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No great surprise. The Clinton Foundation serves as a massive slush fund for...the Clinton's. This too is being investigated and will be another major scandal for the family.
In 2013, The Clinton Foundation Only Spent 10 Percent Of Its Budget On Charitable Grants
Hillary Clinton's non-profit spent more on office supplies and rent than it did on charitable grants
APRIL 27, 2015 By Sean Davis
After a week of being attacked for shady bookkeeping and questionable expenditures, the Clinton Foundation is fighting back. In a tweet posted last week, the Clinton Foundation claimed that 88 percent of its expenditures went “directly to [the foundation’s] life-changing work.”
http://thefederalist.com/2015/04/27/in-2013-the-clinton-foundation-only-spent-10-percent-of-its-budget-on-charitable-grants/
'Out-of-control family affair': Experts question Clinton Foundation's true charitable spending
By Malia Zimmerman Published April 29, 2015
The charity run by the Clintons has raised $2 billion since it was founded in 2001 -- $144.3 million in 2013 alone -- but only a small fraction of the take went to its “life-saving work,” according to analysts who monitor non-profits.
The Bill, Hillary and Chelsea Clinton Foundation claims 88 percent of the money it raises goes to actual charity work, but experts who have looked at the books put the number at about 10 percent. The rest, they say, goes mostly to salaries, benefits, travel and fund-raising.
“That claim is demonstrably false, and it is false not according to some partisan spin on the numbers, but because the organization’s own tax filings contradict the claim,” said Sean Davis, co-founder of The Federalist, a conservative online magazine.
The foundation, originally called the Clinton Global Initiative, has come under close scrutiny as Hillary Clinton prepares for a presidential run. Revelations in the soon-to-be-released book, “Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich,” by Peter Schweizer, have spurred numerous media investigations into the relationship between Hillary Clinton’s tenure as Secretary of State, the foundation’s solicitation of foreign money and the ex-president’s lucrative speaking engagements around the world.
“It sounds like another out-of-control family affair.”
- Reg Baker, CPA and board member of non profit organizations
http://www.foxnews.com/politics/2015/04/29/trickle-down-experts-question-clinton-foundation-true-charitable-spending.html
In 2013, The Clinton Foundation Only Spent 10 Percent Of Its Budget On Charitable Grants
Hillary Clinton's non-profit spent more on office supplies and rent than it did on charitable grants
APRIL 27, 2015 By Sean Davis
After a week of being attacked for shady bookkeeping and questionable expenditures, the Clinton Foundation is fighting back. In a tweet posted last week, the Clinton Foundation claimed that 88 percent of its expenditures went “directly to [the foundation’s] life-changing work.”
http://thefederalist.com/2015/04/27/in-2013-the-clinton-foundation-only-spent-10-percent-of-its-budget-on-charitable-grants/
'Out-of-control family affair': Experts question Clinton Foundation's true charitable spending
By Malia Zimmerman Published April 29, 2015
The charity run by the Clintons has raised $2 billion since it was founded in 2001 -- $144.3 million in 2013 alone -- but only a small fraction of the take went to its “life-saving work,” according to analysts who monitor non-profits.
The Bill, Hillary and Chelsea Clinton Foundation claims 88 percent of the money it raises goes to actual charity work, but experts who have looked at the books put the number at about 10 percent. The rest, they say, goes mostly to salaries, benefits, travel and fund-raising.
“That claim is demonstrably false, and it is false not according to some partisan spin on the numbers, but because the organization’s own tax filings contradict the claim,” said Sean Davis, co-founder of The Federalist, a conservative online magazine.
The foundation, originally called the Clinton Global Initiative, has come under close scrutiny as Hillary Clinton prepares for a presidential run. Revelations in the soon-to-be-released book, “Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich,” by Peter Schweizer, have spurred numerous media investigations into the relationship between Hillary Clinton’s tenure as Secretary of State, the foundation’s solicitation of foreign money and the ex-president’s lucrative speaking engagements around the world.
“It sounds like another out-of-control family affair.”
- Reg Baker, CPA and board member of non profit organizations
http://www.foxnews.com/politics/2015/04/29/trickle-down-experts-question-clinton-foundation-true-charitable-spending.html