What I find amazing is the media’s refusal to cover the fact that the Clinton Foundation gives out only about 15 percent of its “donations” for grants. We keep hearing about all of the “good works” that they do, but compared to its revenue, it is nothing but a money beast that enriches and corrupts others. So here we go:
The Clinton Foundation has joined Rev. Al Sharpton’s National Action Network on a list of naughty nonprofits maintained by Charity Navigator, a prominent charity monitor.
Charity Navigator created a watch list last year to include any charity that does not “meet our criteria.” Organizations are placed on the list when Charity Navigator becomes “aware of conduct that may affect a donor’s decision to support that charity.”
While Charity Navigator focused only on the Clinton Foundation’s donors, it could plausibly add the organization’s low payout rate to its watch list rationale.
Last month, the website The Federalist looked at the Clinton Foundation’s IRS filings for the period between 2008 and 2012. According to its analysis, only 15 percent of the $500 million raised during that span when towards grants for other organizations.
Nearly $110 million was paid out in the form of salaries and benefits while $25 million went towards travel expenses. Almost 60 percent of the organization’s disclosed revenue — or $290 million — was listed under the category of “other expenses.”
Read more over at the Daily Caller