6 August 2015

Half of Clintons’ Charitable Giving in 2014 Went to Their Own Foundation

 
 
 
 
Half of Bill and hillary Clinton’s charitable giving last year visited the Bill, Hillary, and Chelsea Clinton Foundation, per a review of the newest money disclosures from their charity.
The Clintons earned quite $28 million in 2014 and claimed around $3 million in financial gain as charitable tax deductions, per tax returns free by hillary Clinton’s campaign last weekday. The campaign stressed Clinton’s charitable giving in a very press statement, spoken language that it “represented 10.8 percent” of her financial gain in 2014. however roughly half that money—$1.8 million—appears to own been channeled to the Bill, Hillary, and Chelsea Clinton Foundation.

According to the tax returns, the Clintons gave $3 million in 2014 to the Clinton Family Foundation, atiny low charity that the family uses as a pass-through to different charities. Records show the CFF disbursed $3.7 million in 2014, as well as $1.8 million to the Bill, Hillary, and Chelsea Clinton Foundation.

That contribution was the family’s largest by a big margin that year. They created various smaller donations to different groups, as well as the University of Arkansas, the american ireland Fund, and therefore the american Friends of the Peres Center.

The $1.8 million contribution is additionally far and away the biggest annual donation the Clintons have created to the Bill, Hillary, and Chelsea Clinton Foundation in recent years. within the past 5 years combined, they gave a complete of $1.1 million to the organization. Their last massive donation was in 2008, once they gave $1 million.

While the Clintons don't receive direct compensation from the Bill, Hillary, and Chelsea Clinton Foundation, they are doing like travel, and lots of of their old aides have served on its payroll.

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