A minuscule percentage of donations are distributed as aid.
A minuscule percentage of donations are distributed as aid.
If you are a Clinton apparently you can give 10% to the “cause” and keep the other 90% for administrative costs. It’s worse than that because most of the disbursements of “charity” went to friends of the Clintons who in turn donated to the Clinton Foundation. This is purely a criminal enterprise and it is hopelessly co-mingled between the charity, the foundation, and the speaking fees.
I am not a fan of new laws and we have too many, but I would not mind a law that required charitable tax deductions to be given to organizations that give at least 75% of funds to the stated purpose. Same requirement for them to have tax exempt status.
That seems pretty reasonable to me.