on September 17, 2016 in World News
Just 5.7 Percent Of Clinton Foundation Budget Actually Went To Charitable Grants
by Peter Hasson 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.”… View Article
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