Just 5.7 percent of the Clinton Foundation’s massive 2014 budget actually went to charitable grants, according to the tax-exempt organization’s IRS filings. The rest went to salaries and employee benefits, fundraising and “other expenses.”
The Clinton Foundation spent a hair under $91.3 million in 2014, the organization’s IRS filings show. But less than $5.2 million of that went to charitable grants.
That number pales in comparison to the $34.8 million the foundation spent on salaries, compensation and employee benefits.What a shocker! I do not contribute to charities where less than 80% of incoming funds are used for the stated goal--which limits a bit who gets money from me. Many of the telemarketers who call up to ask for contributions to groups that purport to help peace officers are like the Clinton Foundation with most of the money paying staff and telemarketers. I remember some years ago looking at much of the federal government's help to the poor was actual payments to the poor and surprise, surprise! More than half was spent on administration. As Milton Friedman once pointed out, if you ask college-educated people to design a system to help the oor, the major beneficiaries are the college-educated people who staff the system.
Of course, to progressives, this level of funding to charitable action is okay because "They mean well." Progressivism is mostly about feeling morally superior to others, so failure to work is not a problem.