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Clinton Charity Spends Nearly 80 Percent on Administrative Costs
Breitbart ^ | Peter Schweizer

Posted on 07/11/2016 9:27:34 AM PDT by COUNTrecount

The Canadian affiliate of the Clinton Foundation is spending an astounding 78 percent of the money it raises on administrative costs, according to the Globe and Mail.

The Clinton Giustra Enterprise Partnership (CGEP) spent nearly 8 dollars for every 10 that it raised on salaries, office supplies, expenses, salaries and consulting fees, according to filings with the Canada Revenue Agency. The charity only spent 22 percent on “charitable programs.”

The CGEP was set up by Canadian mining investor Frank Giustra, who is one of the largest contributors to the Clinton Foundation and a frequent traveling partner with Bill Clinton. Most of the funding has come from mining executives and companies. The CGEP was primarily set up so that Canadians contributing to the Clinton Foundation would receive a tax deduction in Canada.

CGEP officials defended the amount of money spent on administrative costs.

“These expenditures—far from being overhead—are critical to the operational success of CGEP’s work, and help maximize the impact of CGEP’s programs; ensure that more people are reached; and that these programs are run in an effective way,” they noted in a statement released to the Global and Mail.

CGEP also noted that the staff in Canada (including four full time positions) works on “partnership development and marketing, investor prospecting, and finance.”

This is not the first time CGEP has been in the headlines. The Canadian charity has also served as a conduit for undisclosed donations flowing to the Clinton Foundation. Frank Giustra admitted in 2015, after the publication of Clinton Cash, that there were more than 1,000 undisclosed donations to the Clinton Foundation. Many of those had come via CGEP.

(Excerpt) Read more at breitbart.com ...


TOPICS: News/Current Events
KEYWORDS: canada; cgep; clinton; clintoncash; clintoncrimefamily; clintonfoundation; giustra
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To: JohnBrowdie; KarlInOhio

See post #32. Special accounting rules available to the Clintons because they are more important than the rest of us.


41 posted on 07/11/2016 11:24:53 AM PDT by Vigilanteman (ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
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To: COUNTrecount

Which are payed to the Clinton’s ...


42 posted on 07/11/2016 11:39:13 AM PDT by SkyDancer ("They Say That Nobody's Perfect But Yet Here I Am")
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To: JohnBrowdie

In the second paragraph the mentioned salaries twice in the same sentence.


43 posted on 07/11/2016 11:44:38 AM PDT by D Rider
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To: Liz; Grampa Dave
In that anonymous FBI agent's AMA (Reddit discussion) he claimed that the Clinton Foundation was where the dirt was at — he also claimed that the implications spread out to many in government and if it came out it'd essentially be much of the government [or at least the upper-levels] on treason charges.

There's a subreddit /r/ClintonInvestigation, which is for digging into the Clinton Foundation and finding any dirt on it.

44 posted on 07/11/2016 11:44:38 AM PDT by Edward.Fish
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To: D Rider
In the second paragraph the mentioned salaries twice in the same sentence.
they really like salaries
45 posted on 07/11/2016 11:45:52 AM PDT by JohnBrowdie
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To: COUNTrecount
The charity only spent 22 percent on “charitable programs.”

...And I wouldn't be surprised if the number one "charitable program" is the Clinton Foundation. :)
46 posted on 07/11/2016 11:46:00 AM PDT by hawaiianninja (Palm note to self: "Prepare for some 2016 house cleaning. Trump/??? 2016!")
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To: COUNTrecount

bkmk


47 posted on 07/11/2016 11:50:49 AM PDT by AllAmericanGirl44 (If you ain't the lead dog, the scenery never changes.)
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To: Edward.Fish; Grampa Dave
ACADEMY-AWARD WORTHY---Obama puts on a convincing act.
He "knows nothing." Obama didn't even know about this (snix).

PIC Circa 2010--Ex-Pres Clinton in Moscow having a laugh w/ Putin
as strategic US uranium deposits were sold off to Russia for Big Bucks
facilitated by Secy Clinton, as Bill globe-trotted to set up the deal.

"Hahahaha. US ntl security? Hahahaha. You gotta be kidding, Vlad."

====================================================

With all the top-level intel available to him, can Americans actually believe:

<><>Obama was oblivious to the Clintons jerking around US foreign policy?

<><> Obama knew nothing of Hillary and Sid Blumenthal's emails WRT Iran (the man Obama banned from US govt employment)?

<><> Obama knew nothing about the Clinton Foundation/slush fund buck-raking activities?

<><> Obama never noticed Bill Clinton trotting around the globe?

<><> Obama never noticed the Clinton "charity" used to worm his way into the confidences of foreign leaders.... but only those leaders w/ untapped reserves of gold, uranium, oil, and other valuable commodities?

<><> Obama never knew Hillary's brother got a gold-mining permit in Haiti?

Hand-picked by Obama to run State, Hillary ran it like a shadow govt.... w/ her husband taking notes WRT buck-raking opportunities available from Hillary's actions OR inaction.

Secy Hillary never e-v-e-r uttered a discouraging word e-v-e-r......as the Clinton Foundation sucked up hundred of millions of foreign dollars from shady characters.

