'Slush Fund': 'Clinton Charity Spends Nearly 80 % on 'Administrative' Costs

[easyt65]

The Clinton Giustra Enterprise Partnership (CGEP) spent nearly 8 dollars for every 10 that it raised on salaries, office supplies, expenses, salaries and consulting fees, according to filings with the Canada Revenue Agency. The charity only spent 22 percent on “charitable programs.”

The CGEP was set up by Canadian mining investor Frank Giustra, who is one of the largest contributors to the Clinton Foundation and a frequent traveling partner with Bill Clinton.

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Giustra also has considerable financial holdings in Colombia, where the Clinton Foundation is active.

In June 2010, several of his companies received deals or concessions from the Colombian government following back-to-back meetings that Bill Clinton and then-Secretary of State Hillary Clinton had with the President of Colombia.

Giustra has given tens of millions of dollars to the Clinton Foundation since 2005.



Clinton 'Charity' = Clinton 'SLUSH Fund'

Clinton Charity Spends Nearly 80 Percent on Administrative Costs - Breitbart

 

[Siete]

Canadian affiliate charity of Clinton Foundation defends expenses

 

[TNHarley]

It IS a slush fund.
What I don't understand is how a charity that ranks in 70M+ a year(and doesn't spend HALF that on the needy) needs TAX PAYER MONEY to fund their charity employee salaries?

 

[Valerie]

"simply wrong."
Where Does Clinton Foundation Money Go?


"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."




please don't let FACTS get in the way of the perpetual partisan artful smear of ms hillary!

an artful smear of a charitable foundation created by a former President and First Lady of the U.S.A.

an artful smear of a charitable foundation which helps many philanthropic causes across the globe!




Annual Reports, Financials & Tax-Exempt Materials

The Clinton Foundation is committed to transparency and accountability throughout its work. This page includes the Foundation’s annual reports, audited financials and annual tax filings, and tax-exempt status filings and certifications.

Annual Reports

The annual reports highlight the Clinton Foundation's work and achievements that are made possible by our supporters and partners. Learn about the Clinton Foundation programs operating around the world and the positive impact they have on millions of people.

2015 (Online) | 2013 - 2014

2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004



Annual Reports, Financials & Tax-Exempt Materials

 

[Valerie]

The Clinton Foundation does most of its charitable work itself.

Katherina Rosqueta, the founding executive director of the Center for High Impact Philanthropy at the University of Pennsylvania, described the Clinton Foundation as an “operating foundation.”

“There is an important distinction between an operating foundation vs. a non-operating foundation,” Rosqueta told us via email. “An operating foundation implements programs so money it raises is not designed to be used exclusively for grant-making purposes. When most people hear ‘foundation’, they think exclusively of a grant-making entity. In either case, the key is to understand how well the foundation uses money — whether to implement programs or to grant out to nonprofits — [to achieve] the intended social impact (e.g., improving education, creating livelihoods, improving health, etc.).”

Craig Minassian, chief communications officer for the Clinton Foundation, said the Clinton Foundation is “an implementer.”

“We operate programs on the ground, around the world, that are making a difference on issues ranging from poverty and global health to climate change and women’s and girls’ participation,” Minassian told us via email. “Many large foundations actually provide grants to the Clinton Foundation so that our staff can implement the work.”

Asked for some examples of the work it performs itself, the Clinton Foundation listed these:

• Clinton Development Initiative staff in Africa train rural farmers and help them get access to seeds, equipment and markets for their crops.
• Clinton Climate Initiative staff help governments in Africa and the Caribbean region with reforestation efforts, and in island nations to help develop renewable energy projects.
• Staff at the Clinton Health Access Initiative, an independent, affiliated entity, work in dozens of nations to lower the cost of HIV/AIDS medicine, scale up pediatric AIDS treatment and promote treatment of diarrhea through life-saving Zinc/ORS treatment.
• Clinton Health Matters staff work with local governments and businesses in the United States to develop wellness and physical activity plans.

 

[Remodeling Maidiac]

Administrative costs

AKA

Lining pockets

 

[Valerie]

Clinton Foundation History

When President Clinton left the White House in 2001, he knew he wanted to spend his life as a private citizen working in the areas he cared about most and where he could make a measurable difference. His vision: a nongovernmental organization that could leverage the unique capacities of governments, partner organizations, and other individuals to address rising inequalities and deliver tangible results that improve people’s lives.

At the International AIDS Conference in 2002, the prime minister of St. Kitts and Nevis asked President Clinton to help build a health care system that would address the pressing HIV/AIDS pandemic. At the urging of Nelson Mandela, he began the Clinton HIV/AIDS Initiative, which is now named the Clinton Health Access Initiative (CHAI) to improve global access to care and treatment.

During the same time CHAI began its work, President Clinton established his post-presidential office in the iconic neighborhood of Harlem in New York City, where he saw a great opportunity for his Foundation to help empower local small business owners.

Over the next decade, the Foundation continued to expand its reach and impact, building on past successes and applying the same business-oriented approach to tackle other pressing challenges. While some initiatives blossomed from President Clinton’s commitment to specific issues — like climate change through the Clinton Climate Initiative — others were inspired by life-changing events.

