June 16, 2015

Clinton Foundation sucked millions from non-profits

Politico - When Condoleezza Rice headlined a 2009 fundraising luncheon for the Boys and Girls Club of Long Beach, she collected a $60,000 speaking fee, then donated almost all of it back to the club, according to multiple sources familiar with the club’s finances.

Hillary Clinton was not so generous to the small charity, which provides after-school programs to underprivileged children across the Southern California city. Clinton collected $200,000 to speak at the same event five years later, but she donated nothing back to the club, which raised less than half as much from Clinton’s appearance as from Rice’s, according to the sources and tax filings.

Instead, Clinton steered her speaking fee to her family’s own sprawling $2 billion charity.

The Bill, Hillary and Chelsea Clinton Foundation, which has come under scrutiny for its fundraising and fiscal management, has taken in as much as $11.7 million in payments from other nonprofit groups. The money was paid for speeches given by Hillary Clinton; her husband, the former president; and their daughter, Chelsea Clinton, since the end of Bill Clinton’s presidency in 2001, according to a Politico analysis of a list of speeches voluntarily released last month by the foundation.

No comments: