Where Does Clinton Foundation Money Go? Where Does Clinton Foundation Money Go? - Talk of The Villages Florida

Where Does Clinton Foundation Money Go?

 
Thread Tools
  #1  
Old 10-07-2016, 04:01 PM
Guest
n/a
 
Posts: n/a
Default Where Does Clinton Foundation Money Go?

Republican presidential candidate Carly Fiorina says that “so little” of the charitable donations to the Clinton Foundation “actually go to charitable works” — a figure CARLY for America later put at about 6 percent of its annual revenues — but Fiorina is simply wrong.
Fiorina and others are referring only to the amount donated by the Clinton Foundation to outside charities, ignoring the fact that most of the Clinton Foundation’s charitable work is performed in-house. One independent philanthropy watchdog did an analysis of Clinton Foundation funding and concluded that about 89 percent of its funding went to charity.
Simply put, despite its name, the Clinton Foundation is not a private foundation — which typically acts as a pass-through for private donations to other charitable organizations. Rather, it is a public charity. It conducts most of its charitable activities directly

Where Does Clinton Foundation Money Go?
  #2  
Old 10-07-2016, 04:20 PM
Guest
n/a
 
Posts: n/a
Default

Snow job! Nobody does foundation for charity. It's to avoid taxes, hide money, pay there children wage, and siphon off there cash. Same goes for charity organizations, they siphon off most money in handling fees where only 10 or 20 percent actually fines someone in need.
  #3  
Old 10-07-2016, 04:35 PM
Guest
n/a
 
Posts: n/a
Default

Quote:
Originally Posted by Guest View Post
Snow job! Nobody does foundation for charity. It's to avoid taxes, hide money, pay there children wage, and siphon off there cash. Same goes for charity organizations, they siphon off most money in handling fees where only 10 or 20 percent actually fines someone in need.
Where did you read that?

If that were True the Clintons would be worth billions. But not even half of what Trump is worth. Think of the millions of people they have helped and you support the guy with the money in the bank that won't release his taxes or tell is where he invested.

"10 cents on the dollar from the Clinton Foundation goes to charitable causes."
— Mike Pence on Tuesday, October 4th, 2016 in the vice presidential debate

You don't think Pence knows the truth?
  #4  
Old 10-07-2016, 04:42 PM
Guest
n/a
 
Posts: n/a
Default

Quote:
Originally Posted by Guest View Post
Snow job! Nobody does foundation for charity. It's to avoid taxes, hide money, pay there children wage, and siphon off there cash. Same goes for charity organizations, they siphon off most money in handling fees where only 10 or 20 percent actually fines someone in need.
Please validate with links and facts to back up what you say.

Just saying stuff does not make it so, and of course you are wrong thus will be waiting anxiously to see what you come up with
  #5  
Old 10-07-2016, 04:43 PM
Guest
n/a
 
Posts: n/a
Default

Quote:
Originally Posted by Guest View Post
Where did you read that?

If that were True the Clintons would be worth billions. But not even half of what Trump is worth. Think of the millions of people they have helped and you support the guy with the money in the bank that won't release his taxes or tell is where he invested.

"10 cents on the dollar from the Clinton Foundation goes to charitable causes."
— Mike Pence on Tuesday, October 4th, 2016 in the vice presidential debate

You don't think Pence knows the truth?
Who says I support trump, I thinks he's loon, but he not public servant lair, cheating, crinmal loon yet.

MOst everybody knows this why foundations was allowed for rich to hide there money and not have to pay taxes on it.
  #6  
Old 10-07-2016, 04:46 PM
Guest
n/a
 
Posts: n/a
Default

Quote:
Originally Posted by Guest View Post
Who says I support trump, I thinks he's loon, but he not public servant lair, cheating, crinmal loon yet.

MOst everybody knows this why foundations was allowed for rich to hide there money and not have to pay taxes on it.
Well like Trump you simply say things like "MOst everybody knows t and I sure do not know nor have I ever read that...fact is with all the money and effort spent, not one has proven anything and it continues to do good work.

NOW...on the other hand shall we discuss that shell called a Trump Foundation that Trump has been using as petty cash ?
  #7  
Old 10-07-2016, 04:50 PM
Guest
n/a
 
Posts: n/a
Default

Quote:
Originally Posted by Guest View Post
Where did you read that?

If that were True the Clintons would be worth billions. But not even half of what Trump is worth. Think of the millions of people they have helped and you support the guy with the money in the bank that won't release his taxes or tell is where he invested.

"10 cents on the dollar from the Clinton Foundation goes to charitable causes."
— Mike Pence on Tuesday, October 4th, 2016 in the vice presidential debate

You don't think Pence knows the truth?
I know Pence does not know the truth !!! How is that.

