Hillary Exposed! Clinton Foundation Tax Records Raise Questions About Spending — $8M In Travel Costs Alone!
Radar online (hah hah hah)
Posted on Jul 8, 2015 @ 3:56AM
As Hillary Clinton ramps up her race to the White House, she is facing a growing wave of criticism behind the scenes about whether her charity, the Clinton Foundation, is properly using donations. Tax records obtained by RadarOnline.com reveal, for example, that the organization spent nearly as much on travel expenses as on grants!
The Bill, Hillary and Chelsea Clinton Foundation, generated $144,382,361 in revenue in 2013, according to IRS tax returns reviewed by RadarOnline.com, but only paid out $8,865,052 million, roughly 5% of their revenue, in grants.
At the same time, travel expenses totaled $8,448,502 million, with supplemental information stating “The Board recognizes that, due to extraordinary security and other requirements, William J. Clinton, Hillary Rodham Clinton, and Chelsea Clinton may require the need to travel by charter or in first class, the determination of which will be made on a case-by-case basis.”
Salaries of executives also increased from $18,438,574 total in 2012 to $29,914,108 total in 2013. With just 402 employees, that means the average salary is $74,413, well above the national average of $50,500. Specifically, then-Director of Marketing Frederic Poust brought in a whopping $464,229 in salary for 2013, with the CFO, CEO, Executive Director and other senior staff making well into the six figures.
In addition, the foundation bled cash for its swanky fundraising events. One London gala only generated $364,151 in gross income, on $15,197,538 in gross receipts. Net income from the fundraising events was in the red for $859,030.
And conferences sponsored by the foundation cost $9,224,775. Three conference production companies were paid $2 million in services, $626,059 to a web design company, and $448,750 to the Community Counseling Service Company for endowment plan development.
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http://radaronline.com/celebrity-news/clinton-foundation-bill-hillary-chelsea-clinton-tax-records-revenue-grants/
Gosh, amborin! I wonder why Rachel and Chris Hayes don't talk about that? I can understand how CIABCNNBCBSFauxNooz won't. I just did the math and can tell you we'd save a heck of a lot of money if we had a Foundation.
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