Investors Business Daily did an article on this and it confirms the Clinton Foundation has closed its doors.
A Charitable Foundation Folds !
Have you wondered why the Clinton Foundation folded so suddenly after Hillary was no longer in a position of influence? Perhaps this summary will provide some insight?
From their 2014 990 Tax Form; they list 486 employees (line 5)!
It took 486 people who are paid $34.8 million and $91.3 million in fees and expenses, to give away $5.1 MILLION
The real heart of the Clintons can be seen here. Staggering but not surprising. These figures are from an official copy of the Bill, Hillary and Chelsea Clinton Foundation for the tax year 2014. The copy of the tax return is from the National Center for Charitable Statistics web site https://nccs.urban.org/project/getti...-nccs-data/You
can obtain the latest tax return on any charitable organization there.
The Clinton Foundation: Number of Employees (line 5) 486
Total revenue (line 12): $177,804,612.00
Total grants to charity (line 13) $5,160,385.00 (this is less than 3%)
Total expenses of $91,281,145.00
Salaries (line 15) $34,838,106.00
Fund raising fees (line 16a) $850,803.00
Other expenses (line 17) $50,431,851.00 HUH??????
Note: $20 Million in Travel & Meetings to decide who gets the $5.160 Million in Charity ?
Net assets/fund balances (line 22) $332,471,349.00... So it required 486 people, who were paid $34.8 million, plus $91.3 million in fees and expenses, to give away $5.1 MILLION!
And they call this a CHARITY?
(It is alleged that this is one of the greatest white-collar crimes ever committed. And just think óone of the participants was a former president and one (gasp!) wanted to be elected president of the United States.
If justice was truly served they would both be in prison.
Feel free to pass this on to your friends so they can also be informed....