Corruption: If the Clintons haven't used their foundation as a favor bank for foreign governments and businessinterests, what was it for? It couldn't have been about helping people.
In the wake of revelations about the curious timing between donations to the Bill, Hillary & Chelsea Clinton Foundation and favorable policies during Hillary's tenure as secretary of state, the foundation has admitted to making a couple bookkeeping "mistakes" involving foreign donations.
The foundation's annual report talks about "improving global health, increasing opportunity for women and girls, reducing childhood obesity and preventable disease, creating economic opportunity and growth, and helping communities address the effects of climate change." And its website is full of photos and stories showing how the great work is being done.
Even the spending looks above-board: $68.3 million in 2013 for "program services expenses," equal to 80% of total expenses, according to its Form 990, which non-profits submit each year to the IRS.
But a closer look at the numbers shows a mere 13% of program expenses — and just 10% of total spending — went for grants and aid. And despite its global pretensions, most of the aid stayed in the U.S. The rest went to salaries, conferences, travel and other overhead costs.
In fact, the Clinton Foundation was more generous to conference organizers than the poor. The IRS filing shows it spent $9 million on conferences, conventions and meetings, compared to $8.9 million in aid...
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