In 2005, after President Clinton underwent heart-bypass surgery, the Foundation joined with the American Heart Association to form the Alliance for a Healthier Generation with the goal of ending the childhood obesity epidemic in the United States.

Based on a proven record of results, two other initiatives — the Clinton Development Initiative and the Clinton Giustra Enterprise Partnership — were launched in conjunction with partners who knew the Foundation could effectively allocate financial resources and implement programs to catalyze sustainable growth in Africa and Latin America.

After a lifetime of attending meetings where issues were discussed but no action was taken, the Clinton Global Initiative (CGI) began in September 2005 to convene world leaders, forward-looking CEOs, and philanthropists to commit to take action on pressing global challenges. Over the course of 10 Annual Meetings, members of the CGI community have made more than 3,500 commitments, which have improved the lives of over 430 million people in more than 180 countries.

In 2010, the Clinton Health Access Initiative (CHAI) became a separate nonprofit organization. Though the organization initially focused on increasing access to HIV/AIDS treatment, CHAI has expanded its work to increase access to treatments for malaria, diarrhea, tuberculosis; increase the efficiency and effectiveness of health care systems; accelerate the rollout of new vaccines; and improve maternal, newborn, and child health.

In 2012, building on the Foundation’s work of improving global health and fighting childhood obesity, the Foundation launched the Clinton Health Matters Initiative to improve the health and well-being of people across the United States. By developing and implementing a variety of evidence-based individual systems, and investment strategies, the initiative works to promote healthy lifestyles across all generations and reduce health disparities among communities.

Building on President Clinton’s longstanding commitment to Haiti from during his presidency, the Foundation has been actively engaged in Haiti since 2009. Following the 2010 devastating earthquake in Haiti, the Clinton Foundation deployed resources to help with immediate and long-term relief and assistance. And at the request of President Obama, President Clinton joined with President George W. Bush to establish the Clinton Bush Haiti Fund, which supported highly effective organizations on the ground in long-term rebuilding efforts. In 2011, the Clinton Foundation refocused its efforts in Haiti from emergency relief to long-term development and strategic planning, and today puts emphasis on private sector investment, job creation, capacity building, and economic development.

In addition to these initiatives, the Clinton Presidential Center, in Little Rock, Arkansas, supports the mission of the Foundation. The Center is also home to the University of Arkansas Clinton School of Public Service, the first school in the nation to offer a master’s degree in public service. Both the Center and the School are inspiring others to follow in the Clintons’ legacy of service.

In 2013, the Foundation was renamed the Bill, Hillary & Chelsea Clinton Foundation in recognition of Secretary Clinton’s and Chelsea’s contributions and to acknowledge their role in shaping the Foundation.

What began as a vision to lower the prices of HIV/AIDS medicines has evolved into one of the fastest-growing NGOs in the world. The Clinton Foundation wasn’t built overnight, and our successes aren't the result of the Clintons' work alone. The Foundation creates partnerships of great purpose to deliver sustainable solutions that last and transforms communities from what they are to what they can be.


Clinton Foundation History

 

[TNHarley]

The Clinton Foundation does most of its charitable work itself.

Katherina Rosqueta, the founding executive director of the Center for High Impact Philanthropy at the University of Pennsylvania, described the Clinton Foundation as an “operating foundation.”

“There is an important distinction between an operating foundation vs. a non-operating foundation,” Rosqueta told us via email. “An operating foundation implements programs so money it raises is not designed to be used exclusively for grant-making purposes. When most people hear ‘foundation’, they think exclusively of a grant-making entity. In either case, the key is to understand how well the foundation uses money — whether to implement programs or to grant out to nonprofits — [to achieve] the intended social impact (e.g., improving education, creating livelihoods, improving health, etc.).”

Craig Minassian, chief communications officer for the Clinton Foundation, said the Clinton Foundation is “an implementer.”

“We operate programs on the ground, around the world, that are making a difference on issues ranging from poverty and global health to climate change and women’s and girls’ participation,” Minassian told us via email. “Many large foundations actually provide grants to the Clinton Foundation so that our staff can implement the work.”

Asked for some examples of the work it performs itself, the Clinton Foundation listed these:

• Clinton Development Initiative staff in Africa train rural farmers and help them get access to seeds, equipment and markets for their crops.
• Clinton Climate Initiative staff help governments in Africa and the Caribbean region with reforestation efforts, and in island nations to help develop renewable energy projects.
• Staff at the Clinton Health Access Initiative, an independent, affiliated entity, work in dozens of nations to lower the cost of HIV/AIDS medicine, scale up pediatric AIDS treatment and promote treatment of diarrhea through life-saving Zinc/ORS treatment.
• Clinton Health Matters staff work with local governments and businesses in the United States to develop wellness and physical activity plans.

That includes their ravish lifestyles. Look at their tax returns. Only around 50% actually goes to the needy. And most of that is to programs. What do those programs ACTUALLY do?

