Posted on 10/20/2016 7:43:58 AM PDT by GilGil
FULL Title:FACT CHECK: Hillary Said 90% of Clinton Foundation Donations go to Charity. Actual Number? 5.7%
Hillary Clinton told a whopper of a lie during last night's debate when she claimed 90% of the money donated to the Clinton Foundation is paid out in charity.
The truth is only 5.7% of their "massive budget" in 2014 went to charitable grants, "the rest went to salaries and employee benefits, fundraising and 'other expenses.'"
As The Daily Caller reports: Just 5.7 percent of the Clinton Foundations massive 2014 budget actually went to charitable grants, according to the tax-exempt organizations IRS filings. The rest went to salaries and employee benefits, fundraising and other expenses.
The Clinton Foundation spent a hair under $91.3 million in 2014, the organizations IRS filings show. But less than $5.2 million of that went to charitable grants.
(Excerpt) Read more at informationliberation.com ...
LOL, yep, 85% to Chelsea and Bill and political purposes, 5 percent to charities. IMHO, this should have been the lead story out of the debates - fuzzy math.
I think she may have lied by omission. The Clinton Foundation dispenses their money to subsidiary Clinton operations. These subsidiary operations are set up as charities. Therefore, 90% of their money is transferred from the parent organization of their criminal empire to its next tier down, where only 5.7% is spent on actual charitable work.
The Clintons very carefully construct some of their lies, often years in advance.
Of course not but you shouldn’t wrestle with pigs.
“It’s all for the little children” is the phony lib mantra of course.
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