Jump to content

Shutting down Clinton Global Initiative..say it aint so!


TheBlueVue

Recommended Posts

Well, it appears when there is no longer any power of political office from which to grant special dispensations in return for "charitable donations" few other options exist but to shut it down.

https://labor.ny.gov/app/warn/details.asp?id=5801

The largest unprosecuted money laundering racket in American history is closing. At least the timing involved doesn't create any appearance of impropriety...:-\ 

One cant help but wonder how the children of Africa will survive w/o the Clintons spending roughly 6% of their "Foundation's" yearly gross on them.

Link to comment
Share on other sites





6 minutes ago, TheBlueVue said:

Well, it appears when there is no longer any power of political office from which to grant special dispensations in return for "charitable donations" few other options exist but to shut it down.

https://labor.ny.gov/app/warn/details.asp?id=5801

The largest unprosecuted money laundering racket in American history is closing. At least the timing involved doesn't create any appearance of impropriety...:-\ 

One cant help but wonder how the children of Africa will survive w/o the Clintons spending roughly 6% of their "Foundation's" yearly gross on them.

Old news. Decided before the election:

https://www.bloomberg.com/politics/articles/2016-09-19/clinton-global-initiative-ends-run-with-some-of-shine-worn-off

Link to comment
Share on other sites

I'm sure it was such a tremendous success, there's no need for it any longer ? 

 

Quote

The Clinton Global Initiative (CGI) convenes leaders to drive action through its unique model. Rather than directly implementing projects, CGI facilitates action by helping members connect, collaborate, and make effective and measurable Commitments to Action.

Mission accomplished !!! Right ? :gofig: 

Yes, old news Texas.  Of course, Hillary was suppose to be in the WH , so there would be no more need to fleece donors of millions. She was suppose to be in a position to pay back some of those who so generously gave ... 

Link to comment
Share on other sites

7 hours ago, AURaptor said:

I'm sure it was such a tremendous success, there's no need for it any longer ? 

 

Mission accomplished !!! Right ? :gofig: 

Yes, old news Texas.  Of course, Hillary was suppose to be in the WH , so there would be no more need to fleece donors of millions. She was suppose to be in a position to pay back some of those who so generously gave ... 

Make up your mind. You've contradicted yourself on this short thread already.

Link to comment
Share on other sites

1 minute ago, TexasTiger said:

Make up your mind. You've contradicted yourself on this short thread already.

"If Breitbart and Fox are going on and on and on about how laced with controversy this organization is, that’s going to sound alarms to companies that are very risk averse," said Susan McPherson, a CGI member and CEO of McPherson Strategies, which advises corporate clients on philanthropic giving. "When you couple that with the presidential race, it makes it even riskier for them. They don’t want to be seen as pay-to-play if Hillary Clinton becomes president, and that has certainly had an effect this year."

Link to comment
Share on other sites

10 hours ago, TexasTiger said:

That's true.  The decision to close the CGI was publicly promised by HRC herself prior to the election in order to remove any conflict of interest issues should she become president. 

Except uh ... ... she didn't become president so, there can't possibly be any of those entangling conflict of interest problems now, right?  Right? 

Link to comment
Share on other sites

18 minutes ago, AUloggerhead said:

That's true.  The decision to close the CGI was publicly promised by HRC herself prior to the election in order to remove any conflict of interest issues should she become president. 

Except uh ... ... she didn't become president so, there can't possibly be any of those entangling conflict of interest problems now, right?  Right? 

Damn you and your dastardly common sense !  It's clear the real purpose was exactly a conflict of interest, because the entire Foundation was a big pay-for-play scam.  This was just the most direct, overtly criminal side of it, which is why it had to go away , once she was elected. 

 

Only, she wasn't...  Nope, still closing it. 

 

<_<

Link to comment
Share on other sites

20 hours ago, alexava said:

You should research that 6% claim to not make an ass of yourself. 

Quibble about the numbers if you must but what is publicly known about that "Foundation" is they spend more on salaries and expenses than they do on charitable giving. As a result its not even considered a charity by many. If not a charity then what is it? Honest people can admit what it is and others will cover for the Clintons no matter what.

"Clinton Foundation’s latest IRS Form 990 shows total revenue of nearly $149 million in 2013, and total charitable grant disbursements of nearly $9 million (see page 10). That comes to roughly 6 percent of the budget going to grants. And besides those grants, the super PAC said, “there really isn’t anything that can be categorized as charitable.”

Link to comment
Share on other sites

The Clinton Foundation is an operating foundation. Most of the money raised by the foundation is spent directly on their own programs, and not as grants to other charitable organizations(this is where the 6% number gets misused) It is misused intentionally by smart people with an agenda and paraded around by idiots who can't look it up themselves. They had about 12% overhead with 88% going directly into their programs which are all out their to see if you really want to know where it was used. I suspect some probably don't. 