 

[Flash]

The Clinton Foundation is a money laundering operation. It is the way the Clintons transfers the money that comes from selling government influence into their bank accounts.

They have two great scams going. Getting paid bloated salaries for speaking engagements and skimming off the foundation.

Tony Soprano would be green with envy.

This is the shithead the stupid Moon Bats want to be President of the US.

 

[rdean]

Clinton Foundation takes steps to be rated by charity watchdog

The Clinton Foundation does receive ratings from other charity evaluators. For example, Charity Watch rates the Clinton Foundation an "A" while Guidestar gives it a gold-level rating for transparency.

Another philanthropy watchdog, CharityWatch, a project of the American Institute of Philanthropy, gave the Clinton Foundation an “A” rating.

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.

Where Does Clinton Foundation Money Go?

Republicans hate anyone does any good for anyone else. Republicans want people to suffer so when they see people get help, they try to stop it by any means possible.

Look at how they destroyed ACORN and then found out the videos had been heavily edited.

Then the smear against Planned Parenthood.

And this while the GOP cuts school lunches and benefits for veterans.

This GOP is the most dirty, filthy and dishonest party to come along in generations.

 

[Soggy in NOLA]

The Clinton Foundation does most of its charitable work itself.

Katherina Rosqueta, the founding executive director of the Center for High Impact Philanthropy at the University of Pennsylvania, described the Clinton Foundation as an “operating foundation.”

“There is an important distinction between an operating foundation vs. a non-operating foundation,” Rosqueta told us via email. “An operating foundation implements programs so money it raises is not designed to be used exclusively for grant-making purposes. When most people hear ‘foundation’, they think exclusively of a grant-making entity. In either case, the key is to understand how well the foundation uses money — whether to implement programs or to grant out to nonprofits — [to achieve] the intended social impact (e.g., improving education, creating livelihoods, improving health, etc.).”

Craig Minassian, chief communications officer for the Clinton Foundation, said the Clinton Foundation is “an implementer.”

“We operate programs on the ground, around the world, that are making a difference on issues ranging from poverty and global health to climate change and women’s and girls’ participation,” Minassian told us via email. “Many large foundations actually provide grants to the Clinton Foundation so that our staff can implement the work.”

Asked for some examples of the work it performs itself, the Clinton Foundation listed these:

• Clinton Development Initiative staff in Africa train rural farmers and help them get access to seeds, equipment and markets for their crops.
• Clinton Climate Initiative staff help governments in Africa and the Caribbean region with reforestation efforts, and in island nations to help develop renewable energy projects.
• Staff at the Clinton Health Access Initiative, an independent, affiliated entity, work in dozens of nations to lower the cost of HIV/AIDS medicine, scale up pediatric AIDS treatment and promote treatment of diarrhea through life-saving Zinc/ORS treatment.
• Clinton Health Matters staff work with local governments and businesses in the United States to develop wellness and physical activity plans.

That includes their ravish lifestyles. Look at their tax returns. Only around 50% actually goes to the needy. And most of that is to programs. What do those programs ACTUALLY do?

Blowjobs for Bill?

 

[Siete]

"simply wrong."
Where Does Clinton Foundation Money Go?


"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."




please don't let FACTS get in the way of the perpetual partisan artful smear of ms hillary!

an artful smear of a charitable foundation created by a former President and First Lady of the U.S.A.

an artful smear of a charitable foundation which helps many philanthropic causes across the globe!




Annual Reports, Financials & Tax-Exempt Materials

The Clinton Foundation is committed to transparency and accountability throughout its work. This page includes the Foundation’s annual reports, audited financials and annual tax filings, and tax-exempt status filings and certifications.

Annual Reports

The annual reports highlight the Clinton Foundation's work and achievements that are made possible by our supporters and partners. Learn about the Clinton Foundation programs operating around the world and the positive impact they have on millions of people.

2015 (Online) | 2013 - 2014

2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004



Annual Reports, Financials & Tax-Exempt Materials

I've posted the Foundations audited financial statements going back from 1998 to present ... does that make any difference to Trumpbots?

hell no, they cant read.

 

[Staidhup]

And this is something new?

 

[NYcarbineer]

When a foundation does its own charity work, the expense of the charity work shows up as salaries, administration, etc.
It's called an 'operating foundation'. Look it up.

 

[NYcarbineer]

Conservatives are stupid.

 

[B. Kidd]

The Clinton Foundation is a money laundering operation. It is the way the Clintons transfers the money that comes from selling government influence into their bank accounts.

They have two great scams going. Getting paid bloated salaries for speaking engagements and skimming off the foundation.

Tony Soprano would be green with envy.

This is the shithead the stupid Moon Bats want to be President of the US.

Chelseas' annual salary as head of this racketeering org. was just under 1 million. Probably over a million by now. Good work to be born into.

 

[Siete]

Conservatives are stupid.

and they're damn proud of it too !

 

[Conservative65]

It IS a slush fund.
What I don't understand is how a charity that ranks in 70M+ a year(and doesn't spend HALF that on the needy) needs TAX PAYER MONEY to fund their charity employee salaries?

Why should taxpayers subsidize those low salaries?