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Seldom used charity? About 80% of all money donated to the Clinton Foundation was spent on charitable works and the Clinton Foundation was given an A ratings by independent charity watchdogs.
Sorry conservatives despite whatever conspiracy theories you may have cooked up in your fertile imaginations the Clinton's unlike the Trumps are actually running a legit charity.
Is that why charity navigator quit rating them all together?
In 2013 they spent over 8 million on travel expenses and another 4.5 million on office supplies and 7 million in salaries. Over a 5 year period that raised 500 million and spent 35 million on salaries.
In 2016, expenses totaled $81.3 million (not including depreciation) which is about $10 million more than the amount of revenue reported. The organization was able to cover the shortfall because they had nearly $350 million in net fund assets.
Expense Analysis by Four Broad Categories (Program, Grants, Management, and Fundraising)
- $58.5 million (83% of revenue): Program Expenses
- $ 2.8 million (4% of revenue): Grants
- $17.0 million (24% of revenue): Management Expenses
- $ 3.0 million (4% of revenue) : Fundraising Expenses
$100: Revenue
-$ 24: Management Expenses
-$ 4: Fundraising Expenses
-$ 28: Subtotal Management and Fundraising Expenses
$ 72: Revenue Remaining
-$ 4: Grants
$ 68: Revenue Remaining
-$ 83: Program Expenses
-$ 15: Shortfall (covered by net fund assets)
https://www.google.com/amp/s/paddoc...re-does-100-to-the-clinton-foundation-go/amp/