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Hillary Clinton

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LiberalFighter

(50,942 posts)
Thu May 12, 2016, 06:23 PM May 2016

WSJ and DU Clinton haters are slamming the Clinton Foundation [View all]

Here is a source with information about the operation of the Clinton Foundation.

Where Does Clinton Foundation Money Go? --(FactCheck)

Fiorina and others are referring only to the amount donated by the Clinton Foundation to outside charities, ignoring the fact that most of the Clinton Foundation’s charitable work is performed in-house. One independent philanthropy watchdog did an analysis of Clinton Foundation funding and concluded that about 89 percent of its funding went to charity.

Simply put, despite its name, the Clinton Foundation is not a private foundation — which typically acts as a pass-through for private donations to other charitable organizations. Rather, it is a public charity. It conducts most of its charitable activities directly.

Daniel Borochoff, president and founder of CharityWatch, told us by phone that its analysis of the finances of the Clinton Foundation and its affiliates found that about 89 percent of the foundation budget is spent on programming (or “charity”), higher than the 75 percent considered the industry standard.


Here is the Du posting -xx-
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