Thursday, April 30, 2015

Clinton Foundation spent only 15 percent of its budget on charitable grants

Wow, look at the lengths this guy goes to to stretch the truth to support the Clintons... Just take this one statement alone: "[T]he foundation says it does most of its charitable work in-house" What do the mean by in-house? Clinton's million dollar mansion? Clinton's 2016 campaign?
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Clinton Foundation spent only 15 percent of its budget on charitable grants

"Fifteen cents of every dollar actually went to some charitable beneficiary,"

The Federalist and PunditFact have gone to war over a claim that the Clinton Foundation donates only 15 percent of the cash it raises to charity.

Davis of the Federalist told the Washington Examiner's media desk that the PunditFact rating doesn't hold.

"PunditFact is funded in large part by the Ford Foundation, a significant Clinton Foundation donor and partner. I'll leave it to others to determine why they failed to disclose that fact in their article and how that financial relationship might impact their coverage of the Clinton Foundation," he told the Examiner Wednesday.

"Eighty-five percent of every dollar donated to the Clinton Foundation ended up either with the Clintons or with their staff to pay for travel, salaries, and benefits. Fifteen cents of every dollar actually went to some charitable beneficiary."

Between 2009 and 2012, the Clinton Foundation raised $500 million, and only 15 percent of that "went towards programmatic grants," Davis reported.

However, although there's a "grain of truth" to the claim, according to PunditFact, which is connected to the Tampa Bay Times' PolitiFact, the statement is nevertheless "mostly false."

"There's a grain of truth here — roughly 85 percent of the foundation's spending was for items other than charitable grants to other organizations, and a large chunk of this 85 percent did go to Clinton Foundation staff for travel, salaries and benefits," PunditFact's Louis Jacobson wrote Wednesday.

But there's more to the story than (by extension, the Federalist) lets on, Jacobson suggested.

"[T]he foundation says it does most of its charitable work in-house, and it's not credible to think that the foundation spent zero dollars beyond grants on any charitable work" he wrote.

A decidedly unimpressed Davis responded Wednesday, accusing PunditFact of "hackery" and "pathetic demagoguery."

First, he wrote, Jacobson told Davis in an email that his "demonstrably factual claim" was both "clearly accurate" and "technically true."

The Federalist "stated that over a four-year period, the Clinton Foundation spent only 15 percent of its budget on charitable grants," Davis wrote.

"Do you know what it takes for that statement to be correct? The demonstration that over that four-year period the Clinton Foundation spent only 15 percent of its budget on charitable grants," he added. "That's it. Nothing else is required. Unless, of course, your goal is to rehabilitate the Clintons rather than to broadcast actual facts."

PolitFact and PunditFact are both funded by the Ford Foundation, which also happens to be a major Clinton Foundation donor, according to Phil Kerpen, head of the conservative activist group American Commitment.

"This is not journalism. This is not fact-checking. This is pathetic demagoguery, and a remarkably unimpressive display of it at that," Davis wrote.

Washington Examiner

http://m.washingtonexaminer.com/article/2563810?utm_content=bufferdfbdb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer?utm_content=bufferdfbdb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

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