Tax Returns Show Clinton Foundation Only Spent 10% on Charitable Grants, Not 90%

Remember when Hillary said in the debate that 90% of what the Clinton Foundation brings in goes to charity and those in need? Well those in need must include themselves and their pals according to their 2013 tax filing:

http://www.guidestar.org/FinDocuments/2013/311/580/2013-311580204-0b0083da-9.pdf

Their tweet with graphic below is simply a lie straight up.


The Federalist
:

There’s only one problem: that claim is demonstrably false. And it is false not according to some partisan spin on the numbers, but because the organization’s own tax filings contradict the claim.

clinton-foundation-2013-breakdown-federalist

In order for the 88 percent claim to be even remotely close to the truth, the words “directly” and “life-changing” have to mean something other than “directly” and “life-changing.” For example, the Clinton Foundation spent nearly $8.5 million–10 percent of all 2013 expenditures–on travel. Do plane tickets and hotel accommodations directly change lives? Nearly $4.8 million–5.6 percent of all expenditures–was spent on office supplies. Are ink cartridges and staplers “life-changing” commodities?

Those two categories alone comprise over 15 percent of all Clinton Foundation expenses in 2013, and we haven’t even examined other spending categories like employee fringe benefits ($3.7 million), IT costs ($2.1 million), rent ($4 million) or conferences and conventions ($9.2 million). Yet, the tax-exempt organization claimed in its tweet that no more than 12 percent of its expenditures went to these overhead expenses.

How can both claims be true? Easy: they’re not. The claim from the Clinton Foundation that 88 percent of all expenditures go directly to life-changing work is demonstrably false.

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About Chuck Norton

I write about politics, education, economics, morality and philosophy.
This entry was posted in 2016, Clinton, Lies, Pay to Play, True Talking Points, Uncategorized. Bookmark the permalink.

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