The Clintons took in more than $140M in 2013 but spent just $9M on direct aid.....the bulk spent on travel, salaries and bonuses, with fat payouts going to family and friends. On 2013 tax forms, most recent available, they claim $30 million on payroll/employee benefits; $8.7 million in rent/office expenses; $9.2 million on “conferences, conventions and meetings”; $8 million on fund-raising; and nearly $8.5 million on travel. Significantly, none of the Clintons are listed on the payroll, except for first-class flights paid for by the Foundation.
The tax-exempt came under fire following reports that then-Secy of State Hillary Clinton allowed a Russian government enterprise to control 1/5 of all US uranium- producing capacity. Rosatom acquired Clinton crony Frank Giustra's Canadian firm--Giustra is a member of the Clinton board and pledged over $130M to the foundation. The Clintons failed to disclose millions in foreign donations from 2010-12 and is refiling five years’ worth of tax returns.
Charity Navigator refused to rate the Clinton Foundation because its “atypical business model doesn’t meet our criteria.” ...it put them on its “watch list' .... which includes Al Sharpton’s National Action Network which failed to pay payroll taxes for several years.
Read more at the New York Post
Sunday, April 26, 2015
Charity watchdog dubs Clinton Foundation a ‘slush fund’
Labels:
charities,
Charity Navigator,
Clinton Foundation,
nonprofits
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