"In the vice presidential debate, Republican Mike Pence tried to skewer Hillary Clinton by talking about the multi-billion dollar Clinton Foundation. Pence recycled a flawed GOP talking point that the foundation is a cash cow to enrich the Clintons and their friends.

"10 cents on the dollar from the Clinton Foundation goes to charitable causes," Pence said.

This is based on a misunderstanding of how the foundation operates. In brief, it raises money to deliver services and projects itself. The amount of money it gives away as grants is a small sliver of its activities.

We’ll use the Clinton Foundation’s most recent IRS tax form, for 2014, as an example. (It starts on Page 28 of this document.) The foundation reported total expenses in 2014 of a little over $91 million but grants of just $5.1 million. That’s close to 6 percent of the foundation’s money being spent on grants.

But that doesn’t mean everything else is overhead, people who monitor charities and their practices say, or that only 10 cents of every dollar went to a charitable cause.


"Although it has ‘foundation’ in its name, the Clinton Foundation is actually a public charity," Brian Mittendorf, a professor of accounting at Ohio State University’s Fisher College of Business, wrote in the Chronicle of Philanthropy. "In practical terms, this means both that it relies heavily on donations from the public and that it achieves its mission primarily by using those donations to conduct direct charitable activities, as opposed to providing grants from an endowment."

What are some of the foundation’s programs?

The Clinton Development Initiative helps farmers in Malawi, Rwanda and Tanzania raise more crops and get higher prices at the market.

The Clinton Giustra Enterprise Partnership launched the Acceso Centro de Formacion to provide job training for people in Cartagena, Colombia.

The Clinton Health Access Initiative, for instance, has gotten credit for providing access to lower-cost drugs for millions of people with HIV/AIDS.

Financial statement rules require a nonprofit to split its expenses between program services, fundraising and management/general costs (the latter two are collectively what are referred to as "overhead"), Mittendorf told us.

He said that in 2014, 87.2 percent of the Clinton Foundation’s expenses were on program services.

"Of course, this only speaks to how the organization used its funds and not whether that 87.2 percent was allocated to the most effective program efforts, but it is all we have in terms of verifiable data on this question," Mittendorf said.

The American Institute of Philanthropy’s Charity Watch, reached the same conclusion. It has given the Clinton Foundation an A rating and says it spends only 12 percent of the money it raises on "overhead."

"The Clinton Foundation is an excellent charity," Charity Watch president Daniel Borochoff said Aug. 24, 2016, on CNN. "They are able to get 88 percent of their spending to bona fide program services and their fundraising efficiency is really low. It only costs them $2 to raise $100."

Other Republican critics of the foundation have used slightly higher figures than Pence. Republican National Committee chair Reince Priebus said the foundation only spent 20 percent on good works. Conservative radio talker Rush Limbaugh said it was 15 percent. Those are inaccurate, too.

Our ruling

Pence said 10 cents on every dollar from the Clinton Foundation goes to charitable causes. While it’s true that the foundation gives away in grants a small fraction of its resources, about 87 percent of its expenses go toward services it provides directly.

A leading expert in the finances of philanthropies, Mittendorf, says that while the Clinton Foundation calls itself a foundation, it operates like a public charity. Mittendorf cautioned that while the dollar amounts are clear and verified, that is no guarantee that the programs are effective and efficient. However, that is not the criticism Pence raised.

We rate this claim False.
  #8  
Old 10-07-2016, 06:28 PM
Guest
n/a
 
Posts: n/a
Default Re:where does the money go

Quote:
Originally Posted by Guest View Post
Where did you read that?

If that were True the Clintons would be worth billions. But not even half of what Trump is worth. Think of the millions of people they have helped and you support the guy with the money in the bank that won't release his taxes or tell is where he invested.

"10 cents on the dollar from the Clinton Foundation goes to charitable causes."
— Mike Pence on Tuesday, October 4th, 2016 in the vice presidential debate

You don't think Pence knows the truth?
I keep posting the same question AND HAVE YET TO GET A REPLY.
I've tried doing my own research AND THERE IS NO INFORMATION AVAILABLE.

WE ALL KNOW OBAMA HAS ADDED TEN TRILLION DOLLARS TO THE NATIONAL DEBT. REMEMBER THAT IS ABOVE THE TRILLIONS THEY ALREADY COLLECT IN THE TAXES WE ALL PAY.

WHERE DID MY/ OUR MONEY GO???????????????

