FBI: No charges for Clinton

[Cecelia]

3. There is an investigative journalist who I can't remember the name of. He did an audit of the Clinton Foundation last year and found that very little of its money actually goes to charity work. I think it was something ridiculous like around just 10% of income is used for charity work.

And this is just plain wrong.

http://www.factcheck.org/2015/06/where-d...-money-go/

Daniel Borochoff, president and founder of CharityWatch, told us by phone that its analysis of the finances of the Clinton Foundation and its affiliates found that about 89 percent of the foundation budget is spent on programming (or “charity”), higher than the 75 percent considered the industry standard.

We looked at the consolidated financial statements (see page 4) and calculated that in 2013, 88.3 percent of spending was designated as going toward program services — $196.6 million out of $222.6 million in reported expenses.