CHANGE: Clinton Foundation to Limit Foreign Donations if Hillary Wins Presidency.
And a reminder from last year:
The Federalist looked at the Clinton Foundation’s IRS filings for the period between 2008 and 2012. According to its analysis, only 15 percent of the $500 million raised during that span when towards grants for other organizations.
Nearly $110 million was paid out in the form of salaries and benefits while $25 million went towards travel expenses. Almost 60 percent of the organization’s disclosed revenue — or $290 million — was listed under the category of “other expenses.”
That pattern continued into 2013, The Post notes. Of the $140 million in money the Clinton Foundation received in 2013, only $9 million was given out as charity to other groups.
In general, groups that monitor charities’ activities say a good charity spends at least 75 percent of its income on causes related to its core mission.
Limiting foreign donations won’t fix what’s wrong with the Clinton Foundation.