If, you don't think the question effects you, we've been misled that China is our largest creditor. Actually Japan holds slightly more of our debt than China does BUT. I think most Americans/YOU will be shocked to find that Japan and China hold just under 20% of our national debt.
SOCIAL SECURITY HOLDS 42% OF THE NATIONAL DEBT.
IN PLAINSPEAK-WE HAD NO CHOICE BUT TO TRUST OUR GOVERNMENT TO HOLD OUR MONEY AND THEY SPENT IT.
  #9  
Old 10-07-2016, 06:30 PM
Guest
n/a
 
Posts: n/a
Default

Quote:
Originally Posted by Guest View Post
I know Pence does not know the truth !!! How is that.

"In the vice presidential debate, Republican Mike Pence tried to skewer Hillary Clinton by talking about the multi-billion dollar Clinton Foundation. Pence recycled a flawed GOP talking point that the foundation is a cash cow to enrich the Clintons and their friends.

"10 cents on the dollar from the Clinton Foundation goes to charitable causes," Pence said.

This is based on a misunderstanding of how the foundation operates. In brief, it raises money to deliver services and projects itself. The amount of money it gives away as grants is a small sliver of its activities.

We’ll use the Clinton Foundation’s most recent IRS tax form, for 2014, as an example. (It starts on Page 28 of this document.) The foundation reported total expenses in 2014 of a little over $91 million but grants of just $5.1 million. That’s close to 6 percent of the foundation’s money being spent on grants.

But that doesn’t mean everything else is overhead, people who monitor charities and their practices say, or that only 10 cents of every dollar went to a charitable cause.


"Although it has ‘foundation’ in its name, the Clinton Foundation is actually a public charity," Brian Mittendorf, a professor of accounting at Ohio State University’s Fisher College of Business, wrote in the Chronicle of Philanthropy. "In practical terms, this means both that it relies heavily on donations from the public and that it achieves its mission primarily by using those donations to conduct direct charitable activities, as opposed to providing grants from an endowment."

What are some of the foundation’s programs?

The Clinton Development Initiative helps farmers in Malawi, Rwanda and Tanzania raise more crops and get higher prices at the market.

The Clinton Giustra Enterprise Partnership launched the Acceso Centro de Formacion to provide job training for people in Cartagena, Colombia.

The Clinton Health Access Initiative, for instance, has gotten credit for providing access to lower-cost drugs for millions of people with HIV/AIDS.

Financial statement rules require a nonprofit to split its expenses between program services, fundraising and management/general costs (the latter two are collectively what are referred to as "overhead"), Mittendorf told us.

He said that in 2014, 87.2 percent of the Clinton Foundation’s expenses were on program services.

"Of course, this only speaks to how the organization used its funds and not whether that 87.2 percent was allocated to the most effective program efforts, but it is all we have in terms of verifiable data on this question," Mittendorf said.

The American Institute of Philanthropy’s Charity Watch, reached the same conclusion. It has given the Clinton Foundation an A rating and says it spends only 12 percent of the money it raises on "overhead."

"The Clinton Foundation is an excellent charity," Charity Watch president Daniel Borochoff said Aug. 24, 2016, on CNN. "They are able to get 88 percent of their spending to bona fide program services and their fundraising efficiency is really low. It only costs them $2 to raise $100."

Other Republican critics of the foundation have used slightly higher figures than Pence. Republican National Committee chair Reince Priebus said the foundation only spent 20 percent on good works. Conservative radio talker Rush Limbaugh said it was 15 percent. Those are inaccurate, too.

Our ruling

Pence said 10 cents on every dollar from the Clinton Foundation goes to charitable causes. While it’s true that the foundation gives away in grants a small fraction of its resources, about 87 percent of its expenses go toward services it provides directly.

A leading expert in the finances of philanthropies, Mittendorf, says that while the Clinton Foundation calls itself a foundation, it operates like a public charity. Mittendorf cautioned that while the dollar amounts are clear and verified, that is no guarantee that the programs are effective and efficient. However, that is not the criticism Pence raised.

We rate this claim False.
We are making the same point. You drew the wrong conclusion when I asked "You don't think Pence knows the truth?"
  #10  
Old 10-07-2016, 08:34 PM
Guest
n/a
 
Posts: n/a
Default

Quote:
Originally Posted by Guest View Post
Where did you read that?

If that were True the Clintons would be worth billions. But not even half of what Trump is worth. Think of the millions of people they have helped and you support the guy with the money in the bank that won't release his taxes or tell is where he invested.

"10 cents on the dollar from the Clinton Foundation goes to charitable causes."
— Mike Pence on Tuesday, October 4th, 2016 in the vice presidential debate

You don't think Pence knows the truth?
Pence is the equal of a ventroloquist dummy. Trump is both a ventroloquist AND a dummy!
 

Tags
foundation, clinton, charitable, fiorina, charity


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 11:19 PM.