OF COURSE, the Clintons selling access to State Dept decisions and passing on classified information to interested parties for a foundation donation.......NEVER, EVER interfered w/ Obama/s OWN foreign policy initiatives (cue laugh machine).

===============================================

PULITZER PRIZE ANYBODY?---an enterprising reporter (1) matches-up foreign policy decisions at Hillary's State Dept, (2) the timing of donations to the Clinton Foundation....and, (3) related foreign policy decisions by Obama.

48 posted on 07/11/2016 12:52:54 PM PDT by Liz (SAFE PACE A liberal's mind. Nothing's there. Nothing penetrates it.)
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To: Liz

Thank you for that info, it’s really quite interesting.


49 posted on 07/11/2016 1:14:40 PM PDT by Edward.Fish
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To: Grampa Dave

UNICEF has terribly high administrative ratios. So does the Canadian Red Cross.

LOL. Yes, here in Canada, you can go to our version of the IRS, and find out the total compensation. Take that divided by the number employed you get a pretty good idea how “Charity” is an industry.

I find it quite disgusting. Call me naive, but I thought most of these people did this out of the goodness of their heart, not to earn a wage.


50 posted on 07/11/2016 1:39:42 PM PDT by Sam Gamgee
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To: COUNTrecount

With apologies to Andrew Lloyd Weber.....

And the money kept rolling in from every side
Hillary’s pretty hands reached out and they reached wide
Now, you may feel it should have been a voluntary cause
But that’s not the point my friends

When the money keeps rolling in, you don’t ask how
Think of all the people guaranteed a good time now
Hillary’s called the hungry to her, open up the doors
Never been a fund like the foundation Hillary Clinton

Rollin’ rollin’ rollin’, rollin’ rollin’ rollin’
Rollin’ rollin’ rollin’, rollin’ rollin’ rollin’
Rollin’ rollin’ rollin’, rollin’ rollin’ rollin’
Rollin’ rollin’ rollin’, rollin’ rollin’ rollin’

Rollin’ on in, rollin’ on in
Rollin’ on in, rollin’ on in
On in

Would you like to try a college education?
Own your landlord’s house, take the family on vacation?
Hillary and her blessed fund can make your dreams come true
Here’s all you have to do my friends

Write your name and your dream on a card or a pad or a ticket
Throw it high in the air and should our lady pick it
She will change your way of life for a week or even two
Name me anyone who cares as much as Hillary Clinton

Rollin’ rollin’ rollin’, rollin’ rollin’ rollin’
Rollin’ rollin’ rollin’, rollin’ rollin’ rollin’
Rollin’ rollin’ rollin’, rollin’ rollin’ rollin’
Rollin’ rollin’ rollin’, rollin’ rollin’ rollin’

Rollin’ on out, rollin’ on out
Rollin’ on out, rollin’ on out
On out

And the money kept rolling out in all directions
To the poor, to the weak, to the destitute of all complexions
Now, cynics claim a little of the cash has gone astray
But that’s not the point my friends

When the money keeps rolling out you don’t keep books
You can tell you’ve done well by the happy grateful looks
Accountants only slow things down, figures get in the way
Never been a lady loved as much as Hillary Clinton

Rollin’ rollin’ rollin’, rollin’ rollin’ rollin’
Rollin’ rollin’ rollin’, rollin’ rollin’ rollin’
Rollin’ rollin’ rollin’, rollin’ rollin’ rollin’
Rollin’ rollin’ rollin’, rollin’ rollin’ rollin’

Rollin’ on out, rollin’ on out
Rollin’ on out, rollin’ on out
On out


51 posted on 07/11/2016 1:43:21 PM PDT by dfwgator
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To: COUNTrecount
FBI looking into this???

Yes, the FBI said it WAS a slush fund, appears to be a criminal scam and said if it was someone other than the Clintons benefiting - - it would be a crime.

But since it IS the Clintons the FBI doesn't see any 'intent' on Bill and Hillary's part to be scammers, criminals, flim flam guys, con artiest, liars or money launderers.

To make himself perfectly clear James Comey said anyone else trying to work this kind of scam would be arrested and thrown in jail... He also said the damn little people should sit down, shut up and eat cake.

52 posted on 07/11/2016 1:58:01 PM PDT by GOPJ ("Crooked Hillary has the violent thug vote" - - Freeper Reeses)
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To: hawaiianninja

The charity only spent 22 percent on “charitable programs.”

...And I wouldn’t be surprised if the number one “charitable program” is the Clinton Foundation. :)

They were probably a little more crafty or sneaky. They would give money a Clinton like Chelsea or her husband to manage a quasi charity. After their expenses (living like Royalty on trips and even locally)


53 posted on 07/11/2016 2:01:00 PM PDT by Grampa Dave (Nothing special about the words "Radical Islam", "Nation of Islam!", "Isis" It is just Islam.)
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To: COUNTrecount
 photo Clinton Global_zps7bra4870.jpg
54 posted on 07/11/2016 2:03:54 PM PDT by shortstop (Why is the worst Pope of my lifetime serving at the same time as the worst President of my lifetime?)
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