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A true answer for my good friend and FAR LEFT PROGRESSIVE "BoardsofFL".
Clinton Foundation only gives 15 percent of donations to charities, IRS concern
April 23, 2015
12:26 PM MST
The Bill, Hillary and Chelsea Clinton Foundation – originally named the William J. Clinton Foundation – is refiling at least five tax returns and may have its books audited for as far back as 15 years after recent concerns over the contributed finances of the organization have been raised near and far, according to Reuters on Thursday. The organization is said to be a non-profit foundation established by former United States President Bill Clinton with the organization’s mission to be to strengthen the capacity of people throughout the world to meet the challenges of global interdependence. Now, it has been asserted that of the millions of dollars that the Clinton Foundation has received, only a miniscule 15 percent of the donations to the organization has actually gone to charitable organizations.
Disturbing details of the finances of the Clintons Foundation were reported upon by Rush Limbaugh, the controversial talk radio show host, on Thursday. He asserts that much of the 85 percent of the millions of dollars that do not end up in the hands of charities have undefined destinations. In fact, 60 percent of the money donated to the Clintons is categorized as “other.” Knowing this, consider that that the Clinton Foundation’s IRS filings show that it raised more than $500 million between 2009 and 2012. The Federalist publication has published that only 15 percent – or only $75 million – was spent on charity. In excess of $25 million was spent on travel expenses and approximately $110 million went toward employee salaries and benefits, according to Free Republic.
[...]
http://www.examiner.com/article/clinton-foundation-only-gives-15-percent-of-donations-to-charities-irs-concern
Clinton Foundation only gives 15 percent of donations to charities, IRS concern
April 23, 2015
12:26 PM MST
The Bill, Hillary and Chelsea Clinton Foundation – originally named the William J. Clinton Foundation – is refiling at least five tax returns and may have its books audited for as far back as 15 years after recent concerns over the contributed finances of the organization have been raised near and far, according to Reuters on Thursday. The organization is said to be a non-profit foundation established by former United States President Bill Clinton with the organization’s mission to be to strengthen the capacity of people throughout the world to meet the challenges of global interdependence. Now, it has been asserted that of the millions of dollars that the Clinton Foundation has received, only a miniscule 15 percent of the donations to the organization has actually gone to charitable organizations.
Disturbing details of the finances of the Clintons Foundation were reported upon by Rush Limbaugh, the controversial talk radio show host, on Thursday. He asserts that much of the 85 percent of the millions of dollars that do not end up in the hands of charities have undefined destinations. In fact, 60 percent of the money donated to the Clintons is categorized as “other.” Knowing this, consider that that the Clinton Foundation’s IRS filings show that it raised more than $500 million between 2009 and 2012. The Federalist publication has published that only 15 percent – or only $75 million – was spent on charity. In excess of $25 million was spent on travel expenses and approximately $110 million went toward employee salaries and benefits, according to Free Republic.
[...]
http://www.examiner.com/article/clinton-foundation-only-gives-15-percent-of-donations-to-charities-irs-concern
