Donations to the troubled Clinton Foundation “nose-dived” last year…
Tax filings from the Clinton Foundation reveal that donations “nose-dived” last year, dropping from $172 million in 2014 to $108 million in 2015. That’s a 37-percent decrease, according to the New York Post.
Income from speeches, a hot topic particularly during Hillary Clinton’s primary battle with Bernie Sanders, also dropped from $3.6 million in 2014 to just $357,500 (which is still about seven times the median family income in the United States).
In another sign of trouble, the Foundation received donations from five new donors in the third quarter of 2016. The Daily Caller has more:
The low number of new donors may indicate potential contributors were frightened away by repeated news reports that the Clinton charity is under FBI investigation regarding multiple allegations of “pay-to-play” influence-peddling schemes involving both Hillary Clinton and former President Bill Clinton, as well as their key political aides.
“A lot of questions have been raised, and I think donors are understandably cautious about getting involved with this deeply troubled charity,” Charles Ortel, a Wall Street analyst and philanthropy expert, told TheDCNF.
The Foundation had been placed on Charity Navigator’s “watch list” according to the Daily Mail, for “multiple concerns, including news reports about the foundation accepting donations from foreign governments.”
Ultimately, Clinton was never able to overcome the “pay to play” allegations that involved foreign donations to the Clinton Foundation and work done by Clinton’s State Department.
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