2016 Presidential Race Abuse of Authority Economics of Liberty Headline News

Only 5% of Clinton Foundation Budget Went to Philanthropy

by Micah J. Fleck

Yes, it’s true – Hillary Clinton’s charitable organization spent 95% of its massive, nearly $92 million budget on employee benefits, campaign fundraising, and “other expenses” in 2014, according to newly uncovered IRS filings.

That’s not all, though. In addition to this news, the filings also revealed that when compared to how much of the budget from the previous year was spent on charity, that 5% total from 2014 was actually 40% less than what was spent on charity in 2013 – even though Clinton accepted $30 million more in 2014.

According to The Daily Caller:

“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.”

And The Federalist was also quite scathing, even going so far as to explain how and why most of the Clinton Foundation’s professed philanthropic activities have ceased completely:

“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.” 

Either way one slices it, we seem to be witnessing some of the most dishonest use of charity funds in recent history. Will the mainstream media care? No.

Related posts

; })();