Posted on May 22, 2015
Clinton Foundation received about $26 million in previously undisclosed payments. Is this an integrity issue?
4.25K
34
32
4
4
0
The Clinton Foundation reported Thursday that it has received as much as $26.4 million in previously undisclosed payments from major corporations, universities, foreign sources and other groups.
The disclosure came as the foundation faced questions over whether it fully complied with a 2008 ethics agreement to reveal its donors and whether any of its funding sources present conflicts of interest for Hillary Rodham Clinton as she begins her presidential campaign.
The money was paid as fees for speeches by Bill, Hillary and Chelsea Clinton. Foundation officials said the funds were tallied internally as “revenue” rather than donations, which is why they had not been included in the public listings of its contributors published as part of the 2008 agreement.
http://www.washingtonpost.com/politics/clinton-foundation-reveals-up-to-26million-in-additional-payments/2015/05/21/e49da740-0009-11e5-833c-a2de05b6b2a4_story.html
The disclosure came as the foundation faced questions over whether it fully complied with a 2008 ethics agreement to reveal its donors and whether any of its funding sources present conflicts of interest for Hillary Rodham Clinton as she begins her presidential campaign.
The money was paid as fees for speeches by Bill, Hillary and Chelsea Clinton. Foundation officials said the funds were tallied internally as “revenue” rather than donations, which is why they had not been included in the public listings of its contributors published as part of the 2008 agreement.
http://www.washingtonpost.com/politics/clinton-foundation-reveals-up-to-26million-in-additional-payments/2015/05/21/e49da740-0009-11e5-833c-a2de05b6b2a4_story.html
Hillary Clinton
Politics
Election 2016
Edited >1 y ago
Posted >1 y ago
Responses: 16
1
1
0
The Clinton's are the most corrupt people in politics. I'm surprised anyone trusts them
(1)
(0)
1
1
0
It's only an integrity issue to those that have some...
If you look at charities, you will see that many are ranked by the amount of every dollar that actually gets to the individual who needs help.
If you take out the Clinton family (who all have huge salaries from the foundation by the way), a tiny fraction of every dollar go to people in need. This foundation is a money laundering operation in my opinion.
If you look at charities, you will see that many are ranked by the amount of every dollar that actually gets to the individual who needs help.
If you take out the Clinton family (who all have huge salaries from the foundation by the way), a tiny fraction of every dollar go to people in need. This foundation is a money laundering operation in my opinion.
(1)
(0)
(0)
(0)
CSM David Heidke
as for the salaries... I got mixed up with her Salary at NBC which was reported to be $600,000 a year as a "reporter." I guess that mixup is understandable since their "reporters" are large donors the the foundation. And she is vice-chairman to the foundation.
(0)
(0)
LTC Kevin B.
CSM David Heidke - That's not a source. That's an opinion article that uses sources to tell their preferred story. The writer completely avoids discussion of their business model, misreports what Charity Navigator actually says (to which I linked), and doesn't say anything at all about salaries received by the Clintons.
(0)
(0)
LTC Kevin B.
I suspect that Hillary is getting paid in some other manner besides salaries from the foundation. However, that's different than getting it directly out of the donations. She's probably demanding speaking fees and requiring donations. I'd prefer that approach because the donor wouldn't get a tax deduction by paying her speaking fee directly (but they would if it was washed through the foundation).
The reason so little of the Clinton Foundation's donations get paid out to charities is because the Clinton Foundation internalizes much of their work. If they were to outsource it (through follow-on payments to external entities), then they'd be rated by Charity Navigator. Imagine Habitat for Humanity getting a $1m donation to build houses for homeless vets. They could directly hire workers for $900k to build those houses, or they could pay another charity to hire unemployed veterans to do the work for $900k. In the former, they'd have a low payout rate (0%), but in the latter they'd have a high payout rate (90%). Charity Navigator only rates the latter forms of charities. The author of that article didn't mention that, and that omission deceives the readers.
