The Clinton Foundation has long been a source of controversy for Bill and Hillary.
However, new evidence compiled during an IRS investigation looks likely to bolster the claims of Clinton opponents who see the non-profit as a “lawless pay-to-play” enterprise under the guise of philanthropy. (The Daily Caller)
Just 5.7 percent of the Clinton Foundation’s massive 2014 budget actually went to charitable grants, according to the tax-exempt organization’s IRS filings. The rest went to salaries and employee benefits, fundraising and “other expenses.”
The Clinton Foundation spent a hair under $91.3 million in 2014, the organization’s IRS filings show. But less than $5.2 million of that went to charitable grants.
That number pales in comparison to the $34.8 million the foundation spent on salaries, compensation and employee benefits.
Another $50.4 million was marked as “other expenses,” while the remaining almost $851K was marked as “professional fundraising expenses.”
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