Tag Archives: 64 million not spent increased net assets to 247 million

Clinton Foundation 2013 IRS 990 filing reveals revenue of 148.9 million and charitable giving of 8.9 million, Clintons spent 6 percent of revenue on charity, 64 million not spent increased net assets to 247 million, Would you donate to a charity with this record?

Clinton Foundation 2013 IRS 990 filing reveals revenue of 148.9 million and charitable giving of 8.9 million, Clintons spent 6 percent of revenue on charity, 64 million not spent increased net assets to 247 million, Would you donate to a charity with this record?

“Would you support a charitable foundation that gives 6 percent of revenue to charity?”…Citizen Wells

“the Democratic Party overlooked the ethical red flags and made a pact with Mr. Clinton that was the equivalent of a pact with the devil. And he delivered. With Mr. Clinton at the controls, the party won the White House twice. But in the process it lost its bearings and maybe even its soul.”…Bob Herbert, NY Times February 26, 2001

“For what shall it profit a man, if he shall gain the whole world, and lose his own soul?”…Mark 8:36

 

 

We have all been warned about giving to charities that only give a small percentage of donations to the advertised recipients.

I have just observed one of the most flagrant examples of this that I have ever encountered.

The Bill Hillary & Chelsea Clinton Foundation.

You may have heard or read about this foundation only spending 10 percent of their budget on charities for 2013.

It is even worse than that.

The foundation had revenue of $ 148.9 million and expenses (budget) of $ 84.7 million. The remainder, $ 64.2 million increased the foundation’s net assets to $ 247.3 million.

The Bill Hillary & Chelsea Clinton Foundation spent 6 percent of 2013 revenue on charities.

From the top of form 990.
Briefly describe the organization’s mission:

“Improve global health & wellness, increase opportunity for women/girls, reduce childhood obesity, create economic opp & growth and help communities address effects of climate change.”

What a bunch of hypocrites.

Criminals is a better adjective.

From Consumer Reports.

“How is Your Favorite Charity Rated by Watchdogs?
Before you give, check out how charitable organizations are rated by the watchdogs”

“Charitable giving often comes to mind this time of year. The holidays might have you thinking about the less fortunate, or charitable donations might be part of your year-end tax strategy. Whatever the reason, make sure the group you choose will put your money to good use and not spend it on big salaries for its executives or huge payments to professional fundraisers.

The easiest way to research national charities is with the three major charity watchdogs: Charity Navigator, CharityWatch, and the BBB Wise Giving Alliance. They rate charities based on how they spend their money, protect donor privacy, govern themselves, and more.”

http://www.consumerreports.org/cro/2012/12/make-sure-your-donation-counts/index.htm

From Fox News April 29, 2015.

“In 2012, the Better Business Bureau reported the Clinton Foundation did not meet the standards of an accountable charity, failing on six counts, largely because of a lack of transparent financial reporting. According to the Better Business Bureau website, the charity is again under review and a new report will be released soon.”

http://www.foxnews.com/politics/2015/04/29/trickle-down-experts-question-clinton-foundation-true-charitable-spending/

ClintonFoundation2013IRSSummary

ClintonFoundation2013IRS

 

 

 

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