Who knew Hillary Clinton is a bit of a philanthropist?To pressure her GOP rival Donald Trump into releasing his tax returns, the Democrat nominee for president has just released hers. Among the highlights: Hillary and Bill earned $10,745,378 last year, and wrote off $1,042,000 in charitable contributions.
But what’s most interesting is which charities benefited from the Clinton’s “charity.”
A $42,000 contribution was made to Desert Classic Charities. And the remaining million? That went from one pocket into another, as Hillary and her husband donated it to their very own Clinton Foundation.
[H/T The Daily Caller]
The Clinton Foundation gives about as much to legitimate charities as Hillary Clinton. The Foundation spends a mere 10 percent of its revenue on charitable grants, while an equal 10 percent is spent on travel, 33 percent on salaries/benefits, and 47 percent on all other expenses (rent, supplies, IT). By contrast, charities like the American Red Cross and Doctors Without Borders spend 92 and 90 percent, respectively, of the revenue they raise on the charitable causes for which they exist.
It should come as little surprise then that after the FBI finished investigating Hillary Clinton, they began investigating her Foundation. The Daily Caller reported yesterday that “Multiple FBI investigations are underway involving potential corruption charges against the Clinton Foundation, according to a former senior law enforcement official.”How will it turn out? If their previous investigative work is any predictor, we’ll learn that the Clinton Foundation broke the law repeatedly, but there’s nothing they can (or will) do about it.
[Note: This post was authored by Matt Palumbo. Follow him on Twitter @MattPalumbo12]