Re:Facebook says it sold political ads to Russian company du...
by rhcom2 on Wednesday September 06, 2017 @05:34PM
(#15187307)
93.91/100 from Charity Navigator, spending 86.9% on programs and services.
Re:Facebook says it sold political ads to Russian company du...
by dragonwriter on Wednesday September 06, 2017 @06:34PM
(#15187680)
Aside from the editorializing about "luxury", that's because it is a direct-action charity, not an pass-through charity that gives grants to other charities while skimming off the top for administrative expenses. So, yes, it spends more on travel (and lots of other things) than on charitable grants, because grants aren't the mechanism by which it's charitable purpose is realized.
Re:Facebook says it sold political ads to Russian company du...
by aaronbrethorst on Wednesday September 06, 2017 @05:37PM
(#15187327)
Charitable grants are not a major focus
of the Clinton Foundation, which instead
uses most of its money to carry out its
own humanitarian programs.
https://en.wikipedia.org/wiki/Clinton_Foundation"Luxury" sounds like editorializing given the data you provide to back up your claim, which simply lists travel as being a $7.8mm cost and grants as a $4.1mm cost (page 10 of your linked PDF).
Re:Facebook says it sold political ads to Russian company du...
by malchow on Wednesday September 06, 2017 @06:35PM
(#15187684)
"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..." [1]
[1] https://nypost.com/2015/04/26/charity-watchdog-clinton-found...
So of $140M raised tax-free in 2013, half was spent keeping the operation going that very year.
[1] http://www.guidestar.org/FinDocuments/2014/311/580/2014-3115...