Free Republic

The Clinton Foundation's financial statements over the past six years have been fraudulent, Wall Street investor and financial analyst Charles Ortel, who is preparing a 100-page report on the issue, told Sputnik. WASHINGTON (Sputnik) — The organization, which has recently had doubts cast publicly over its transparency, including claims that it accepted substantial foreign donations while Hillary Clinton was in power, has remained silent on the matter, ignoring media requests for comment. "The Clinton Foundation financial statements are simple to evaluate under New York law; what they have produced, particularly since 2009, is fraudulent," Ortel said. Under New York state...

How do Warren Buffett and Bill Gates convince the world's wealthiest people to give away most of their fortunes? The billionaires have organized the "Giving Pledge,” an initiative launched five years ago to convince others to donate at least half of their wealth to charitable causes around the world.

[Gene Simmons]The bass guitarist for Kiss was raised by a single mother and has said in a television interview that his children will not get rich off his money. They will receive a small inheritance, Simmons says, but "every year they should be forced to get up out of bed and go out and work and make their own way." He has not decided what he'll do with his fortune, but he currently sponsors more than 140 African children through ChildFund.

Dozens of climate scientists and environmental groups are calling for museums of science and natural history to “cut all ties” with fossil fuel companies and philanthropists like the Koch brothers. A letter released on Tuesday asserts that such money is tainted by these donors’ efforts to deny the overwhelming scientific consensus on climate change. “When some of the biggest contributors to climate change and funders of misinformation on climate science sponsor exhibitions in museums of science and natural history, they undermine public confidence in the validity of the institutions responsible for transmitting scientific knowledge,” the letter states. “This corporate philanthropy...

glaringly missing from the summary was mention of $15 million in fees paid by Burkle's Yucaipa Global Opportunities Fund since 2002

“Earnestness is stupidity sent to college,” quoth the wise and well-traveled wit P.J. O’Rourke. The line would seem to fit many adherents of the Effective Altruism movement, a trendy subset of the philanthropy world.... The movement’s intellectual guru, Peter Singer [is] best known for his support of infanticide, bestiality (and other forms of “animal liberation”), and necrophilia (as long as it’s consensual).... [There is a] near-perfect parallel between (1) a passage in Singer’s Practical Ethics that justifies killing a disabled infant in hopes of someday having another child “with better prospects of a happy life,” and (2) a historical account...

America isn’t just a bit more generous than your typical country. We’re an order of magnitude (and counting) more generous than most countries, including Germany and Japan. ... “American capitalism differs from all other forms of industrial capitalism” because it focuses "on both the creation of wealth (entrepreneurship) and the reconstitution of wealth (philanthropy). Philanthropy is part of the implicit social contract that continuously nurtures and revitalizes economic prosperity." ... nonprofits must learn that they are not in an “independent sector.” They are dependent not just on that abstraction known as the economy but also, horrors, on its heroic leaders,...

On Monday, MSNBC host Lawrence O’Donnell returned to the network after spending several weeks recovering from a motor vehicle accident in which he broke his hip in multiple places and sustained a variety of other injuries. While O’Donnell appeared totally healed from his ordeal, he came back a changed man on at least one issue: the Koch brothers. In an emotional monologue, O’Donnell opened up about the taxi accident that sent him and his brother to a hospital – a hospital which he praised profusely. That facility was the Hospital for Special Surgery in New York City, where David Koch...

First lady Michelle Obama announced Wednesday the launch of a nationwide philanthropic effort to raise millions of dollars to help military families receive the support they need. Under the Philanthropy-Joining Forces Impact Pledge, more than 30 organizations are promising to raise $102 million for military families to help with things such as improving schools on military bases and helping families transition when a service member returns home. This is in addition to $62 million in commitments that exist. "Right now we are in a pivotal moment for our military families and our country," Obama said at an event at the...

Democrats hate the Koch Brothers. They believe the Koch Brothers are the root of all evil because they donate to Republicans and conservative causes. This week Senate Democrats once again asked the IRS to crack down on conservative groups including Americans for Prosperity, funded by the billionaire industrialists Charles and David Koch. Democrats want to silence the opposition. So how big of a threat are the Koch Brothers? Over the past twenty five years, from 1989 to 2014, Koch Industries has donated $18,083,948 in political contributions to Republicans. While that seems like a large sum, it only ranks them as...

Hatred for Charles and David Koch is now so pervasive among the far-left that unions are actually protesting a hospital that committed the cardinal sin of accepting a $100 million donation from the infamous billionaires–even though the money will likely create jobs for unionized employees of the hospital. The donation, made by businessman and philanthropist David Koch, is the largest in the New York-Presbyterian Hospital’s history, and will be used to build a new wing at the facility, according to The Washington Free Beacon. The Free Beacon’s Andrew Stiles pointed out that the donation “will presumably create a fair number...

