How much does the Clinton Foundation spend on actual charitable work? Less than it claims:
After a week of being attacked for shady bookkeeping and questionable expenditures, the Clinton Foundation is fighting back. In a tweet posted last week, the Clinton Foundation claimed that 88 percent of its expenditures went “directly to [the foundation’s] life-saving work.”
There’s only one problem: that claim is demonstrably false. And it is false not according to some partisan spin on the numbers, but because the organization’s own tax filings contradict the claim.
It’s funny how the threat of prosecution can elicit a different story.
While some may claim that the Clinton Foundation does its charity by itself, rather than outsourcing to other organizations in the form of grants, there appears to be little evidence of that activity in 2013. In 2008, for example, the Clinton Foundation spent nearly $100 million purchasing and distributing medicine and working with its care partners. In 2009, the organization spent $126 million on pharmaceutical and care partner expenses. By 2011, those activities were virtually non-existent. The group spent nothing on pharmaceutical expenses and only $1.2 million on care partner expenses. In 2012 and 2013, the Clinton Foundation spent $0. In just a few short years, the Clinton’s primary philanthropic project transitioned from a massive player in global pharmaceutical distribution to a bloated travel agency and conference organizing business that just happened to be tax-exempt.
You’d almost think they were ramping up for some sort of campaign ...