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Clinton Foundation Files $16.8 MILLION Loss

The numbers don’t lie, Hillary’s name is poison Hillary Clinton’s name is pure poison and no one in their right mind wants anything to do with her. This is evidenced nowhere more in the fact that the Clinton Foundation has gone from turning over a revenue of almost $400 million in 2013, to actually LOSING almost $33 million since Donald Trump wiped the floor with Hillary in 2016.

Newly released tax records show that the foundation reported a loss of almost $17 million in 2018, to add to the net loss of $16.1 million the previous year in 2017.

The numbers don’t lie.

Total revenue reported for 2018 was just $30.7 million, less than a tenth of what was being pulled in While Hillary was Secretary of State.

Only $24.2 million was posted in grants and contributions, which constitutes a record low for the “charity.” Expenses amounted to $47.5 million, hence a loss of $16.8 million.

In 2009, the Clinton Foundation hauled in $249 million, and in the four years that followed, another $392.2 million in revenue poured in. In her last three years in office, 2014-16, the foundation raised a whopping $344.4 million.

https://summit.news/2019/11/19/clinton-foundation-files-16-8-million-loss/

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A scam from day one.

According to tax returns filed by the Clinton Foundation, only 5.7% of the funds raised actually went to charitable organizations. The rest went to salaries and benefits for employees and “other expenses.”

A well-run charity spends only about 25% on administrative costs.

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Notice the comeback from one of the ‘truebelievers’.

“A misleading fact. The 5.7% are funds given to outside charities. The Foundation itself spent 89% on charity according to one research group, citing in- house charitable work. The Clinton Foundation is not a private foundation, it is a public charity and gives directly.”

Yeah right. One ‘research group’?…..yep, we know how that works.

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Hmph. Numbers may be fudged by the taxpayer in his/her favor but never the opposite. So they don’t lie, just research groups.

“The Clinton Foundation spent a hair under $91.3 million in 2014, the organization’s IRS filings show. But less than $5.2 million of that went to charitable grants.

That number pales in comparison to the $34.8 million the foundation spent on salaries, compensation and employee benefits.

Another $50.4 million was marked as “other expenses,” while the remaining almost $851K was marked as “professional fundraising expenses.””

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ruca

Hopefully his and her lives are added to the losses before the year’s end.

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