Hillary Said 90% Of Clinton Foundation Donations Go To Charity. Actual Number? 5.7%
Hillary Clinton told a whopper of a lie during last night’s debate when she claimed 90% of the money donated to the Clinton Foundation is paid out in charity.
The truth is only 5.7% of their “massive budget” in 2014 went to charitable grants, “the rest went to salaries and employee benefits, fundraising and ‘other expenses.'”
As The Daily Caller reports:
Just 5.7 percent of the Clinton Foundation’s massive 2014 budget actually went to charitable grants, according to the tax-exempt organization’s IRS filings. The rest went to salaries and employee benefits, fundraising and “other expenses.”
The Clinton Foundation spent a hair under $91.3 million in 2014, the organization’s IRS filings show. But less than $5.2 million of that went to charitable grants.
That number pales in comparison to the $34.8 million the foundation spent on salaries, compensation and employee benefits.
Another $50.4 million was marked as “other expenses,” while the remaining almost $851K was marked as “professional fundraising expenses.”