Via the NY Post:
“It seems like the Clinton Foundation operates as a slush fund for the Clintons,” said Bill Allison, a senior fellow at the Sunlight Foundation, a government watchdog group where progressive Democrat and Fordham Law professor Zephyr Teachout was once an organizing director.
In fact, the finances are so bad that one major charity rating group, Charity Navigator, refuses to give the Clinton Foundation a rating:
The Clinton family’s mega-charity took in more than $140 million in grants and pledges in 2013 but spent just $9 million on direct aid.
The group spent the bulk of its windfall on administration, travel, and salaries and bonuses, with the fattest payouts going to family friends.
Charity Navigator, which rates nonprofits, recently refused to rate the Clinton Foundation because its “atypical business model . . . doesn’t meet our criteria.”
Charity Navigator put the foundation on its “watch list,” which warns potential donors about investing in problematic charities. The 23 charities on the list include the Rev. Al Sharpton’s troubled National Action Network, which is cited for failing to pay payroll taxes for several years.
Last year, former Virginia Governor Bob McDonnell drew 2 years in prison. He was accused of accepting golf outings, free travel, and loans from a political donor well under $200,000 in value. What this shows is that if you have the right politics during the time a Democrat is president that you are bulletproof. Where GOP administrations will hound even allies from office with malicious prosecutions (see Stevens, Ted and Libby, Scooter), the Obama administration relentlessly protects those with the correct politics. Otherwise, Eric Holder and Lois Lerner would have paid attention to this nest of corruption.