Tax Returns Show Clinton Foundation Only Spent 10% on Charitable Grants, Not 90%
Remember when Hillary said in the debate that 90% of what the Clinton Foundation brings in goes to charity and those in need? Well those in need must include themselves and their pals according to their 2013 tax filing:
http://www.guidestar.org/FinDocuments/2013/311/580/2013-311580204-0b0083da-9.pdf
Their tweet with graphic below is simply a lie straight up.
https://twitter.com/ClintonFdn/status/592047971631570944
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.
In order for the 88 percent claim to be even remotely close to the truth, the words “directly” and “life-changing” have to mean something other than “directly” and “life-changing.” For example, the Clinton Foundation spent nearly $8.5 million–10 percent of all 2013 expenditures–on travel. Do plane tickets and hotel accommodations directly change lives? Nearly $4.8 million–5.6 percent of all expenditures–was spent on office supplies. Are ink cartridges and staplers “life-changing” commodities?
Those two categories alone comprise over 15 percent of all Clinton Foundation expenses in 2013, and we haven’t even examined other spending categories like employee fringe benefits ($3.7 million), IT costs ($2.1 million), rent ($4 million) or conferences and conventions ($9.2 million). Yet, the tax-exempt organization claimed in its tweet that no more than 12 percent of its expenditures went to these overhead expenses.
How can both claims be true? Easy: they’re not. The claim from the Clinton Foundation that 88 percent of all expenditures go directly to life-changing work is demonstrably false.