There Are Charities, and There Are Charities

The Daily Caller has some numbers on the Clinton Foundation, which is pleased to refer to itself as a charity.  The Clinton Foundation spent, according to its 2014 Form 990 (the latest available)

  • a hair under $91.3 million in 2014
  • $34.8 million on salaries, compensation, and employee benefits.
  • Another $50.4 million was marked as “other expenses”

And

Despite taking in an additional $30 million in 2014, the Clinton Foundation spent 40% less on charitable grants in 2014 than in 2013. Even as it slashed charitable spending, the foundation increased the amount spent on salaries, employee benefits and compensation by $5 million in 2014.

Here are those 2014 vs 2013 numbers, taken from lines 8-19 of the Foundation’s 990 (rounded, in dollars):

Item 2013 2014 Change
Contributions and grants 142,900,000 172,600,000 +29,700,000
Grants and similar amounts paid 8,900,000 5,200,000 -3,700,000
Salaries, compensation, employee benefits 29,900,000 34,800,000 +4,900,000
Other expenses 45,300,000 50,400,000 +5,100,000

“Other expenses” include things like “legal” and “accounting” (small amounts); “occupancy,” “travel,” and “conferences” ($25 million); “other program expenses” (nearly $3 million), and so on.

Wait, what did the Clinton Foundation spend on actual charity?  Those “grants and similar…”: $5.2 million, down 42% from 2013, despite a 21% increase in revenue (those “contributions and grants”) over 2013.

Of the total Foundation spending of some $91.3 million (I’ve omitted some minor spending in my table above), the Foundation only spent those $5.2 million on “grants and similar….”  That works out to less than 6% of the money spent going to actual charities.  The rest went to the Foundation’s and Foundation personnel’s personal benefit.

There’s also this curious datum from the Clinton Foundation’s 990:

Under Liabilities (Part X, Line 18): “Grants payable” is $0.00 for both 2013 and 2014.  It’s an unusually efficient “charity” that has all of its charitable commitments fully paid by the end of every year.

TDC says that a well run charity spends only about 25% on administrative costs.  Take that with a grain of salt; I’ve seen numbers as low as 10% on admin, and numbers above 30%.  In any event, the Clinton Foundation doesn’t even come close to a decent or proper charity to expense ratio.

As Rick Moran, of PJMedia, put it in his description of these data,

If there’s a better definition of “pay for play,” I have yet to hear it.

The Clinton Foundation tax return can be seen here or here.

Vast Right-Wing Conspiracy

What she said.  Now it’s what FBI Director James Comey is claiming.

There’s an opportunity to feed that monster of a bias, that confirmation bias, all the time. So it accelerates that fractionalizing of our society, and it makes it much harder for people like me, like you, like the people in here, to speak reason to folks about our institutions.

Because of course.  Or, the Left is projecting again.