Foundation raised nearly $178 million in 2014. The organization’s charitable grants also declined significantly when compared to its donations in 2013. Compared to its 2013 charitable grants of $8.8 million, the Clinton Foundation’s grants in 2014 declined by more than 40 percent, even as its revenue over the same period increased by 20 percent. According to the tax filings, the Clinton Foundation is currently sitting on $354 million in assets, including $125 million in cash or cash equivalents and $108 million in property or equipment.
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    The tax records, which were filed with the IRS in November of 2015, show that the Clinton Foundation spent far more on overhead expenses like travel ($7.9 million) than it did on charitable grants in 2014. The group also spent more on rent and office supplies (a total of $6.6 million) than it did on charitable grants. The Clinton Foundation’s IRS forms show that even its depreciation expense ($5.3 million) — an accounting classification that takes into account the wear and tear of an organization’s assets — exceeded the tax-exempt organization’s charitable grant outlays.
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    Supplemental tables within the Form 990 filed with the IRS show that the Clinton Foundation’s largest charitable grant was a $2 million payment to the Alliance for a Healthier Generation (AHG), a joint project founded by the Clinton Foundation and the American Heart Association. Bruce Lindsey, the board chairman for the Clinton Foundation in 2014, also served on AHG’s board that year, according to the organization’s 2014 tax filings. Of the $16.3 million AHG organization spent in 2014, only $349,022, or 2.1 percent, was spent on charitable grants, the group’s tax filings show.
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    The Clinton Foundation’s largest single charitable grant to an organization not founded by the Clinton Foundation or managed by one of its board members was a $700,000 check to the J/P Haitian Relief Organization, a non-profit founded by actor Sean Penn. That organization reportedly spent more than $126,000 on first-class flights for the actor. Other charitable grants from the Clinton Foundation included $200,000 for the Tiger Woods Foundation and $37,500 for the Sesame Workshop in New York City.
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    Clinton Foundation defenders say the total amount of its charitable grants is irrelevant and argue that the bulk of the Clinton Foundation’s charitable work is done by salaried employees. A review of the organization’s tax filings and statements from its own executives about the group’s “commercial proposition,” however, suggests that this may not be the case.
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    The Clinton Foundation’s three largest charitable “program service accomplishments,” according to its tax reports, are the Clinton Global Initiative ($23.2 million), the Clinton Presidential Library ($12.3 million), and the Clinton Climate Initiative ($8.3 million). The Clinton Global Initiative, which exists to organize and produce a lavish annual meeting headlined by former president Bill Clinton, was characterized by the New York Times as a “glitzy annual gathering of chief executives, heads of state, and celebrities,” hardly a portrait of the kind of charitable work that directly impacts the lives of the needy.
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    Ira Magaziner, a top former Clinton Foundation executive, also explicitly rejected that the group’s climate change activities were charitable in nature. “This is not charity,” Magaziner told The Atlantic in 2007. “The whole thing is bankable. It’s a commercial proposition.”
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    In fact, 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.
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    Read More:
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    Clinton Foundation Spent Barely 6 Percent On Charitable Grants In 2014
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    My Thoughts:
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    I'd like to know what the $50,000,000 in "other expenses" (which make up the bulk of the total expenditures) were.
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    So they pay people $35 million to distribute $5 million.
    The only easy day was yesterday
    Dedicated to my brother in law who died
    doing what he loved being a Navy SEAL

