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I think we should all start our own foundation! Makes you feel all warm and fuzzy?
Have you wondered why the Clinton Foundation folded so suddenly after Hillary was no longer in a position of influence?
Perhaps this summary will provide some insight??
They list 486 employees (line 5)! It took 486 people who are paid $34.8 million and $91.3 million in fees and expenses, to give away $5.1 MILLION
This is real. You can check the return yourself (see below). The real heart of the Clintons can be seen here. Staggering but not surprising.
These figures are from an official copy of the Bill, Hillary and Chelsea Clinton Foundation for the tax year 2014.
The copy of the tax return is from the National Center for Charitable Statistics web site. You can obtain the latest tax return on any charitable organization there.
The Clinton Foundation:
Number of Employees (line 5) 486
Total revenue (line 12) $177,804,612.00
Total grants to charity (line 13) $5,160,385.00 (this is less than 3%)
Total expenses of $91,281,145.00
Expenses include:
Salaries (line 15) $34,838,106.00
Fund raising fees (line 16a) $850,803.00
Other expenses (line 17) $50,431,851.00 HUH??????
Travel $8,000,000.00
Meetings $12,000,000.00
Net assets/fund balances (line 22) $332,471,349.00
So it required 486 people, who were paid $34.8 million, plus $91.3 million in fees and expenses, to give away $5.1 MILLION! And they call this a CHARITY?
This is one of the greatest white-collar crimes ever committed. And just think---one of the participants was a former president and one (gasp!) wanted to be elected president of the United States. If justice was truly served they would both be in prison.
Dr. Laurence M. Demers, DABCC, FACB
Professor Emeritus, Pathology and Medicine
Pennsylvania State University
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