Philanthropy magazine released an article titled “A Look at the 50 Most Generous Donors of 2013.” Topping the list was Facebook CEO and co-founder Mark Zuckerberg and his wife, pediatrician Priscilla Chan. In 2013 the couple donated 18 million shares of Facebook valued at $992.2 million to the Silicon Valley Community Foundation in Mountain View, California. The couple previously donated 19 million Facebook shares to the same foundation in 2012. markzuckerbergThe Silicon Valley Community Foundation describes its organization as a “comprehensive center of philanthropy.” They partner with donors to fund for profit and non-profit organizations around the globe. On their...

World Giving 2013: This fourth edition of the World Giving Index again presents giving data from across the globe over a five year period (2008-2012). The World Giving Index 2013 includes data from 135 countries across the globe that was collected throughout the calendar year of 2012. .... The Index is based on an average of three measures of giving behaviour - the percentage of people who donate money to charity, volunteer their time, and help a stranger, in a typical month. ... The United States is ranked first in this year’s World Giving Index (Table 1), reclaiming a position...

The desire of distant outsiders to fix Africa may be heartfelt, but it is also age-old and even quaint. Curiously repetitive in nature, renewed and revised every decade or so, it is an impulse Charles Dickens described, in a wickedly accurate phrase, as "telescopic philanthropy." That is, a focus from afar to uplift the continent: New York squinting compassionately at Nairobi. Never have so many people, so many agencies, so many stratagems, so much money been deployed to improve Africa -- and yet the majority of the movers are part-timers, merely dropping in, setting up a scheme in the much-mocked...

Last July, Google threw an office party. But this being Google — the third largest company in the world as of January — it wasn't really a standard ice-cream-cake-and-canned-beer office party. The event was luau-themed, so the company hired staff to dig big holes in its Mountain View campus' lawn and fit spits inside for the purposes of roasting pigs, according to people who were there. There were tables full of food and drinks scattered around. Also on offer: a sophisticated wave machine so employees could try their hands at surfing — miles away from the ocean. In the tech...

An effort by a Livingston billionaire to hand out free $100 gift cards to Jersey City residents affected by Hurricane Sandy turned into a fiasco last week after some residents who spent hours on line say they were later not able to obtain the gift cards. The effort led to long lines at some community groups last Monday night as people sought to register for the cards and long lines again two days later when residents showed up to pick them up, according to residents, community leaders and organizers of the charity effort. Two City Councilwoman blasted the effort at...

SAN FRANCISCO – Facebook CEO Mark Zuckerberg said he is donating nearly $500 million in stock to a Silicon Valley charity with the aim of funding health and education issues. Zuckerberg donated 18 million Facebook shares, valued at $498.8 million based on their Tuesday closing price. The beneficiary is the Silicon Valley Community Foundation, a nonprofit that works with donors to allocate their gifts. This is Zuckerberg's largest donation to date. He pledged $100 million in Facebook stock to Newark, N.J., public schools in 2010, before his company went public earlier this year. Later in 2010, he joined Giving Pledge,...

The philanthropic arm of shipping giant UPS said it will no longer give money to the Boy Scouts of America as long as the group discriminates against gays, the second major corporation to recently strip funding from the scouts. The UPS Foundation made the change Thursday after an online petition protesting its annual grants to the Boy Scouts attracted more than 80,000 signatures. UPS, based in Atlanta, follows computer chip maker Intel in withdrawing corporate support for the Boy Scouts. The UPS Foundation gave more than $85,000 to the Boy Scouts in 2011, according to its federal tax return. Federal...

Donald Trump is offering to donate $5 million to charity--just so long as President Barack Obama digs up and releases his passport and college records in the next week (to The Donald’s “satisfaction,” of course). So this is what it takes to get the purported billionaire to act like a philanthropist? As reported in these pages, the real estate developer is the country’s least charitable billionaire ...

Various Financial Sector Reports Select a sector, and select which type of financial efficiency rating group to display Sorting: Click on a column header to sort. Hold shift key + click to sort by multiple columns if the first clicked column has multiple rows of identical data. Ministry Noteworthy Efficiency Rating Efficiency Rank Sector Breath of Life, Inc. #1 (100%) Educational Media Children's Medical Ministries (CMM) #2 (99.7%) Relief and Development World Help #3 (99.4%) Foreign Missions Christian Blind Mission /CBM #4 (99.1%) Relief and Development Citihope International #5 (98.8%) Relief and Development Persecution Project Foundation #6 (98.5%) Advocacy Kingsway...