A new review of the Clinton Foundation’s recent expenditures challenges the foundation’s boast that most of the money it spends goes “directly to our life-changing work.”
The foundation took to social media last week to counter recent revelations about its omission of foreign donations from the IRS, as well as the general scandal surrounding the possibility that Hillary Clinton’s State Department policy may have been influenced by those same donations.
The foundation’s official Twitter account sent out an April 25 message boasting that “[m]ore than 88% of our expenditures go directly to our life-changing work,” and linked to an infographic purporting to break down its 2013 expenditures by category.
That graphic claimed 88.4 percent of the foundation’s outlay went for “Program” expenditures, 7 percent went for “Management and General,” and 4.5 percent went for “Fundraising” – with “Program” encompassing the catch-all category of charitable giving.
But The Federalist took a look at the information the Clinton Foundation provided on its 2013 IRS Form 990 and quickly concluded that the foundation’s claim was egregiously misleading. [...]
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