Reince Priebus' False claim that 80% of Clinton Foundation costs are overhead
By
Aaron Sharockman on Thursday, August 25th, 2016 at 10:53 a.m.
We’ll use the Clinton Foundation’s most recent IRS tax form, for 2014, as an example. (It starts on
Page 28 of this document.) The foundation reported total expenses in 2014 of a little over $91 million but grants of just $5.1 million. That’s close to 6 percent of the foundation’s money being spent on grants.
Over a five-year period from 2009-12, the foundation raised over $500 million, the conservative website
The Federalist reported, but only 15 percent of that, or $75 million, went toward grants.
But that doesn’t mean everything else is overhead, people who monitor charities and their practices say.
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http://www.politifact.com/truth-o-m...-priebus-false-claim-80-clinton-foundation-c/