Link to comment
Share on other sites

28 minutes ago, alexava said:

The Clinton Foundation is an operating foundation. Most of the money raised by the foundation is spent directly on their own programs, and not as grants to other charitable organizations(this is where the 6% number gets misused) It is misused intentionally by smart people with an agenda and paraded around by idiots who can't look it up themselves. They had about 12% overhead with 88% going directly into their programs which are all out their to see if you really want to know where it was used. I suspect some probably don't. 

If the foundation is as effective as your numbers from their website imply, why shut it down?

Link to comment
Share on other sites

40 minutes ago, AUFAN78 said:

If the foundation is as effective as your numbers from their website imply, why shut it down?

dont ask me. i am not sure exactly how effective it is. it had problems in Haiti for instance. I just don't see it taking 94% to operate and use 6% to help people. Only an idiot would buy that. I had this discussion with a family member , who is an idiot recently.

Link to comment
Share on other sites

4 hours ago, TheBlueVue said:

Quibble about the numbers if you must but what is publicly known about that "Foundation" is they spend more on salaries and expenses than they do on charitable giving. As a result its not even considered a charity by many. If not a charity then what is it? Honest people can admit what it is and others will cover for the Clintons no matter what.

"Clinton Foundation’s latest IRS Form 990 shows total revenue of nearly $149 million in 2013, and total charitable grant disbursements of nearly $9 million (see page 10). That comes to roughly 6 percent of the budget going to grants. And besides those grants, the super PAC said, “there really isn’t anything that can be categorized as charitable.”

That doesn't say how or where the balance of the income was spent.  It might have gone to increasing the (financial) foundation for the charity.  (For example).

Link to comment
Share on other sites

5 minutes ago, homersapien said:

What is the reason they have stated?

I've seen reports, but not sure they are factual. Who knows what's factual anymore? Possibly a partisan review? IDK. Here's one:

http://www.zerohedge.com/news/2017-01-14/clinton-foundation-shutting-down-clinton-global-initative

Link to comment
Share on other sites

25 minutes ago, homersapien said:

You are aware that the editor of the "observer" is Jared Kushner?  :-\

Was the Observer's report that different from ZeroHedge? 

Link to comment
Share on other sites

Contact & General Information 

Bill, Hillary & Chelsea Clinton Foundation
1271 Avenue of the Americas
42nd Floor
New York, NY 10020
www.clintonfoundation.org
Tax Status: 501(c)3 

Other Names 

Clinton Foundation
Clinton Global Initiative
Clinton Health Access Initiative
William J. Clinton Foundation
Charities often solicit donors under multiple names. CharityWatch is aware of this charity soliciting donors using the above names.
RATING:   A 

Is this rating different than what you expected based on what the charity reports about itself or what other raters report about this charity? Read about what makes CharityWatch's independent ratings different from other sources of information.

Stated Mission 

Works to improve global health & wellness, increase opportunity for women & girls,

reduce childhood obesity, create economic opportunity & growth, and help communities

address the effects of climate change.

 
Fiscal Year Ended 12/31/14 

Program Percentage :  88 % 

Program %Overhead %12%88%
Task Fundraising & Overhead %
Program % 88
Overhead % 12
 

Calculated Total Expenses (rounded) :  $242,000,000 

A charity's Program % is the percentage of its cash budget it spends on Programs relative to Overhead (Fundraising and Management & General Expenses)

Cost to Raise $100 :  $ 2 

$98
Task Amount it cost to raise $100
Cost to raise $100 $2
$98 $98
 

Calculated Total Contributions (rounded) :  $325,000,000 

Cost to Raise $100 signifies how many dollars a charity spends on Fundraising to raise each $100 of Contributions.

https://www.charitywatch.org/ratings-and-metrics/bill-hillary-chelsea-clinton-foundation/478Government Funding 

CharityWatch calculates the percentage of a charity's cash revenue received from government sources for informational purposes for those donors who would like to factor a charity's range of government funding into their giving decisions. Donors should keep in mind that funding from the government does not automatically signal that a charity is well-governed and/or more efficient than other charities.

For the reporting year rated by CharityWatch, this charity received cash grants/contributions from government sources within a range of:

0% to 24%

Financial Documents 

Bill, Hillary & Chelsea Clinton Foundation's rating is based on CharityWatch's in-depth analysis of the following documents for the fiscal year represented:
 
Entity Document Type Tax Id #
Bill, Hillary & Chelsea Clinton Foundation Audited Consolidated Financial Statements Multiple
Bill, Hillary & Chelsea Clinton Foundation IRS Form 990 31-1580204
Clinton Health Access Initiative IRS Form 990 27-1414646
Clinton Health Access Initiative & Subsidiaries Audited Consolidated Financial Statements 27-1414646
 

See the CRITERIA to learn why CharityWatch analyzes multiple documents before computing a charity's rating.

https://www.charitywatch.org/ratings-and-metrics/bill-hillary-chelsea-clinton-foundation/478

 

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...