Clinton Foundation Revenue Drops to 16-Year Low: Bill and Hillary Are Shocked

 

The Clinton Foundation is one red piece of America — red ink, that is, according to the latest tax returns filed by the foundation.

The returns reveal that in 2018, the foundation took in $30.7 million while spending $47.5 million.

The extent to which the foundation has eroded fiscally was noted on OpenSecrets.org, which reported that 2018’s haul was “less than half the $62.9 million it raised in 2016 as Clinton was at the height of her presidential campaign.”

The site also suggested former Secretary of State Hillary Clinton’s 2016 election loss to President Donald Trump was a watershed moment for the foundation.

“Each of the two years since Clinton’s loss in the 2016 election has seen the organization’s revenue drop to record lows, raising less than any fiscal year in more than a decade — a sharp contrast to the $249 million raised during Clinton’s first year as secretary of state,” it wrote.

The $16.8 million loss in 2018 followed a $16.1 million loss in 2017.

The $30.7 million in revenue is the lowest amount the foundation has taken in since 2002, when it had $25.6 million in total revenue.

The federal Form 990 tax return filed by the foundation said its assets dropped from $329.7 million at the start of the year to $299.5 million by the end of the year.

However, major donors have not forgotten the foundation. Open Secrets said nine people were responsible for giving the foundation $11.9 million in 2018.

The foundation’s troubles provoked discussion on Twitter:

The foundation reported that it spent at least $23.8 million on salaries and other forms of compensation, including a total of about $404,000 to Bruce Lindsey, one of the foundation’s directors.

Twelve other individuals were listed as having received six-figure salaries.

Chelsea Clinton, the daughter of former President Bill Clinton and Hillary Clinton, was listed on the form as receiving no compensation despite her position as a director of the foundation.

Clinton Foundation spokesman Brian Cookstra refused to characterize the foundation as struggling, Fox Business reported in a story headlined, “Clinton Foundation bleeding cash.”

“Our entire 990 shows our work was fully funded by donations, grants, savings from prior years, and interest from our endowment,” Cookstra said.

“In the last year, the Clinton Foundation’s programs have grown to help more people, and we are committed to operating programs that are effective, efficient, and sustainable,” he said.

However, CNN reported last year that the FBI had opened an investigation into the Clinton Foundation to determine whether donors who gave to the foundation while Clinton was secretary of state were promised favors.


[SUPPORT MIKE AND MY PILLOW] use code THANKS45 for up to 66 % OFF

[SUPPORT MIKE AND MY PILLOW] use code THANKS45 for up to 66 % OFF

AT THIS POINT YOU’VE PROBABLY HEARD ALL SORTS OF DIFFERENT THINGS ABOUT THE FREEDOM PHONE.

Use code MAGA to save $50 and fight big tech!
The Blue Checkmark Brigade have come out in full force just like we knew that they would. After all, they can’t stand the idea of not having an iron grip on all your information. They don’t want Conservatives to have anything that prevents the big tech oligarchs from spying, censoring, and banning anything that isn’t “politically correct” or is “out of context” as Facebook loves to say as an excuse for suppression.
Use code MAGA to save $50 and fight big tech!
One of the many perks about the phone is that it’s hassle-free. No having to make a trip to go deal with your provider, you keep the same service you’ve always had. All you have to do is take the SIM card out of your old phone and pop it into SIM card slot in the Freedom Phone.  It’s really is that easy to get your privacy back. And the dual SIM card slots are so that you can add additional storage for things like photos, videos, or anything you want! It’s a free country after all.
Use code MAGA to save $50 and fight big tech!
First, The Daily Beast wrote an article saying that the Freedom Phone is, “just a budget Chinese phone“. This couldn’t be further from the truth. While it is an incredible deal, a mere $449.99 with code “MAGA” (compared to a $700-$1000 iPhone12) it IS NOT manufactured in China. Although the Daily Beast might have a “one-China policy” The Freedom Phone is actually manufactured in Hong Kong. You’ll remember Hong Kong from the HUGE protests where they waved American flags and fought hard against the authoritarian Chinese government who was trying to take control of their country. Patriots recognize Patriots, and that’s why Freedom Phone is PROUD to have their product manufactured in a country that is actually fighting with boots on the ground against one of the biggest enemies of the USA.
Use code MAGA to save $50 and fight big tech!
 
You Might Like