Originally published August 26 2015
Total hypocrisy: HALF of Clinton's charitable giving goes to their own foundation!
by J. D. Heyes
(NaturalNews) The more time passes, the more we learn of the utter disingenuousness of Bill and Hillary Clinton.
As reported by the Washington Free Beacon, an examination of the Clintons' financial disclosures, which were recently released by the Democratic presidential campaign of Hillary Clinton, reveal that half of the couple's charitable giving in 2014 went to their own Bill, Hillary and Chelsea Clinton Foundation.
According to the filing, the Clintons earned in excess of $28 million last year alone – putting them squarely in the 1 percent of American earners Hillary routinely rails against – and claimed about $3 million in income as charitable tax deductions.
Her campaign emphasized Hillary's charitable giving in a press release, stating it "represented 10.8 percent" of her income in 2014. However, about half that money – $1.8 million – appears to have been directed to the Foundation, the Washington Free Beacon noted.
The WFB further reported:
According to the tax returns, the Clintons gave $3 million in 2014 to the Clinton Family Foundation, a small private foundation that the family uses as a pass-through to other charities. Records show the CFF disbursed $3.7 million in 2014, including $1.8 million to the Bill, Hillary, and Chelsea Clinton Foundation.
Paying themselves
So, in essence, she and Bill were paying themselves (and their daughter).
That lone contribution was the family's largest last year, and by a great margin. There were other, smaller donations to a number of other institutions and organizations including the University of Arkansas, the American Ireland Fund and the American Friends of the Peres Center.
In addition, the $1.8 million donation is by far the largest the couple has made to their Foundation in recent years, WFB reported. "In the past five years combined, they gave a total of $1.1 million to the organization. Their last large donation was in 2008, when they gave $1 million," the news site said.
The Clintons do not receive direct compensation from their Foundation; however, they do benefit from it in terms of travel. Also, the foundation serves as a gravy train for a number of their longtime aides and closest advisors and friends.
The Clinton family foundation has been criticized in the past for its unusual makeup and structure. For instance, WFB reports, Charity Navigator – a watchdog organization – put the foundation on its "Watch List" earlier this year because it did not match up to its criteria because of its "atypical business model."
Stay updated with all of Clinton's shenanigans at Clinton.news
No 'ordinary American'
In September 2005, The New York Sun cited a report by the Better Business Bureau that the foundation also did not meet its standards:
The report, issued in June, said the Clinton Foundation lacks policies requiring performance reviews for its chief executive officer and for the organization as a whole. The Better Business Bureau review also observed that the foundation's annual reports and Web site do not contain detailed financial statements or information about the charity's board of directors.
In addition, the bureau's charity evaluation service, called the Wise Giving Alliance, said it could not establish whether the foundation was observing five other good-governance practices regarding board meetings, conflict-of-interest policies, budget issues, and donor privacy.
"There are a number of concerns here," the head of the alliance, Bennett Weiner, told The Sun. "We didn't get a copy of the audited financial statement. They did have an annual report, but it didn't include specifically the board roster and the summary of finances that is recommended."
The Clinton financial disclosures show that Bill and Hillary have earned more than $140 million since 2007, and that they have paid more in taxes – $57.5 million – than Republican presidential contender Jeb Bush has earned in his entire career since 1981, making it difficult for her to play the "ordinary American" role during her campaign.
Sources:
FreeBeacon.com
MSNBC.com
FreeBeacon.com
NYSun.com
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