Half of Clintons’ charitable giving in 2014 went to their own foundation
…Washington Free Beacon – August 5, 2015 — by Alana Goodman…
Half of Bill and Hillary Clinton’s charitable giving last year went to the Bill, Hillary, and Chelsea Clinton Foundation, according to a review of the latest financial disclosures from their private foundation.
The Clintons earned more than $28 million in 2014 and claimed around $3 million in income as charitable tax deductions, according to tax returns released by Hillary Clinton’s campaign last Friday. The campaign emphasized Clinton’s charitable giving in a press statement, saying that it “represented 10.8 percent” of her income in 2014. But roughly half of that money—$1.8 million—appears to have been channeled to the Bill, Hillary, and Chelsea Clinton Foundation.
According to the tax returns, the Clintons gave $3 million in 2014 to the Clinton Family Foundation, a small private foundation that the family uses as a pass-through to other charities. Records show the CFF disbursed $3.7 million in 2014, including $1.8 million to the Bill, Hillary, and Chelsea Clinton Foundation.
That contribution was the family’s largest by a significant margin that year. They made numerous smaller donations to other groups, including the University of Arkansas, the American Ireland Fund, and the American Friends of the Peres Center.
The $1.8 million contribution is also by far the largest annual donation the Clintons have made to the Bill, Hillary, and Chelsea Clinton Foundation in recent years. In the past five years combined, they gave a total of $1.1 million to the organization. Their last large donation was in 2008, when they gave $1 million.
While the Clintons do not receive direct compensation from the Bill, Hillary, and Chelsea Clinton Foundation, they do benefit from travel, and many of their longtime aides have served on its payroll.