When the people find that they can vote themselves money, that will herald the end of the republic.“ - Benjamin Franklin.
“When people get used to preferential treatment equal treatment seems like discrimination.” - Thomas Sowell
Clinton Foundation Admit 85% Of Donations Do Not Go To Charity.....
The Clinton Foundation is a giant vampire squid with its filaments wrapped around the world and its blood funnel jamming relentlessly into anything that smells like money. That’s OK, people say, it’s a charity. They might be right on paper, but make no mistake – the main beneficiaries of the Clinton Foundation are the Clintons.
What percentage of Clinton Foundation money goes to real and actual charities? If you define “actual charities not controlled by the Clintons” as “programmatic grants,” then it appears the number is 15%.
This unusual approach to charity has flummoxed Charity Navigator, one of the leading independent organizations that track charities. Charity Navigator has stopped giving the Clinton Foundation a charity ranking at all.
Where does the money go?
What are these in-house, expensive charities that suck up all this cash? The Federalist reported that “the two single largest ‘charitable’ initiatives of the Clinton Foundation — by its own admission — are the Clinton Presidential Library, which exists solely to put a positive spin on the 42nd president’s term in office, and the Clinton Global Initiative, which the New York Times characterized as a ‘glitzy annual gathering of chief executives, heads of state, and celebrities.'” If hanging out with celebrities and networking at glitzy dinners counts as charity, then it’s time to grant the Kardashian sisters tax-exempt status.
Charles Ortel, the investigator who uncovered the financial discrepancies at General Motors before its stock crashed, says the Clinton Foundation is “the largest unprosecuted charity fraud ever.”
The Foundation “isn’t organized lawfully and isn’t operating lawfully. There’s never been a legally compliant audit,” Ortel says of the Foundation raking in hundreds of millions of dollars per year.
After a devastating earthquake in Haiti in 2010, Bill and Hillary Clinton controlled dispersal of more than $10 billion in aid funds. Very little of it ever got to the poor, noted Haitian journalist Dady Chery. She called Clinton disaster fund-raising “predatory humanitarianism.”
Clinton-controlled group events are “all about buying access,” Adam Davidson, host of NPR’s “Planet Money” show said.
We should be especially concerned about Ms. Clinton’s role in the Skolkovo Innovation Center, established in 2009 as Russia’s answer to Silicon Valley, Mr. Schindler said.
“Of the 28 U.S., European and Russian companies that participated in Skolkovo, 17 were Clinton Foundation donors or had hired former President Clinton to give speeches,” noted Peter Schweizer of the Government Accountability Institute.....snip~
Clinton Foundation Admit 85% Of Donations Do Not Go To Charity - News Punch
So much for Ritchies bull$#@!.
Last edited by MMC; 12-07-2021 at 10:18 AM.
History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~
MisterVeritis (12-07-2021),Tahuyaman (12-07-2021)
Like I said, those who cite the small percentage of money the Clinton Foundation gives to other charities while ignoring the bulk of their spending on their own charitable activities are idiots, liars or both.
https://theconversation.com/what-do-...money-go-65287The last area of common misunderstanding is how the organization’s funds are spent. To address this question best, the place to go is their audited financial statements, which consolidate the activities of all the entities that make up the Clinton Foundation.
As a point of context, consider the organization’s size. In 2014, the Clinton Foundation had expenses of $250 million, which puts it smaller than its venerable peer the Carter Center at $332 million but much larger than the Donald J. Trump Foundation, which spent $597,000 in its most recent year.
As for where those funds went, the first thing to note is what it doesn’t spend a lot of money on: overhead. In its most recent audited financials, the Clinton Foundation reported spending87.2 percent on programs and services, which means 12.8 percent is going to “overhead” – administrative and fundraising costs. While not the ultimate arbiter of effectiveness, such a figure is well above the 65 percent to 75 percent range of program spending often suggested as a rule-of-thumb.
The Clinton Health Access Initiative alone accounts for nearly two-thirds of all program spending, or $143 million. That’s perhaps no surprise given global health has been a longstanding focus of the organization. The rest goes to the Global Initiative (11 percent), the Giustra Enterprise Partnership (3 percent) and a variety of other projects.
It’s odd how you ignore their massive accumulation of wealth so quickly after Bill Clinton left office. Hillary Clinton claimed to be “flat broke” when Bill left office, yet they immediately purchased a very expensive home in one of the most exclusive neighborhoods in America.
They accumulated tens of millions of dollars within weeks or days after leaving office.
When the people find that they can vote themselves money, that will herald the end of the republic.“ - Benjamin Franklin.
“When people get used to preferential treatment equal treatment seems like discrimination.” - Thomas Sowell
Your article actually makes the point about the Foundation being a fraud. It attempts to use double speak but says nothing.
The Clinton's gave some of their income to themselves to take a tax deduction and then spent the money on themselves under the guise of non-profit expenses.
Let's go Brandon !!!
When the people find that they can vote themselves money, that will herald the end of the republic.“ - Benjamin Franklin.
“When people get used to preferential treatment equal treatment seems like discrimination.” - Thomas Sowell
Last edited by Peter1469; 12-07-2021 at 01:01 PM.
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