On Wed, 24 Aug Just Wondering wrote:
>On 8/23/2016 9:01 PM, Governor Swill wrote:
>> The Clinton Foundation through the Clinton Global Initiative does
>> charitable work around the world. Charitable work that comes from
>> Americans named Clinton. The value of the good will this will give
>> our incoming President in her international relations and negotiations
>> is incalculable.
>> Afaic, the Clintons should NOT separate themselves from the foundation
>> if she's elected. If anything, they should draw closer to it and
>> promote that connection world wide in every country in which they're
>> provided food and health care for kids, educated them, and done all
>> the other things that've saved lives and promoted work, prosperity and
>> free market values.
>Charity watchdog: Clinton Foundation a ‘slush fund’
>
http://nypost.com/2015/04/26/charity-watchdog-clinton-foundation-a-slush-fund/
All bullshit and thoroughly debunked. Even Newsmax is critical of the
NY Post article.
<
http://www.newsmax.com/Newsfront/clinton-foundation-factcheck-org-donations/2015/06/19/id/651411/#ixzz4IITXSNNT>
"Republican presidential candidate Carly Fiorina has charged that "so
little" of the charitable donations to the Clinton Foundation
"actually go to charitable works," a figure her Super PAC has put at 6
percent of the Foundation's annual revenue.
"The bottom line, according to the online information watchdog
FactCheck.org: "Fiorina is simply wrong."
"Fiorina is referring only to the amount of money donated by the
Clinton Foundation to outside charities, ignoring the fact that most
of the Foundation's charitable work is performed in-house.
"The independent philanthropy watchdog CharityWatch analyzed
Foundation funding and concluded that about 89 percent of it went to
charity — higher than the 75 percent considered the industry
standard."
>The Clinton Foundation’s finances are so messy that the nation’s most
>influential charity watchdog put it on its “watch list” of problematic
>nonprofits last month.
>
>The Clinton family’s mega-charity took in more than $140 million in
>grants and pledges in 2013 but spent just $9 million on direct aid.
As above, that is what the Clinton Foundation donated to other
charities, but it does most of it's work in house. That is, it isn't
just a group that collects money and gives it to charity, it is
*itself* a charity. The 6% only counts money given by the CF to
*other* charities. It doesn't count what they spent directly on their
own charitable projects.
>The group spent the bulk of its windfall on administration, travel, and
>salaries and bonuses, with the fattest payouts going to family friends.
>
>On its 2013 tax forms, the most recent available, the foundation claimed
>it spent $30 million on payroll and employee benefits; $8.7 million in
>rent and office expenses; $9.2 million on “conferences, conventions and
>meetings”; $8 million on fundraising; and nearly $8.5 million on travel.
>None of the Clintons is on the payroll, but they do enjoy first-class
>flights paid for by the foundation.
>In all, the group reported $84.6 million in “functional expenses” on its
>2013 tax return and had more than $64 million left over — money the
>organization has said represents pledges rather than actual cash on hand.
>
>Some of the tens of millions in administrative costs finance more than
>2,000 employees, including aid workers and health professionals around
>the world.
It takes a lot of workers to help the hundreds of millions the CF has
assisted around the world. Like the 18M US students who've received
educational support from the CF, or the more than half a million
African children who get free AIDS/HIV meds and the millions more
world wide who get it at a 90% or greater discount. The farmers who
get the benefit of agricultural professionals to teach them how to
increase yields. There are millions who get health care because of
the CF. CF provides or connects people to microbusiness loans and
marketing consultants who help lift families out of poverty by backing
small businesses and connecting them with global markets. Donna
Karan, for example, is a CF partner who sells third world artisanal
products. The Clinton Foundation helps set up such arrangements so
impoverished workers can access valuable western markets.
>But that’s still far below the 75 percent rate of spending that
>nonprofit experts say a good charity should spend on its mission.
Please note that in this right wing distorted list of expenses, the
only reference to the Foundation's donations for that year is off by
$120M. Further, charitable work is a "functional expense" since
charity work is the foundation's function. Iow, most of the 84.6M
above was spent providing aid and that 84.6 is only half that year's
total donations and pledges.
The "leftover" money not directly spend is being used to build an
endowment that well carry the Clinton Foundation over during the
expected period of Hillary's Presidency when neither she nor Bill will
be allowed to actively operate or fund raise for the organization.
>Charity Navigator, which rates nonprofits, recently refused to rate the
>Clinton Foundation because its “atypical business model .?.?. doesn’t
>meet our criteria.”
>
>Charity Navigator put the foundation on its “watch list,” which warns
>potential donors about investing in problematic charities. The 23
>charities on the list include the Rev. Al Sharpton’s troubled National
>Action Network, which is cited for failing to pay payroll taxes for
>several years.
This is an outright lie.
"Fox Business Network's Gerri Willis also claimed that only 6 percent
of the Clinton Foundation's 2013 revenue "went to help people," and
said that watchdog Charity Navigator had placed the Foundation on a
watch list.
"But Charity Navigator's Sandra Minuitti told FactCheck that her
organization had decided not to rate the Clinton Foundation, and said
the decision to withhold a rating had nothing to do with concerns
about the Foundation's charitable work."
<
http://www.newsmax.com/Newsfront/clinton-foundation-factcheck-org-donations/2015/06/19/id/651411/#ixzz4IITXSNNT>
CF is *not* on Charity Navigator's watch list.
<
https://www.charitynavigator.org/index.cfm?bay=search.watchlist>
CN doesn't rate CF.
<
https://www.charitynavigator.org/index.cfm?bay=search.profile&ein=311580204>
CGI America has committed over 13B in value to date to help Americans.
Schools are assisted in getting STEM professionals and grads on board
to mentor students in local school systems, for example.
The problem here is that the criticism is politically driven and has
come from the right while the Clintons have simply ignored the charges
as ludicrous - which they are. So effective has this right wing
brainwash been that even the mainstream media has bought into some of
it.
Republicans would apparently prefer to see millions of children and
adults die of disease and starvation than see the Clintons succeed in
doing good works.
The fact remains, the Clinton Foundation and Clinton Global Initiative
have helped nearly half a billion people worldwide and done much to
foster good will for America. Republicans are desperate to prevent
the voters from realizing this.
"Winding down" the CF while Hillary is in office would negatively
affect tens of millions, many of them Americans, and it is no
exaggeration to say that shutting it down would lead directly to the
deaths of at least half a million people, mostly children.
That the GOP and the right wing fanatics that form much of their base
would rather see people die than a Democrat, especially a Clinton, get
into office is beyond disgusting. Trump and the Grand Old Party
deserve each other.
http://blogs.elespectador.com/george-o-nomics/files/2016/03/TRUMP.jpg
Swill
--
#imwithher #stronger together
"It's shameful how Hillary is selling access to government
through the Clinton Foundation! She should do it like everybody
else - through campaign contributions!