The reason so little of the Clinton Foundation's donations get paid out to charities is because the Clinton Foundation internalizes much of their work. If they were to outsource it (through follow-on payments to external entities), then they'd be rated by Charity Navigator. Imagine Habitat for Humanity getting a $1m donation to build houses for homeless vets. They could directly hire workers for $900k to build those houses, or they could pay another charity to hire unemployed veterans to do the work for $900k. In the former, they'd have a low payout rate (0%), but in the latter they'd have a high payout rate (90%). Charity Navigator only rates the latter forms of charities. The author of that article didn't mention that, and that omission deceives the readers.
(0)
(0)
1
1
0
0
0
0
It's only an issue if someone wants to undermine an individual's campaign. Charities make adjustments to their reports on a regular basis. Publicly traded corporations do the same thing when they file amended reports to the SEC (which can be retrieved in the SEC's EDGAR database). The only thing that makes this newsworthy is the fact that Hillary's name can be attached to it.
(0)
(0)
SPC Nathan Freeman
These contributions often come from countries that we are at odds with pandering favor including Russia buying Canadian Uranium mines after paying millions to the foundation so that Secretary Clinton would sign off on the deal which was necessary for the deal to go through. That's just one example.
(0)
(0)
(0)
(0)
SPC Nathan Freeman
The deal required a the approval of the United States (specifically the Secretary of State). But you're right. They're both crooked and disrespectful to the military. They both referred to the secret service as pigs and don't get me started on Benghazi
(0)
(0)
(0)
(0)
0
0
0
UBS Deal Shows Clinton's Complicated Ties ...
A few weeks after Hillary Clinton was sworn in as secretary of state in early 2009, she was summoned to Geneva by her Swiss counterpart to discuss an urgent matter. The Internal Revenue Service was suing UBS AG to get the identities of Americans with secret accounts.
If the case proceeded, Switzerland’s largest bank would face an impossible choice: Violate Swiss secrecy laws by handing over the names, or refuse and face criminal charges in U.S. federal court.
Within months, Mrs. Clinton announced a tentative legal settlement—an unusual intervention by the top U.S. diplomat. UBS ultimately turned over information on 4,450 accounts, a fraction of the 52,000 sought by the IRS, an outcome that drew criticism from some lawmakers who wanted a more extensive crackdown.
From that point on, UBS’s engagement with the Clinton family’s charitable organization increased. Total donations by UBS to the Clinton Foundation grew from less than $60,000 through 2008 to a cumulative total of about $600,000 by the end of 2014, according the foundation and the bank.
Read more at ...
http://www.msn.com/en-us/money/companies/ubs-deal-shows-clintons-complicated-ties/ar-AAdH7Mo
A few weeks after Hillary Clinton was sworn in as secretary of state in early 2009, she was summoned to Geneva by her Swiss counterpart to discuss an urgent matter. The Internal Revenue Service was suing UBS AG to get the identities of Americans with secret accounts.
If the case proceeded, Switzerland’s largest bank would face an impossible choice: Violate Swiss secrecy laws by handing over the names, or refuse and face criminal charges in U.S. federal court.
Within months, Mrs. Clinton announced a tentative legal settlement—an unusual intervention by the top U.S. diplomat. UBS ultimately turned over information on 4,450 accounts, a fraction of the 52,000 sought by the IRS, an outcome that drew criticism from some lawmakers who wanted a more extensive crackdown.
From that point on, UBS’s engagement with the Clinton family’s charitable organization increased. Total donations by UBS to the Clinton Foundation grew from less than $60,000 through 2008 to a cumulative total of about $600,000 by the end of 2014, according the foundation and the bank.
Read more at ...
http://www.msn.com/en-us/money/companies/ubs-deal-shows-clintons-complicated-ties/ar-AAdH7Mo
UBS Deal Shows Clinton's Complicated Ties
After Secretary of State Hillary Clinton helped settle UBS’s legal battle with the IRS in 2009, the Swiss bank increased donations to the Clinton Foundation.
(0)
(0)
Read This Next
Continue with Facebook 
Continue with Google