  4. #4
    Charity watchdog: Clinton Foundation a ‘slush fund’
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    By Isabel Vincent
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    The Clinton Foundation’s finances are so messy that the nation’s most influential charity watchdog put it on its “watch list” of problematic nonprofits last month.
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    The Clinton family’s mega-charity took in more than $140 million in grants and pledges in 2013 but spent just $9 million on direct aid.
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    The group spent the bulk of its windfall on administration, travel, and salaries and bonuses, with the fattest payouts going to family friends.
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    On its 2013 tax forms, the most recent available, the foundation claimed it spent $30 million on payroll and employee benefits; $8.7 million in rent and office expenses; $9.2 million on “conferences, conventions and meetings”; $8 million on fundraising; and nearly $8.5 million on travel. None of the Clintons is on the payroll, but they do enjoy first-class flights paid for by the foundation.
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    In all, the group reported $84.6 million in “functional expenses” on its 2013 tax return and had more than $64 million left over — money the organization has said represents pledges rather than actual cash on hand.
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    Some of the tens of millions in administrative costs finance more than 2,000 employees, including aid workers and health professionals around the world.
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    But that’s still far below the 75 percent rate of spending that nonprofit experts say a good charity should spend on its mission.
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    Charity Navigator, which rates nonprofits, recently refused to rate the Clinton Foundation because its “atypical business model . . . doesn’t meet our criteria.”
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    Charity Navigator put the foundation on its “watch list,” which warns potential donors about investing in problematic charities. The 23 charities on the list include the Rev. Al Sharpton’s troubled National Action Network, which is cited for failing to pay payroll taxes for several years.
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    Other nonprofit experts are asking hard questions about the Clinton Foundation’s tax filings in the wake of recent reports that the Clintons traded influence for donations.
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    “It seems like the Clinton Foundation operates as a slush fund for the Clintons,” said Bill Allison, a senior fellow at the Sunlight Foundation, a government watchdog group where progressive Democrat and Fordham Law professor Zephyr Teachout was once an organizing director.
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    In July 2013, Eric Braverman, a friend of Chelsea Clinton from when they both worked at McKinsey & Co., took over as CEO of the Clinton Foundation. He took home nearly $275,000 in salary, benefits and a housing allowance from the nonprofit for just five months’ work in 2013, tax filings show. Less than a year later, his salary increased to $395,000, according to a report in Politico.
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    Braverman abruptly left the foundation earlier this year, after a falling-out with the old Clinton guard over reforms he wanted to impose at the charity, Politico reported. Last month, Donna Shalala, a former secretary of health and human services under President Clinton, was hired to replace Braverman.
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    Nine other executives received salaries over $100,000 in 2013, tax filings show.
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    The nonprofit came under fire last week following reports that Hillary Clinton, while she was secretary of state, signed off on a deal that allowed a Russian government enterprise to control one-fifth of all uranium producing capacity in the United States. Rosatom, the Russian company, acquired a Canadian firm controlled by Frank Giustra, a friend of Bill Clinton’s and member of the foundation board, who has pledged over $130 million to the Clinton family charity.
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    The group also failed to disclose millions of dollars it received in foreign donations from 2010 to 2012 and is hurriedly refiling five years’ worth of tax returns after reporters raised questions about the discrepancies in its filings last week.
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    An accountant for the Clinton Foundation did not return The Post’s calls seeking clarification on its expenses Friday, and a spokesperson for the group refused comment.
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    Read More:
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    Charity watchdog: Clinton Foundation a ‘slush fund’ | New York Post
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    My Thoughts:
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    I’ve been saying this for years it’s a Slush Fund pure and simple.
    The only easy day was yesterday
    Dedicated to my brother in law who died
    doing what he loved being a Navy SEAL

  5. #5
    IRS Just Revealed One Big Nasty Secret About Clinton Foundation!!!
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    Basically what IRS just revealed is that Clinton Foundation is one huge Ponzi Scheme!!!
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    This is insane! Practically not just Hillary, but whole Clinton family is going to jail!
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    According to Daily Caller:
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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.”
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    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.
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    That number pales in comparison to the $34.8 million the foundation spent on salaries, compensation and employee benefits.
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    Another $50.4 million was marked as “other expenses,” while the remaining almost $851K was marked as “professional fundraising expenses.”
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    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.
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    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)
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    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).
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    Read More:
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    Whole Clinton Family Is Going To Jail: IRS Just Revealed One Big Nasty Secret About Clinton Foundation!!! | USA Politics Today
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    My Thoughts:
    Like I’ve always said, “Follow the money”.
    The only easy day was yesterday
    Dedicated to my brother in law who died
    doing what he loved being a Navy SEAL

  6. The DOJ will not go after them no matter what.

  7. #7
    That's a sad thought and most likely the truth. BUT I wonder what might happen if Trump get's in office???????????
    The only easy day was yesterday
    Dedicated to my brother in law who died
    doing what he loved being a Navy SEAL

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