XBradTC

I used to do a lot of work with non-profits. Most were a treat to work with. Some… not so much.  Private foundations are often used by the wealthy to extend their control over their assets after they die. That is, they want their fortunes to be put to use supporting causes they support, rather than being subsumed into the maw of the federal tax coffers.  A goal I support.

Then there are the foundations some uber rich like Bill and Melinda Gates run, where they put their money to work even before they die. I might not agree with their goals, but hey, it’s not my money.

Then there’s the Clinton Foundation. I think it was Ace that described the primary purpose of the Clinton Foundation as a jobs program for their political cronies in between elections.

A third of the total expenditures of the Clinton Foundation in 2013 went to salaries and benefits.

Still looking for more information on their exact distributions. Foundations have a minimum amount they must distribute annually (generally 5%) which the Clinton Foundation easily surpassed. But there are several ways that distributions, which supposedly cannot be for the benefit of the principals, can be laundered. Not saying that happened here, just that I can think of ways it easily could.