Only 10% to charity? Review questions Clinton Foundation charity claim

[WNYresident]

Only 10% to charity? Review questions Clinton Foundation charity claim

'Out-of-control family affair': Experts question Clinton Foundation's true charitable spending

The charity run by the Clintons has raised $2 billion since it was founded in 2001 -- $144.3 million in 2013 alone -- but only a small fraction of the take went to its “life-saving work,” according to analysts who monitor non-profits.

The Bill, Hillary and Chelsea Clinton Foundation claims 88 percent of the money it raises goes to actual charity work, but experts who have looked at the books put the number at about 10 percent. The rest, they say, goes mostly to salaries, benefits, travel and fund-raising.

http://www.foxnews.com/politics/2015...able-spending/

[WNYresident]

“It seems like the Clinton Foundation operates as a slush fund for the Clintons,” Bill Allison, a senior fellow at the government watchdog group, Sunlight Foundation, told the New York Post.

Reg Baker, a certified public accountant who has offices in Hawaii and Las Vegas and has served on several non-profit boards, told FoxNews.com the foundation is not run like most charities.

“It sounds like another out-of-control family affair,” Baker said. “It is totally out of sync with charitable organizations' best practices.”

Isn't that what the people who started Adelphia basically did? Used the money of the company as a slush fund for themselves?

[gorja]

Here's their 2013 990 form

http://www.guidestar.org/FinDocument...0b0083da-9.pdf