The Foundation was capable of saying that roughly 15-percent of the money being used....went to rent, operational costs, internal salary, travel costs, etc. Year after year....this could bounce from 10 to 15 percent. It was the general average of most of charitable foundations that were considered 'good'. The bad foundations? Well....they were the ones that spent the bulk....sometimes 80 to 90 percent on operational costs, and NOT the charity.
But there's this one odd feature about the Clinton Foundation. They hired people to perform the charitable actions....make speeches....attend conferences....write white-papers, etc. And those charity-action people were not part of the operational costs. They were the charity expenses. You could have twenty people soaking four-million dollars a year on travel, meetings, and salary.....with it all counted as actually charity expenses....not operational costs.
How much was spent this way? Unknown. What work or accomplishments were done this way? Unknown. You could attempt some audit over the past ten years, but once you come to individual X....noting his $120,000 a year salary and $40,000 spent on travel and hotels....there's not likely to be some detailed report to say he did anything constructive for the entire year, or that he spent 160 man-hours a month actually working. It'll just be a pit of budget reports and little else.
No comments:
Post a Comment